Electriq and Zenith Terminals sign Powder Plant MOU – solid hydrogen carrier.
Electriq, an end-to-end safe hydrogen solution provider, and Zenith Energy Terminals, a global energy storage and handling company, announced a partnership to build the world’s first manufacturing plant of Electriq Powder – a solid hydrogen carrier – at the Port of Amsterdam.
Electriq Powder acts like daily used detergent powder – simplifying storage, transport, and use of hydrogen in last mile, off-grid and backup applications. Electriq Powder features superior safety and energy density, compared to compressed and liquified hydrogen. The release of hydrogen from the powder and conversion into electricity is done through a proprietary, compact release unit.
The partners have signed a Memorandum of Understanding, to construct Electriq’s first powder plant at Zenith Energy’s terminal in Amsterdam. The agreement includes the production of green hydrogen using renewable energy generated by Zenith’s on-site wind turbines.
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Baruch Halpert, Executive Chairman and CEO of Electriq, said:
This plant is the first of its kind in the world and will serve our customers in the Benelux market.
“The Netherlands is an early adopter of hydrogen as the fuel of the 21stcentury, and we see this Electriq Powder plant as a key enabler to leverage this in innovative, safe and industrial manner”.
Jeff Armstrong, CEO at Zenith Energy Terminals, said:
This project will pave the way for Europe’s move into clean, sustainable energy,leveraging the strengths of our Amsterdam storage terminal to provide a strong foundation for the new energy industries and creating new jobs in the area.
Koen Overtoom, CEO Port ofAmsterdam, said:
The Electriq Powder plant is a great example of the ongoing energy transition in our port towards a sustainable fuel hub.
“We are very happy to host new activities such as this plant and are keen to facilitate this type of intensified land-use and collaboration between parties in the port area”.
Electriq is currently working on further expanding its powder manufacturing capacity, to drive its planned expansion into worldwide markets, by creating similar partnerships in other geographical locations.
About Electriq
Electriq is an end-to-end safe Hydrogen solution provider, developing circular green fuel solutions for the clean energy market. Incorporated in Australia, Electriq operates in the EU from The Netherlands, with its R&D center in Israel. Electriq’s patented technology spans the entire energy ecosystem, including storage, transport, and release with hydrogen at its core. For more information, visit www.electriq.com
About Zenith Energy Terminals
Zenith Energy Terminals is a world-class midstream company that owns and operates over 5million cubic meters of renewable fuels, crude oil, petroleum products, chemicals and gas storage across North American, Europe and Latin America through its subsidiaries Zenith International and Zenith U.S. The Company’s focus is on building asustainable, independent liquid storage terminals business that provides safeand reliable solutions for its customers in the years to come. For moreinformation, visit www.zenithterminals.com
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Electriq and Zenith Terminals sign Powder Plant MOU, February 28, 2023
