Next Hydrogen Solutions Inc. and Casale SA have signed a non-exclusive memorandum of understanding to develop green ammonia and methanol systems that integrate Next Hydrogen's electrolysis technology and products. Under this agreement, the companies will bring together their collective experience and capabilities to accelerate and scale-up green ammonia and methanol plants connected to renewable energy sources. Next Hydrogen has deep expertise in electrolysis and is launching its next generation of large-scale, low-cost green hydrogen systems. Casale has a strong track record of technologies innovation in fertilizer production processes and plants, and is ideally positioned to exploit the advantages of Next Hydrogen's new electrolysis products.

This collaboration provides a compelling pathway to producing clean, zero-emission ammonia and methanol from green renewable energy power sources. In the first phase of the project, Casale and Next Hydrogen will work together on technology development, integration and validation testing of integrated green ammonia systems with an aim to accelerate the path to future market demonstration projects.