REG - Clean Power Hydrogen - Memorandum of Understanding with Constant Energy

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RNS Number : 9217M  Clean Power Hydrogen  16 June 2025

 

16 June 2025

 

Clean Power Hydrogen plc

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

 

Memorandum of Understanding signed between CPH2 and Constant Energy

 

Significant step forward in the commerciality phase of CPH2's MFE technology
following successful site acceptance test

 

CPH2, the UK-based green hydrogen technology and manufacturing company that
has developed the IP-protected Membrane-Free Electrolyser ("MFE"), is pleased
to announce that it has entered into a non-binding memorandum of understanding
("MOU") with Constant Energy Ltd ("Constant Energy"), an Irish based energy
developer.

 

Constant Energy was recently granted planning permission for the Killala
Energy Hub, a proposed hydrogen and energy centre in County Mayo, Ireland. The
proposed site will link wind and solar energy production in the vicinity to
Constant Energy's site for the production of green hydrogen utilising CPH2's
MFE technology. The produced hydrogen is intended to be utilised in a gas
peaking plant, for export to the surrounding gas grid as well as for a
hydrogen filling station servicing fuel cell electric vehicles.

 

Pursuant to the terms of the MOU, the parties will now proceed to negotiate
the terms of a binding Sale and Purchase Agreement which it is intended will
see Constant Energy purchase an initial five 1MW MFE220 units from CPH2, to be
operational in 2027 to 2028, and will facilitate discussions to secure up to
200 MW of capacity at the County Mayo site over the next 10 years.

 

Further announcements will be issued in due course.

 

About Constant Energy

Constant Energy is a Limited Company based in Limerick, Ireland, focused on
delivering green hydrogen projects in Ireland. It recently received planning
permission for a hydrogen plant and energy centre in Killala, Ireland.

 

Jon Duffy, CEO of Clean Power Hydrogen commented:

 

"The signing of an MOU between CPH2 and Constant Energy is a significant step
forward in the commerciality phase of our membrane free technology, following
our successful site acceptance test and demonstration of our electrolyser
functioning to a high level in a commercial setting.

 

"With confidence around both our technology and our ability to deliver
operationally, this MOU provides an exciting opportunity for the Company as we
look to significantly increase our order book and provide the solution for
efficient green hydrogen production across industry. We look forward to
working with Constant Energy to progress our relationship and ultimately
provide them with our membrane free technology solution for the Killala Energy
Hub Project."

 

Partick Hynes - Director, Constant Energy Limited, Ireland commented:

 

"We are delighted be working with CPH2. We have been watching their
development and believe that their MFE technology is a game changer for the
renewable industry here in Ireland as we look to capture curtailed renewable
energy and offer grid balancing through the Killala Energy Hub."

 

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
 Owen Roberts
 Kirsty Duff

 

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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