Clean Power Hydrogen plc – MoU signed between CPH2 and Constant Energy
Memorandum of Understanding signed between CPH2 and Constant Energy
Significant step forward in the commerciality phase of CPH2’s MFE technology following successful site acceptance test
CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser (“MFE”), is pleased to announce that it has entered into a non-binding memorandum of understanding (“MOU”) with Constant Energy Ltd (“Constant Energy”), an Irish based energy developer.
Constant Energy was recently granted planning permission for the Killala Energy Hub, a proposed hydrogen and energy centre in County Mayo, Ireland. The proposed site will link wind and solar energy production in the vicinity to Constant Energy’s site for the production of green hydrogen utilising CPH2’s MFE technology. The produced hydrogen is intended to be utilised in a gas peaking plant, for export to the surrounding gas grid as well as for a hydrogen filling station servicing fuel cell electric vehicles.
Pursuant to the terms of the MOU, the parties will now proceed to negotiate the terms of a binding Sale and Purchase Agreement which it is intended will see Constant Energy purchase an initial five 1MW MFE220 units from CPH2, to be operational in 2027 to 2028, and will facilitate discussions to secure up to 200 MW of capacity at the County Mayo site over the next 10 years.
Further announcements will be issued in due course.
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Clean Power Hydrogen plc – MoU signed between CPH2 and Constant Energy, source