Power to Hydrogen, Inc. (P2H2) is a privately held U.S. technology company focused on commercializing industrial-scale hybrid anion exchange membrane (AEM) electrolyzer systems for producing low-cost green hydrogen from renewable electricity and water.
Its proprietary technology delivers PEM-like performance, including high current density, high-pressure hydrogen output, and rapid dynamic response for integration with variable renewables, while using low-cost, earth-abundant materials that eliminate the need for iridium and other scarce minerals. This approach aims for up to 65% reduction in capital costs, lower operating expenses, and improved durability compared to conventional electrolyzers.
Headquartered in Columbus, Ohio, the company has initiated commercial deployments, including a 500 kW system at the Port of Antwerp-Bruges in Belgium for regional mobility and industrial use, and a similar system for the EU PYROCO2 project with SINTEF in Norway to produce renewable chemicals. It operates primarily in North America and Europe.
P2H2 has attracted investment from strategic partners including Asahi Kasei (which also signed a 2026 MOU for commercialization collaboration), Rev1 Ventures, Worthington Enterprises, JERA, American Electric Power, EDP, E.ON, and ESB. The technology builds on U.S. Department of Energy-funded research and positions the company as an emerging innovator in the global hydrogen equipment market seeking to make green hydrogen economically viable for heavy industry and energy applications.
Also known as Power to Hydrogen Inc..
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Evaluate manufacturing scale-up and commercialization of AEM water electrolysis to cut costs and enable flexible hydrogen production using lower‑cost, non‑critical materials.
