- Hydrogen-fueled fast chargers will rapidly expand charging infrastructure for electric vehicles, opening doors to more accessible and affordable charging.
Albuquerque, USA – BayoTech today announced that it has signed an agreement with GreenCore to supply hydrogen to the more than 1,500 electric vehicle (EV) charging and hydrogen refueling stations GreenCore plans to build by the end of 2026.
The charging stations will use hydrogen fuel cells to generate electricity to charge users’ battery-powered vehicles, unlocking savings and creating convenience for drivers by reducing reliance on the grid and competition for energy at peak demand times. These locations will also dispense hydrogen directly to fuel light- and heavy-duty fuel cell vehicles.
The adoption of electric vehicles is growing at a breakneck pace, but the ever-increasing need for new charging points is not yet being met with expanded, distributed infrastructure. New research from Canalys shows that EV sales increased by 39% in 2020 to 3.1 million units, with a further 66% increase expected in 2021. This continued growth will further increase the enormous demand on the grid, requiring extensive investment to upgrade the distribution network that can take years to complete.
“As the demand for EV charging grows, serious issues in peak energy pricing and remote energy access are emerging,” says GreenCore CEO Frank Baumann. “This exciting partnership allows GreenCore and BayoTech to present a solution to these issues today, eliminating tailpipe emissions and making electric car charging more accessible.”
To meet this rising need, GreenCore’s hydrogen-powered, fast-charging stations will be grid-independent, rapidly deployable, low cost, and small footprint. GreenCore will use hydrogen exclusively provided by BayoTech to the EV charging and hydrogen refueling stations, through BayoTech’s gas as a service program BayoGaaS.
BayoGaaS produces hydrogen at or close to the point of use. This eliminates or reduces unnecessary transportation and storage, resulting in a significantly lower cost and lower carbon footprint than traditional centralized hydrogen production.
“We are very excited to be working with GreenCore” says BayoTech Chief Commercial Officer Stewart Stewart. “As the next generation of EV charging infrastructure is deployed, the ability to provide scalable, sustainable, and cost-competitive solutions is critical. GreenCore has a proven track record of success and will be a great partner in the continued hydrogen revolution.”