BayoTech has announced a lease agreement for a hydrogen generator with Nutrien. The lease agreement will see BayoTech deploy an onsite hydrogen generator to one of Nutrien's nitrogen fertilizer plants.
Under the terms of the lease, Nutrien will operate the unit for supplemental hydrogen, while BayoTech will perform maintenance and 24/7 remote monitoring through the BayoCare programme, all backed with the industry's only no-risk performance guarantee.
BayoTech CEO, Mo Vargas, commented on the deal: "We are excited to be working with a world leader in agricultural products such as Nutrien. BayoTech's on-site, low-cost hydrogen is the first step in creating locally produced ammonia, eliminating transportation costs, and reducing carbon footprint. This will enable Nutrien to have additional options as they continue to grow to meet rising global demand for food."