Auburn Hills, October 15th, 2021 – GKN Hydrogen (GKN) is pleased to announce $1.7M of funding from the U.S. Department of Energy’s (DOE’s) Hydrogen and Fuel Cell Technologies Office within the Energy Efficiency and Renewable Energy Office awarded to DOE’s National Renewable Energy Laboratory (NREL) to add two HY2MEGA metal hydride hydrogen storage tanks to the hydrogen assets at the ARIES facility on NREL’s Flatirons Campus near Boulder, CO. GKN’s HY2MEGA storage subsystem will be connected to the megawatt-scale electrolyzer and fuel cell at the ARIES facility and validated by NREL scientists and engineers.  The performance of the HY2MEGA installation would be evaluated over a range of operational conditions and simulated use cases using the ARIES facility capabilities.  The construction schedule for adding the HY2 MEGA storage subsystem to the ARIES facility is expected to coincide with completion of the hydrogen assets in September 2022.

Peter Oberparleiter, Chief Executive Officer at GKN Powder Metallurgy, said:

“This a tremendous opportunity to collaborate with the DOE National Laboratories to validate and run megawatt scale use cases with our green, safe and compact metal hydride hydrogen storage solution.  Projects of this scale are needed to accelerate the adoption of zero emission technologies to help us all meet our future clean energy goals”

Bonn, Germany – May 4, 2021 – GKN Hydrogen’s 100% recyclable product suite has been developed and refined over the last years to become the most reliable and secure hydrogen storage solution on the market. The robust systems generate green hydrogen from fluctuating renewable energy sources, storing it compactly and safely in metal hydride over long periods of time.

When needed, the green hydrogen can be used directly or converted back into electricity and heat for a variety of applications. The scalable system design allows for maximum versatility, from emergency power backup and off-grid energy supply to residential housing, maritime transport, and large-scale industry.

Peter Oberparleiter, Chief Executive Officer at GKN Powder Metallurgy, said: “GKN Hydrogen is an incredibly exciting venture that will play a key role at the forefront of the energy transition. Using a state-of-the-art technology with far-reaching implications and extensive scope for development, we are helping to solve the issue of hydrogen storage and provide a clean energy for all that is green, safe and compact.”

With the launch of GKN Hydrogen, its second business unit to focus on innovative technologies alongside GKN Additive, GKN Powder Metallurgy is strengthening its position as a provider of leading-edge technology solutions for the future. Leveraging the
business’ world-leading position in powder metal solutions, GKN Hydrogen is pioneering safe, emission-free green hydrogen storage to help organizations and societies around the world achieve their carbon neutrality goals today, and in the years to come.

Peter Oberparleiter continues: “We created GKN Hydrogen after consulting with colleagues from across GKN Powder Metallurgy and are proud to be seen as an enabler for a decentralized, carbon neutral energy supply infrastructure. We are very excited to introduce our new business unit to the world on May 11, 2021. Our mission is to stop climate change, for ourselves and for generations to come.”