Hy Stor Energy has terminated an electrolyzer capacity reservation agreement with Nel.
Nel and Hy Stor had signed a reservation agreement for more than 1 GW of alkaline electrolyzer equipment in April.
The reservation agreement would have provided electrolyzers for Hy Stor’s Mississippi Clean Hydrogen Hub.
In a previous press release, the companies said that the Mississippi Clean Hydrogen Hub project will be the largest zero-carbon, off-grid hydrogen production and salt cavern storage hub in the U.S.
Under a previously announced LoI, Hy Stor Energy had agreed to supply zero-carbon renewable hydrogen from the MCHH in a direct offtake partnership to support production of green steel in the U.S.
