REG - Clean Power Hydrogen - Level 2 Factory Acceptance Test Completed

Clean Power HydrogenAnnouncement

15/08/2024 07:00

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RNS Number : 5075A  Clean Power Hydrogen  15 August 2024

 

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 15 August 2024

 

Clean Power Hydrogen plc

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

 

Level 2 Factory Acceptance Test Successfully 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 2 of the Factory Acceptance
Test ("FAT") for its MFE110 electrolyser.

 

Highlights

 

·      The Level 2 FAT has been successfully completed and independently
witnessed by Lagan MEICA the Principal Contactor and Arup, representative for
Northern Ireland Water.

·      The completion of the Level 2 FAT marks another key milestone
towards achieving final FAT, paving the way to commerciality.

·      The Company's focus is now on completing the final Level 3 FAT,
to be independently witnessed by Lagan MEICA and Arup, before deployment to
Northern Ireland Water.

 

The Level 2 FAT verified functionality of the MFE110 electrolyser and included
end-to-end checks of control loops, electrical and mechanical plant,
instrument calibration, and electrical installations in accordance with
requirements. Functional testing of Programmable Logic Control functions on
the physical system to demonstrate correct operation according to parameters
was also completed.

 

This milestone marks the second of three stages within the FAT, which run
sequentially. The Company is now proceeding with the Level 3 FAT, the final
testing procedure, which will involve a formal demonstration of operation and
performance witnessed by Lagan MEICA as well as Arup, a global engineering
contractor.

 

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

 

Jon Duffy, CEO commented:

"We continue to make solid, positive progress with another FAT stage
successfully completed, and have now moved on to the final stage: Level 3 of
the MFE110 FAT. As we reach this crucial turning point, I would like to extend
my gratitude to our staff, shareholders and partners for their ongoing support
during the FAT process, especially Lagan MEICA for their guidance. We look
forward to updating the market once we have reached commercialisation in due
course."

 

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

"We are encouraged by the progress made by the CPH2 team and the positive
reports back from our principle contractor Lagan MEICA and engineering
representative, Arup. We look forward to the Level 3 FAT, prior to deployment
to our site in Belfast."

 

 

 

 

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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