CPH2 Resolves Legal Dispute and Strikes New Hydrogen Licensing Agreement with Hidrigin
Key Ideas
- CPH2 successfully resolves a legal dispute with GHFG Ltd over a licensing agreement amicably, with no admission of fault.
- CPH2 enters into a new licensing agreement with Hidrigin, granting them the right to produce up to 2GW of MFE220 units for their own use.
- Hidrigin will outsource the manufacturing of MFE units to Jones Engineering Manufacturing, with the first 1MW unit expected to be manufactured in Ireland in 2025.
- CPH2 aims to produce 1GW of electrolyser capacity at its facilities and 3GW under license, focusing on scaling the business globally through licensing agreements.
CPH2, a green hydrogen technology and manufacturing company based in Doncaster, has settled a legal action with joint venture GHFG Ltd after a fallout over a licensing agreement. The companies agreed to an amicable settlement with no fault admitted. Following the termination of the license agreement with GHFG, CPH2 is now focusing on commercializing its Membrane-Free Electrolyser (MFE) technology. CPH2 has also entered into a new licensing agreement with Hidrigin, allowing them to produce up to 2GW of MFE220 units in Ireland. Hidrigin will purchase a 1MW MFE220 electrolyser from CPH2, with manufacturing to be outsourced to Jones Engineering Manufacturing. The first unit is set to be produced in Ireland in 2025. CPH2's CEO, Jon Duffy, highlighted the importance of licensing agreements in scaling the business globally. Hidrigin's CEO, Eric Whelan, expressed excitement about using CPH2's technology for green hydrogen production in Ireland and globally, emphasizing the synergy with renewable energy generation. Both companies are optimistic about the partnership and future deployment of electrolysers.
Topics
Production
Renewable Energy
Technology
Business Growth
Green Energy
Manufacturing
Licensing Agreement
Market Penetration
Legal Dispute
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