Hyliion ($HYLN) Inks Deal to Deploy KARNO Generators to Green Hydrogen Biomass Project

Green Stock News

Hyliion (NYSE: HYLN), a developer of sustainable electricity-producing technology, and H2 Energy Group, have announced a new deal in which H2 will purchase up to 10 KARNO generators for use at their hydrogen production facilities.

The KARNO generator, utilizing a linear design, is a versatile solution for electricity generation. Its modular design enables it to run on various fuels like hydrogen, renewable natural gas, propane, and more. Offering lower maintenance costs and emissions compared to traditional technologies, it provides efficient and economical power generation.

H2 Energy specializes in producing green hydrogen from renewable biomass and plans to use the KARNO generators to convert hydrogen-rich syngas into electricity for their operations. The LOI specifies that they will receive the first five generators in the second half of 2025, each with a power output of 200 kW and a total capacity of 1 MW. H2 Energy also intends to use the generators' heat to enhance manufacturing efficiency.

Thomas Healy, Founder and CEO of Hyliion stated: "Hyliion is thrilled to partner with H2EG, whose groundbreaking method for producing Green Hydrogen from renewable biomass is instrumental in propelling clean energy initiatives forward.”

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production.

Shares of Hyliion trade on the NYSE under the ticker symbol HYLN. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com