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Transactions - JUNE 8, 2021

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SGH2 signs largest deal in history, supplying world’s largest hydrogen refueling companies

by Released

SGH2 Energy has announced the execution of contracts between its subsidiary SGH2 Lancaster Project Co. and two of California’s largest owners and operators of hydrogen refueling stations.

The companies will use SGH2’s greener-than-green hydrogen to supply both existing and 90 new refueling stations, which are being rolled out across the state. The California Energy Commission (CEC) and California Air Resources Board (CARB) have identified green hydrogen as an important source of zero emissions energy critical to reaching California’s carbon reduction goals. Total production from the SGH2 Lancaster plant, 3.85 million kilograms annually, is now under contract for 10 years, representing one of the largest green hydrogen purchase agreements ever signed.

SGH2 Energy’s advanced gasification technology uses biogenic waste and biomass to produce carbon-negative hydrogen, reducing more carbon dioxide emissions than green hydrogen produced using electrolysis from 100 pe

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