REG - Clean Power Hydrogen - Level 1 of Factory Acceptance Test Completed

Clean Power HydrogenAnnouncement

28/06/2024 08:15

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RNS Number : 3342U  Clean Power Hydrogen  28 June 2024

 

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 28 June 2024

 

Clean Power Hydrogen plc

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

 

Level 1 of Factory Acceptance Test Completed

 

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 Level 1 of the Factory Acceptance
Test ("FAT") for its MFE110 electrolyser. The completion of the MFE110 Level 1
FAT marks the first of three stages within the FAT which run sequentially,
with completion of FAT marking the significant juncture of the MFE110 becoming
a commercially accepted electrolyser.

 

The Level 1 FAT signifies a crucial part of the procedure verifying that
mechanical and electrical components are checked for completion, confirms that
all documentation is in order, and that the MFE's design and build is aligned
to the documentation and compliant to relevant safety standards. The
successful independent verification was undertaken by Lagan MEICA Limited, the
Contractor to Northern Ireland Water.

 

The Company is now proceeding with Level 2 of the FAT protocol, which verifies
a broad range of checks and calibrations for the MFE110. Once the functional
checks of the MFE110 are completed, CPH2 will begin Level 3 FAT, the final
testing procedure once the MFE110 electrolyser has been fully commissioned and
is producing hydrogen and oxygen.

 

The completed FAT of the MFE110 will be the first customer acceptance and
validation of CPH2's scaled electrolyser technology marking a
significant milestone in the Company's route to market.

 

 

Jon Duffy, CEO commented:

"The completion of Level 1 FAT is an important milestone as we continue with
the Factory Acceptance Testing of our market-leading technology. Level 1
signifies that we have completed the build of the MFE110 and all necessary
checks are complete so we can continue our journey to commercialisation. We
will now swiftly move to Level 2 where upon approval of the functional checks,
we will commence our final stage, on-site testing of the MFE110."

 

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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