REG - Clean Power Hydrogen - Factory Acceptance Test for MFE110 electrolyser

Clean Power HydrogenAnnouncement

26/09/2024 07:00

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RNS Number : 7088F  Clean Power Hydrogen  26 September 2024

 

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 26 September 2024

 

Clean Power Hydrogen plc

("CPH2", the "Company" or the "Group")

 

Successful Factory Acceptance Test for MFE110 electrolyser

 

Successful testing proves technology works at scale and paves way for
commercial roll out

 

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 successful completion of the Factory Acceptance Test ("FAT")
for its MFE110 electrolyser, marking a major milestone for the company's
technology.

 

Highlights

 

·      The FAT has been completed after a formal demonstration of the
MFE110's successful operation and performance, independently witnessed by
Lagan MEICA the Principal Contractor, and Arup, representing Northern Ireland
Water.

·      The Group's MFE110 successfully produced separated hydrogen and
oxygen at the pre-determined specifications for commercial deployment.

·      The successful test confirms the first customer acceptance and
validation of CPH2's scaled electrolyser technology.

·      The completion of testing validates CPH2's membrane-free
technology as a viable and potentially highly competitive alternative to PEM
and Alkaline electrolysers.

·      The successful FAT is a major commercial milestone and lays the
foundation for the commercialisation of the MFE220, CPH2's flagship 1MW
system.

·      The next stage is the deployment of the MFE 110 unit to Northern
Ireland Water's site for installation leading to commercial hydrogen and
oxygen production.

 

The final stage of the FAT for the MFE110 involved successfully verifying the
safe and fully automated startup, operation, performance, and shutdown of the
MFE110 unit to the pre-determined specification. During this operation, key
metrics such as the unit's hydrogen and oxygen output pressure, flow rate, and
purity levels were recorded. All metrics achieved the necessary thresholds,
confirming that the unit can function effectively.

 

The Level 3 test was witnessed by both Arup and Lagan MEICA and followed
successful pre-commissioning checks (Level 1) and functional tests (Level 2).
The MFE110 will now be shipped to Northern Ireland Water for site
installation, integration, and commissioning, before commencing commercial
hydrogen and oxygen production.

 

This marks the most significant milestone in CPH2's journey to market,
validating its Membrane-Free Technology as a viable alternative to PEM and
Alkaline electrolysers. It also represents a crucial step forward for the
MFE220, CPH2's flagship 1MW design.

 

Strategic context of the MFE110 FAT

Capitalising on the successful MFE110 FAT, the Company now turns to a phase of
Commerciality, where the focus moves from product development to
commercialisation. The Commerciality Phase will consist of: delivering on our
existing three customer contracts for MFE220 units; activating the licensees
and supporting them; continued technology and product improvement; and growing
the commercial pipeline.

The deliverables through the Commerciality Phase will be revenue generating,
commercial MFE220 electrolysers working on customer sites and licensees
commencing manufacturing. The capabilities developed and activities undertaken
over the Commerciality Phase are expected to provide valuable learnings in
preparation for scaling commercial activities.

 

Jon Duffy, CEO of CPH2, commented:

"The successful FAT of our MFE110 electrolyser marks the most significant
milestone in CPH2's history to date. Our new, low cost and highly robust
technology solution is proven.  This achievement is a true testament to our
unwavering commitment to innovation, quality, and safety, and positions us
strongly for the next phase of our journey.

 

The completed FAT is the culmination of many hours of hard work and
determination from our entire team. I want to extend my deepest gratitude to
our dedicated team, supportive shareholders, Northern Ireland Water, and to
Lagan MEICA for their support throughout this process.

 

The process that CPH2 to reach this point has seen us overcome unexpected
technological and engineering hurdles but has meant a stepped improvement in
the product offering including significantly enhanced safety to industry
recognised SIL ratings and fully automatic operation, control and shutdown.
There is a renewed confidence in the capability of our technology to address
the significant market opportunity. We will now turn our attention to the
commercial roll-out and delivering the MFE220 through our own manufacture and
of our license holders."

 

 

Alistair Jinks, Director of Business Services at Northern Ireland Water,
commented:

"We are thrilled to have reached this pivotal milestone with CPH2. The MFE110
electrolyser will play a crucial role in our efforts to decarbonise our
operations and explore the transformative potential of hydrogen and oxygen in
wastewater treatment. This project is not just about meeting current needs;
it's about pioneering the future of sustainable water management and
contributing to the broader hydrogen economy in Northern Ireland. We are
excited to see how this technology will help us achieve our ambitious
environmental goals and set a new standard in the industry."

 

 

ENDS

 

 

For more information, please contact:

 

 Clean Power Hydrogen plc                                via Camarco
 Jon Duffy, Chief Executive Officer

 James Hobson, Chief Financial Officer

 Cavendish Capital Markets Limited - NOMAD & Broker
 Neil McDonald                                           +44 (0)131 220 9771
 Peter Lynch                                             +44 (0)131 220 9772
 Adam Rae                                                +44 (0)131 220 9778

 Camarco PR                                              + 44(0) 20 3 757 4980
 Billy Clegg
 Owen Roberts
 Lily Pettifar

 

To find out more, please visit: https://www.cph2.com (https://www.cph2.com)

 

Overview of CPH2

CPH2 is the holding company of Clean Power Hydrogen Group Limited which has
almost a decade of dedicated research and product development experience. This
experience has resulted in the creation of simple, safe and sustainable
technology which is designed to deliver a modular solution to the hydrogen
production market in a cost-effective, scalable, reliable and long-lasting
manner. The Group's strategic objective is to deliver the lowest LCOH in the
market in relation to the production of green hydrogen. CPH2 is listed on the
AIM market and trades under the ticker LON:CPH2.

 

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