Business
Agreements Signed with Fabrum Solutions Ltd
Agreements Signed with Fabrum Solutions Ltd.
About this update from Clean Power Hydrogen Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n 22 December 2022\n \n \n \n \n \n \n \n \n \n Clean Power Hydrogen Plc\n \n \n \n \n (\"CPH2\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n \n \n \n Development Agreement and Extension of Supply Agreement signed with New Zealand based Fabrum Solutions Ltd\n \n \n \n \n \n \n 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 executed a development agreement with New Zealand based Fabrum Solutions Ltd (\"Fabrum\") (the \"Development Agreement\"), one of the world's leading cryogenic systems manufacturers for gas separation and hydrogen liquefaction. Fabrum is the result of the merger between Fabrum Solutions and AFCryo, the Company's supplier of the cryogenic systems since 2020.\n \n \n \n \n \n \n \n \n Development Agreement\n \n \n \n The Development Agreement has been executed for the purposes of the technical development of the Company's MFE. Under the terms of the Development Agreement Fabrum will work with CPH2, and its existing industry partner Kenera Energy Solutions (\"Kenera\"), to provide engineering expertise in support of design reviews, systems documentation and safety cases.\n \n \n Fabrum will further provide technical support to accelerate the final development of the CPH2 technology, including subsystem development of the cryogenic gas separation and full system development. This development support will be focused on the safe and efficient operation of the cryogenic gas separation system at a 1MW scale and at the expanded operation level up to a nominal 2MW scale.\n \n \n Finally, whilst CPH2 undertakes the process of identifying and appointing a Chief Technical Officer, Fabrum will supply CPH2 with the expertise of their current Technical Director, Hugh Reynolds, who will assist on a part-time basis in the role of Acting Chief Technical Officer for CPH2.\n \n \n The Development Agreement compliments the existing arrangements with Kenera. Following the execution of the Development Agreement the teams at CPH2, Fabrum and Kenera will work alongside each other to accelerate the development and production of the MFE220 units.\n \n \n \n Supply Agreement\n \n \n \n In addition, the Company has executed a deed...