REG - Clean Power Hydrogen - Memorandum of Understanding with Siemens

Clean Power HydrogenAnnouncement

Tue 07:00

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RNS Number : 7799X  Clean Power Hydrogen PLC  24 March 2026

 

24 March 2026

Clean Power Hydrogen plc

("CPH2" or the "Company")

 

Memorandum of Understanding with Siemens plc

 

CPH2 (AIM:CPH2), which has developed market disrupting and IP-protected
Membrane-Free Electrolyser ("MFE") technology for the production of commercial
high purity hydrogen and above medical-grade purity oxygen, announces that it
has entered into a non-binding Memorandum of Understanding ("MOU") with
Siemens plc. It is the intention of Siemens and CPH2 to conclude a legally
binding agreement in relation to Siemens assisting CPH2 across a range of
activities focussed on successfully scaling up CPH2's MFE production and
maintaining its technology leadership.

 

Further updates in respect of the progress towards a legally binding agreement
between the parties will follow in due course.

 

Commenting, Chief Executive Officer of CPH2, Jon Duffy, said: "Our discussions
with Siemens cover a range of activities from enhanced process and automation
to customer introduction, marketing, 24/7 technical support, training, joint
product and process development and Go-to-Market strategies, all with the
objective to upscale CPH2 production. We look forward to updating the Market
further on this in due course."

 

ENDS

 

Enquiries:

 

 Clean Power Hydrogen                                          via Square1 Consulting

 Jon Duffy, Chief Executive Officer

 James Hobson, Chief Financial Officer

 Cavendish Capital Markets Limited - NOMAD & Joint Broker

 Neil McDonald                                                 +44 131 220 9771

 Peter Lynch                                                   +44 131 220 9772

 Turner Pope Investments (TPI) Limited - Joint Broker

 Andy Thacker/Guy McDougall                                    +44 203 657 0050

 Square1 Consulting Limited

 David Bick                                                    +44 7831 381201

 

Background on CPH2

CPH2 is the holding company of Clean Power Hydrogen Group Limited which has a
decade of dedicated research and product development experience that has
delivered global patents in breakthrough hydrogen and oxygen production
technology. The Group's strategic objective is to deliver the lowest lifetime
Levelised Cost of Hydrogen ("LCOH") in the market in relation to the
production of hydrogen at this scale. CPH2 is listed on the AIM market and
trades under the ticker LSE: CPH2.

 

For more information: https://www.cph2.com (https://www.cph2.com/)

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