Advent Technologies enters MOU with Emergent Waste Solutions

Emergent Waste Solutions has entered into a Memorandum of Understanding with Advent Technologies Holdings for deployment of Methanol-based fuel cells and development of large-scale plants that will generate green methanol.Key terms of the MOU, which is subject to a definitive agreement, are: The MOU is related to establishment of a collaboration of employing EWS’ and Advent’s respective technologies for producing, storing, and selling methanol and Green Hydrogen. Each of the parties will operate independently but will collaborate to transform carbon-based waste materials and providing it to Advent for its fuel cells. Advent, where reasonable, will use EWS as a non-exclusive fuel source provider for Advent fuel cells requiring green methanol EWS will sell green methanol directly to Advent. The MOU has a four-year term.