January 5, 2010 (FinancialWire) — Hydrogenics Corp. (NASDAQ: HYGS) (TSX: HYG), a leading developer and manufacturer of hydrogen generation and fuel cell products, and Rosetti Marino S.p.A., an established provider of engineering and construction services and technology for the oil and gas industry, announced an agreement to jointly design, develop and commercialize utility-scale hydrogen power plants for peak shaving and energy management.

The plants will incorporate Hydrogenics’ electrolyzer and fuel cell systems for turnkey applications that produce hydrogen for energy storage and electricity generation. Rosetti Marino will provide expertise in large-scale gas compression, storage, and facility design; the complete systems are planned to provide for renewable energy, peak shaving, grid optimization and ancillary services. Other potential applications include large-scale fueling and hydrogen production for industrial uses.

Hydrogenics Corp. is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of TODAY and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.

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