Hydrogenics Corporation announced that it has entered into an agreement with Halcyon Power – a joint venture of New Zealand-based Tuaropaki Trust and Obayashi Corporation of Japan – to supply a carbon-free hydrogen production facility in New Zealand. The 1.5 megawatt hydrogen production project is scheduled to be in operation by 2020 and will be a valuable asset supporting joint research and development initiatives by Tuaropaki Trust and Obayashi Corporation, which are working towards implementing a hydrogen supply chain for New Zealand and Japan. The “green” (carbon neutral) hydrogen will be generated using electricity from stable, cost-effective geothermal energy in Mokai, Taupo, located adjacent to an existing Tuaropaki power plant. In New Zealand the use of hydrogen shows strong potential to be a critical component for the energy industry, where approximately 80% of domestic power is already generated from renewable energy sources. This project will allow these abundant renewables to be more easily exported in the form of hydrogen to other countries.