Clean Power Hydrogen's MFE220 Renewed Contract: Expansion and Revenue Generation on the Horizon
Key Ideas
- CPH2, a UK-based green hydrogen technology company, secured renewed contract terms with existing customers for their MFE220 electrolyser, setting completion dates for 2025.
- Northern Ireland Water and Fabrum Solutions Limited are customers recommitting to the MFE220 units deployed in Belfast, Ireland, and New Zealand, respectively.
- The successful Factory Acceptance Test of the MFE110 proved customer acceptance, marking a shift towards commercialization and revenue generation by 2025.
- CEO Jon Duffy expressed delight in customer recommitment, highlighting confidence in CPH2's technology and a focus on growing within the hydrogen industry.
Clean Power Hydrogen plc, a UK-based green hydrogen technology and manufacturing company, has announced renewed contract terms for its flagship product, the 1MW Membrane-Free Electrolyser (MFE220), with existing customers Northern Ireland Water and Fabrum Solutions Limited. The completion dates for three MFE220 units have been reset to 2025, with one unit set for deployment in Belfast, Ireland, and two units in New Zealand. The recent successful Factory Acceptance Test of the MFE110 validated the company's unique electrolyser technology, signaling a move towards commercialization and revenue generation by 2025. CEO Jon Duffy expressed satisfaction with customer recommitment, emphasizing their confidence in CPH2's technology and the company's focus on growth within the hydrogen industry.
Topics
Electrolyzer
Green Technology
Industry Growth
Commercialization
Revenue Generation
Customer Commitment
Renewed Contracts
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