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Hyliion Holdings Corp. and Victory Clean Energy Inc. have signed a non-binding letter of intent for Victory to purchase up to 10 KARNO generators from Hyliion to be deployed in H2 Energy Group's hydrogen production facilities. The generators will produce electricity using hydrogen-rich syngas derived from renewable biomass, with the first five units expected to be received in the second half of 2025. Each generator is capable of producing 200 kW, with a total capacity of 1MW. H2EG plans to purchase an additional five generators if the initial units are successful. The partnership aims to advance global sustainability efforts by leveraging green hydrogen production.
