Power to Hydrogen Wins EnergyNext Pilot Pitch Day
COLUMBUS, Ohio August 2nd, 2021 – In order to accelerate the deployment of the 250kW Clean Energy Bridge (CEB) pilot installations, Power to Hydrogen (P2H2) participated in the EnergyNext accelerator program this summer. The accelerator program was designed by Canada’s largest Cleantech accelerator, Foresight, and Eunike Ventures out of Houston, Texas to support the commercialization of companies with innovative energy and sustainability solutions. As part of the program, Power to Hydrogen was recently invited to participate in the Pilot Pitch Day. The Pilot Pitch Day provides a stage for startups to present their solutions to major industry partners, with the goal of developing pilot projects and commercial opportunities between startups and corporations. During the competition, Power to Hydrogen pitched its Clean Energy Bridge technology against 10 competing startups with innovative energy solutions. After hearing all of the startup pitches, the judges awarded the Power to Hydrogen team with the honor of “Best Pitch: Hardware Division” for the competition.
The competition’s judges came from all corners of the energy ecosystem, including integrated energy companies like Shell, Hess, & Delek US, petroleum services companies like NOV, Baker Hughes, & BHP Petroleum, and engineering services company Technip Energies. During the competition, the judges were evaluating companies based on the promise of their technology, strength of the value proposition, profitability of the economic opportunity, and the overall strength of the pitch. Business Intern & rising 3L law student at Ohio State, Walter Gibson, developed and led the pitch, while CEO/CTO Dr. Paul Matter assisted with the technical Q&A potion of the presentation. Gibson had this to say after winning the pitch competition, “It was great to be able to showcase our technology to knowledgeable industry representatives. I’m very thankful for the team at Eunike and all the work they did preparing each company to deliver their pitches.”
As a result of the award, Power to Hydrogen will be offered the opportunity to discuss pilot project installations with an array of industry-leading, multinational energy companies, including those represented by the judges. Power to Hydrogen currently has a variety of pilot project negotiations underway with various commercial partners, ranging from transportation to energy distribution and more. The win at the EnergyNext Pitch Day will further accelerate the commercialization plan for Power to Hydrogen’s groundbreaking Clean Energy Bridge Technology. P2H2 is still accepting inquiries from corporate partners for 250kW pilot installations with the goal of finalizing these agreements by the end of 2021.
About Power to Hydrogen
Power to Hydrogen (P2H2) is accelerating the transition to a clean energy future by improving access to and affordability of renewably derived green hydrogen and energy storage. With Clean Energy Bridge, an efficient and cost-effective reversible fuel cell system, P2H2 generates hydrogen on-site and produces power when needed most, during peak usage and outages.
6625 Singletree Dr.,
Columbus, OH 43229