Clean Power Hydrogen: Yorkshire firm working to lisence tech in Mexico, US and Canada
Yorkshire-based Clean Power Hydrogen has announced that it is working with a US firm on a move which could see it manufacture and licence its hydrogen technology for sales in Mexico, Canada and the USA.
Clean Power Hydrogen said it had entered into a non-binding Memorandum of Understanding (MoU) with Koch Modular Process Systems.
The firms said it is their intention to “progress discussions towards a legally binding agreement in relation to manufacturing and/or licensing of up to 100MW of [Clean Power Hydrogen’s] proprietary modular hydrogen technology for sales and marketing into Mexico, the USA and Canada.”
The signing, which has an initial term of 24 months, will aim to provide a framework for the companies to evaluate technical, commercial and operational feasibility, including supply chain and localisation requirements.
Speaking on the signing, chief executive officer of Clean Power Hydrogen, Jon Duffy, said: “With capabilities in process, product and project delivery, we believe Koch Modular is a perfect partner to licence Clean Power Hydrogen’s technology across North America.
“We look forward to updating the market further on this in due course."
Based in Paramus, New Jersey, and Houston, Texas, Koch Modular specialises in the design and manufacturing of modular mass transfer systems for the chemical process industry.
The company is a subsidiary of Koch Industries LLC, one of the largest privately held corporations in the USA.
Speaking on the MoU, Vice president of Koch Modular, Brian Loftus, added: "We are pleased to begin discussions with Clean Power Hydrogen.
“From our initial engagement, we recognise the unique proposition of Clean Power Hydrogen’s patented MFE technology and look forward to formalising our relationship as we look to leverage our expertise in design and manufacture for the North American market"
It comes after Clean Power Hydrogen said late last month that it was “accelerating its commercialisation phase” as it works on a series of international deals.
The company last month filed an operations and trading update to the London Stock Exchange which said it was seeing “a significant increase in new customer opportunities in UK, India and the Middle East, including a number of which are now backed by Memoranda of Understanding and/or Letters of Intent”.
Clean Power Hydrogen recently announced that it had signed a non-binding agreement with Siemens, as well as a non-binding collaboration arrangement with Zero Carbon Consultants.
A further non-binding agreement is also in place with·India’s Allround Agritech Solutions, which is developing agricultural production solutions potentially requiring up to 20MW of Clean Power Hydrogen’s electrolysers.
Clean Power Hydrogen has created technology for production of high purity hydrogen and above medical-grade purity oxygen.