Kenera and Clean Power Hydrogen sign technology agreement
Kenera to produce and supply electrolysers leveraging technology from Clean Power Hydrogen.
Kenera signed technical cooperation and sales agreement with Clean Power Hydrogen Plc (CPH2) that will enable it to manufacture and supply patented Membrane-Free Electrolyser™ units for hydrogen production.
This agreement builds on the successful CPH2 IPO in February, where Kenera was a cornerstone investor in the company.
This 10-year partnership brings together CPH2’s Membrane-Free Electrolyser™ technology and Kenera’s industry-leading manufacturing capabilities to supply hydrogen electrolysers across Europe and provides Kenera with an exclusive technology licence across the Middle East, including important markets such as Saudi Arabia and Oman.
The Membrane-Free Electrolyser™ is a disruptive technology in the hydrogen space. It has already experienced significant demand since entering the electrolyser market since it offers a cleaner, cost-effective and more robust alternative to other existing technologies.
The parties are targeting the first CPH2 electrolyser to be built in Germany from early 2023 by capitalising on the existing key skills, manufacturing competencies, and experience of Kenera and the wider KCA Deutag group.
CPH2 sees Kenera as an ideal industrial partner that can provide immediate additional manufacturing capacity – a key element for success that will enable further and faster growth towards accomplishing our vision to be a leading developer and manufacturer of green hydrogen technologies.
Ally Hogg, Head of Commercial for Kenera, said, “The relationship with CPH2 adds to our clean energy portfolio, and we look forward to actively collaborating with their team as we expand our business in the energy transition space and create value for our stakeholders by delivering our innovative technological solutions, manufacturing and after-sales expertise.”
Jon Duffy, CEO of CPH2, said, “This agreement is an important step in our journey to gain rapid scale. It also confirms our strategy to license the technology through an international network of partners that bring access to key geographies.”