NGK INSULATORS, LTD. (hereafter "NGK") has been contracted by BASF Stationary Energy Storage GmbH (hereafter "BSES"), a subsidiary of the German chemical company BASF SE, to supply NAS Batteries for a significant green hydrogen production venture led by HH2E, a German producer specializing in green hydrogen.

The NAS batteries ordered boast a peak output of 18 megawatts and a capacity of 104.4 megawatt-hours, encompassing 72 container-type NAS batteries. They constitute a crucial component of the expansive green hydrogen production initiative underway along the Baltic Sea coastline in northern Germany. This initial order marks the first installment of NAS batteries, with a combined capacity exceeding 230 megawatt-hours, secured by HH2E for the project. Further discussions for subsequent deliveries are currently in progress.

The NAS batteries will be charged using electricity generated from intermittent renewable sources like solar and wind power. They will then provide power to the electrolyzer during the green hydrogen production process, ensuring the efficient use of renewable energy and stable green hydrogen output. With their capacity for high-volume and prolonged discharge, NAS batteries are ideal for managing peak loads over extended periods using electricity sourced from renewables.

The NAS batteries have been selected for their proven track record, safety, and exceptional reliability as energy storage technology. This marks the debut commercial application of NAS batteries in green hydrogen production projects, reflecting their recognized merits in the industry.

Countries and corporations worldwide are intensifying their efforts to decarbonize operations and attain carbon neutrality by 2050. Germany, renowned for its renewable energy initiatives, is striving to emerge as a frontrunner in hydrogen technologies, with a goal to reach 10 GW of hydrogen production capacity by 2030.

In 2019, NGK and BSES forged a sales partnership agreement for NAS batteries, subsequently broadening NAS battery sales via BASF's global sales network. These batteries find applications in various sectors, including renewable energy stabilization, electric power demand-supply balancing, and emergency power backup. With over 250 installations globally, NAS batteries boast a proven operational track record exceeding 20 years. NGK remains committed to collaborating with BSES to advance marketing and sales endeavors for NAS batteries, thereby facilitating the global expansion of renewable energy adoption and the attainment of carbon neutrality goals.

NGK pioneered the world's first practical implementation of NAS batteries, a megawatt-class large-capacity storage battery. These batteries are characterized by their significant capacity, compact high energy density, and extended lifespan, enabling the provision of stable electric power supply with high output for extended durations. Installed at more than 250 sites globally, they boast a collective output exceeding 720 megawatts and a total capacity of approximately 5,000 megawatt-hours.