REG - Clean Power Hydrogen - Operational Update

Clean Power HydrogenAnnouncement

21/02/2024 07:00

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RNS Number : 8061D  Clean Power Hydrogen  21 February 2024

 

 

21 February
2024

Clean Power Hydrogen plc

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

Operational Update

Clean Power Hydrogen plc (AIM: CPH2), the UK-based green hydrogen technology
and manufacturing group that has developed the IP-protected Membrane-Free
Electrolyser ("MFE"), is pleased to announce that it has successfully
completed its functional test of the Programme Logic Control ("PLC") of the
MFE110 for Northern Ireland Water. The PLC represents the coded programme
which automatically operates the MFE110 including shutdown, an important
safety feature which originally caused the pausing of the MFE110 Factory
Acceptance Test ("FAT") in November 2023.

The successful test was witnessed by Lagan MEICA Limited, the Contractor to
Northern Ireland Water, and means the Factory Acceptance Test can progress to
the final stages.

A Factory Acceptance Test will be the first customer acceptance and validation
of CPH2's scaled electrolyser technology marking a significant milestone in
the Company's journey. The PLC can also be used for the Company's 1MW system,
the MFE220 which is the Company's flagship product.

 

Jon Duffy, CEO of Clean Power Hydrogen commented:

"The successful test of the Programme Logic Control allowing for fully
automated operation, signifies an important part of the MFE110's journey to
commercial production of hydrogen and medical grade oxygen. While the pausing
of the FAT test in November 2023 due to issues regarding the shutdown
mechanism were disappointing, I am extremely proud of the team for
re-evaluating the important safety shut down measures, and successfully
finding a solution which has put us back on track to completing the MFE110 for
our customers in the very near-term future."

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 3757 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 ("Clean
Power") 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. The Group's MFE technology is already commercially available and
demonstrating cost efficiencies and technological advantages. CPH2 is listed
on the AIM market and trades under the ticker LON:CPH2.

 

 

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