Nexceris Electrolyzer business receives DOE-funded support to accelerate clean energy technology to market

Columbus, OHIO, January 23, 2024 – Based in Ohio, Nexceris’ Electrolyzer business was one of 111 organizations to receive U.S. Department of Energy funding to accelerate market adoption of clean energy technologies.

Nexceris’ Electrolyzer business, a provider of highly efficient electrolyzers for industrial applications, was awarded funding from voucher provider RTI International for its AACE Class 5 Techno-Economic Analysis.

“The ENERGYWERX voucher program is a great opportunity for us to refine our green e-fuels business strategy by providing insights that will guide future manufacturing, sourcing, and design decisions. We are pleased to work with RTI International on this key initiative.” said Geoff Merchant, President Nexceris Electrolysis.

In addition to our Electrolyzer business, two other businesses in parent company Nexceris’ portfolio, HeatPath Solutions and Adena Power were also awarded vouchers to support bringing their clean energy technologies to market.

ENERGYWERX Voucher Program

The U.S. Department of Energy (DOE) Office of Technology Transitions (OTT), in collaboration with the Offices of Clean Energy Demonstrations (OCED), Fossil Energy and Carbon Management (FECM), and Energy Efficiency and Renewable Energy (EERE), today announced 111 entities to receive support in advancing their clean energy technologies, valued at $9.8M. The in-kind commercialization support will be provided by 33 supporting organizations through DOE-funded vouchers. 

The Bipartisan Infrastructure Law funds the Voucher Program as part of the Technology Commercialization Fund (TCF) and leverages DOE’s recent partnership intermediary agreement with ENERGYWERX.

“It takes a breadth of tools and expertise to bring an innovative technology from research and development to deployment,” said DOE Chief Commercialization Officer and Director of the Office of Technology Transitions Dr. Vanessa Z. Chan. “The Voucher Program will pair 111 clean energy solutions with the support they need from expert voucher providers to help usher new technologies to market.”

The program helps small businesses and other non-traditional partners access testing facilities or obtain third-party subject matter expertise needed to advance their technologies, business, or energy projects to the next level. The available support works to increase the adoption readiness of the participating organizations and ultimately brings impactful, clean energy technologies to fruition nationwide. 

Selected organizations will receive vouchers worth up to $250,000 each across five types of support, including analytical assistance, performance validation, and siting/permitting support for jurisdictions. 

Nexceris’ Electolyzer

Nexceris Electrolysis provides electrolysis stacks to produce green hydrogen and e-fuels with the lowest total cost of ownership. Nexceris Electrolysis’ proven solid oxide technology helps energy-intensive industries decarbonize supply chains cost-effectively. Our unique stack business model enables the company to achieve a fast path to profitability in the $12B electrolyzer e-fuels stack market. Nexceris Electrolysis was founded in 2022 and is based in Lewis Center, Ohio.