New projects strengthen the company’s role in the global energy transition.
Houston, Texas, 29 January 2026 – Baker Hughes has announced a series of new clean energy initiatives that underline its growing focus on low-carbon technologies and long-term infrastructure projects. The announcements were made during the company’s Annual Meeting and highlight major steps in clean ammonia production and long-duration energy storage.
One of the key developments is Baker Hughes’ involvement in one of the United States’ first low-carbon ammonia fertilizer plants. Under this project, the company will supply hydrogen production solutions, carbon dioxide capture and sequestration technology, and advanced well construction services. These technologies are designed to reduce emissions while supporting large-scale industrial production, a growing priority for customers seeking cleaner energy solutions.
In addition, Baker Hughes has entered into a new technology and equity partnership with Hydrostor, a specialist in compressed air energy storage. Through this agreement, Baker Hughes is positioned to provide up to 1.4 gigawatts of power generation and compression equipment for energy storage projects in the United States and Australia. These projects focus on long-duration energy storage, which is increasingly important for balancing renewable power and ensuring grid reliability.
From a market perspective, Baker Hughes’ recent moves have attracted investor attention. The company’s stock has seen strong momentum in recent weeks and months, reflecting confidence in its energy transition strategy. Long-term performance also points to sustained growth, suggesting that investors who stayed invested have benefited as the company diversified beyond traditional oil and gas services.
For those closely watching the energy transition, these clean ammonia and energy storage projects show how Baker Hughes is steadily building a portfolio centered on lower-carbon technologies. Demand for clean hydrogen, low-emission ammonia, carbon capture solutions, and energy storage systems continues to rise among industrial and power sector customers, and these new awards could shape the company’s revenue mix in the years ahead.
The Wabash Valley Resources project in Indiana and the expanded Hydrostor agreement deepen Baker Hughes’ presence across the clean energy value chain. From hydrogen production and CO2 sequestration to compression systems and power equipment, the company is strengthening its Industrial and Energy Technology segment while complementing its existing LNG and gas power businesses.
At the same time, these opportunities come with challenges. Complex carbon storage projects and new energy storage technologies require careful execution and must meet strict regulatory and environmental standards. Project timelines may also depend on policy support and customer investment decisions, which can affect when orders turn into revenue.
Looking ahead, industry observers will be watching how quickly these projects move from announcements to equipment orders and operational deployment. The progress of clean ammonia plants and energy storage facilities will offer important signals about Baker Hughes’ long-term growth strategy and its role in shaping the future of low-carbon energy infrastructure.
