Loop Energy and MYNT announce supply and distribution agreement in Australia
Loop Energy™, a leading manufacturer of hydrogen fuel cell solutions, and MYNT First Element, a leading Australian power generator manufacturer, are proud to announce a strategic partnership for the manufacturing of hydrogen-electric power generators.
Under the agreement, Loop Energy’s hydrogen fuel cell modules are integrated into MYNT’s lineup of Purple H2 generators. The Purple H2 is designed to provide a clean energy alternative solution to diesel generators in base load applications for mining, industrial and construction clients. The agreement was signed after a successful market introduction of the Purple H2 product line in the first quarter of 2023. MYNT is planning 3 trials in the second half of 2023 in Queensland and New South Wales. With the first units of the generators already in production, MYNT expects customer demand to significantly increase over the next two years in the Australian market.
Fuel efficiency, product longevity, and total cost of ownership are critical to the viability of zero-emissions gensets in order to be practical as a replacement for diesel generators. MYNT selected Loop Energy largely due to its advanced eFlow™ technology, which delivers up to a 16% fuel efficiency advantage; 90% more peak power; and, up to a 10 times improvement in current density uniformity over comparable products currently available in the market. These attributes will enable MYNT’s Purple H2 generators to provide MYNT’s customers with the total cost of ownership and reliability benefits often required in mission-critical applications.
“The MYNT team has been in the business of off-grid fuel-optimized and carbon-reduced power generation for over 20 years. In order to be a practically viable replacement for diesel generators, hydrogen-powered generators will require a service life in excess of 20,000 hours. For the last three years we have sought out a hydrogen fuel cell partner with the technical capability, scale and vision to work with us in product development to deliver a genuine, emission-free alternative to diesel generators in base load applications,” said Gary Radford. “Loop Energy’s team culture and proprietary technology have added such significant value on both our supply chain capability and ability to deliver genuine best value customer outcomes in the hydrogen space to our customers, that we actively pursued supply arrangement with Loop Energy as the preferred powertrain for our Purple H2 hydrogen power generator range.”
As a part of the agreement, Loop Energy has further appointed MYNT as an exclusive value-added distribution partner for the Australian market.
“MYNT’s system-level knowledge and integration expertise is second to none. We are very excited to extend their knowledge and experience to other Australian OEMs as they gear up to launch hydrogen electric products,” said George Rubin. “We all know how critical the time-to-market is. Together with our partners at MYNT, we can help customers develop and implement hydrogen solutions faster and with lower cost.”