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Clean Power Hydrogen PLC ( (GB:CPH2) ) has provided an announcement.
Clean Power Hydrogen PLC has signed a non-binding memorandum of understanding with Constant Energy Ltd, marking a significant advancement in the commercial phase of its Membrane-Free Electrolyser technology. This collaboration aims to integrate wind and solar energy for green hydrogen production at the proposed Killala Energy Hub in Ireland. The agreement outlines plans for Constant Energy to purchase initial units of CPH2’s technology, with the potential to expand capacity significantly over the next decade, enhancing CPH2’s market position and contributing to renewable energy solutions in Ireland.
More about Clean Power Hydrogen PLC
Clean Power Hydrogen PLC (CPH2) is a UK-based company specializing in green hydrogen technology and manufacturing. It has developed the Membrane-Free Electrolyser (MFE), a technology aimed at providing a cost-effective, scalable, and reliable solution for hydrogen production. The company’s strategic objective is to deliver the lowest levelized cost of hydrogen (LCOH) in the market, and it is listed on the AIM market under the ticker LON:CPH2.
Average Trading Volume: 240,966
Technical Sentiment Signal: Sell
For a thorough assessment of CPH2 stock, go to TipRanks’ Stock Analysis page.