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Manufacturing Partnership with Kenera

In brief · summary, not quotable

CPH2 submits manufacturing licence documentation to licensee Kenera to enable production of MFE electrolysers.

  • Kenera exclusive territory maximum capacity 2GW
  • Kenera non-exclusive territories Germany, Scotland, Azerbaijan, Denmark, Norway
  • Kenera exclusive territories Middle East (Oman, Saudi Arabia, UAE, Qatar, Kuwait, Iraq)
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CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser ("MFE"), is pleased to announce the submission of its manufacturing and design licence documentation ("licence package") to its licensee Kenera, a Helmerich & Payne ("H&P") Company.

The licence pack will allow Kenera to review the final MFE design packages and system assemblies in order for the teams to begin the process of building the first MFE electrolysers under its agreement. The full document pack includes: Process, Mechanical, Electrical and Safety Design Package; Bill of materials with every part defined; 3D layout defined for the electrolyser and all sub-assemblies.

CPH2 has granted Kenera a non-exclusive licence to sell and manufacture CPH2 products in Germany, Scotland, Azerbaijan, Denmark and Norway as well as an exclusive licence to sell and manufacture CPH2 products across the Middle East up to a maximum level of 2GW (including Oman, Saudi Arabia, United Arab Emirates, Qatar, Kuwait and Iraq).

Kenera can now begin the process of planning to commence production. The Kenera and CPH2 teams will continue to work closely together focused on the transfer of MFE design, assembly and testing requirements, as well as completing, staff training, supplier onboarding and production line readiness.

Jon Duffy, CEO of Clean Power Hydrogen commented:

"Activating our licence with Kenera through the submission of this licence package is a significant achievement and maintains the flow of progress in the deployment of our licence model, which aims to quickly scale the utilisation of our MFE technology. We look forward to working with Kenera to advance its build and have another MFE unit operational in the field."

Rebecca Clarke, SVP Kenera commented:

"We are delighted to have received the licence pack. We are keen to begin production as soon as it is feasibility possible and will work with CPH2 to expedite this."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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