Electric Hydrogen's 100 MW bet: first plant built, headed to Infinium's Texas e-fuels site

Electric Hydrogen (EH2) makes 100 MW-scale PEM electrolyzer plants that produce roughly 50 tonnes of green hydrogen per day, pre-assembled as modular skids for cheap installation.

Green hydrogen only gets cheap as 100 MW plants, not containers; modular manufacturing cuts installed cost by 60% and wins e-fuels orders.

More than $600M raised by October 2023, including a $380M oversubscribed Series C led by Fortescue, Fifth Wall and Energy Impact Partners.

Electric Hydrogen was founded in 2020 in Natick, Massachusetts, by clean-energy engineers including CEO Raffi Garabedian, former CTO of First Solar. The wager was that green hydrogen's cost problem is a scale problem: hydrogen from natural gas and coal accounts for roughly 2.5% of global emissions, and replacing it requires electrolyzers that can produce tens of tonnes a day at a price competitive with fossil hydrogen.

EH2 raised over $600M, including a $380M oversubscribed Series C in October 2023 led by Fortescue, Fifth Wall and Energy Impact Partners, with bp Ventures, Temasek, Microsoft's Climate Innovation Fund and United Airlines' Sustainable Flight Fund among the investors. It built a 1.2 GW factory in Devens, Massachusetts, booked more than 5 GW of electrolyzer orders, and planned its first customer-sited plant in Texas for New Fortress Energy. In March 2025, with process-equipment maker Titan in Columbus, Texas, EH2 completed fabrication and assembly of its first commercial 100 MW plant, pre-assembled and pre-tested before shipment.

First commercial unit in hand, deploying: by May 2025 EH2 had selected Weitz as EPC partner to install the 100 MW HYPRPlant at Infinium's Roadrunner e-fuels project in West Texas — billed as the world's largest e-fuels facility, producing synthetic aviation fuel, diesel and naphtha — with the system cutting total installed costs by up to 60%.

Fossil hydrogen is a roughly 2.5%-of-global-emissions problem, but green hydrogen only competes at scale; EH2 designed the 100 MW plant as the product rather than assembling containers on site.

Factory-built modular skids cut total installed cost by up to 60%, which is the number that wins industrial orders against natural-gas-based hydrogen.

More than $600M raised and 5+ GW of orders by late 2023 let EH2 build a 1.2 GW factory before its first commercial plant was complete.

The Infinium Roadrunner project is expected to be the world's largest e-fuels facility, giving the first 100 MW plant a marquee customer instead of a pilot.

Make the plant the product: factory-build big units as modular skids so the first deployment proves installed cost, not just performance — that is what turns a scale thesis into orders.

As of late May 2025 Electric Hydrogen's first commercial 100 MW plant had been fabricated and pre-tested with Titan in Columbus, Texas, and the company had selected Weitz to install it at Infinium's Roadrunner e-fuels project in West Texas, expected to be the world's largest e-fuels facility producing synthetic aviation fuel, diesel and naphtha. EH2 said its HYPRPlant reduces total installed costs by up to 60% versus alternatives; the company had raised more than $600M and reported more than 5 GW of electrolyzer orders as of October 2023. No revenue figures were public.