Pure Hydrogen Corporation, a 100%-owned hydrogen division of Real Energy Corporation Limited (ASX:RLE), and Hyzon Motors Australia Pty Ltd, a subsidiary of US-based HYZON Motors Inc, will soon work on developing a fully integrated hydrogen supply in Australia.
The two companies signed a memorandum of understanding (MoU) pledging cooperation on the development of the hydrogen network, and the provision of HYZON’s hydrogen-powered vehicles to Australian customers.
Under the ‘wet hire’ option of the MOU, potential customers will receive HYZON vehicles in a package that includes the vehicle’s cost, scheduled services, and hydrogen fuel good for a month.
On the cooperation, Pure Hydrogen’s Scott Brown stated: “This MoU with such an established and respected hydrogen fuel cell vehicle company like HYZON is an outstanding development and excellent validation of our plans to develop a hydrogen focused energy business in Australia.”
Brown added that several other initiatives are in the works building upon the Pure Hydrogen business.
HYZON Motors Australia Director John Feenan said that the company views Australia as a “key market” for hydrogen-based technologies.
“We see Australia as a key market for the integration of hydrogen power technology into hard-to-abate sectors such as heavy transportation,” said Feenan.
“This MoU with Pure Hydrogen paves the way for both parties to boost the hydrogen infrastructure capabilities of Australia and propel the nation’s fleet operators towards a zero-emission future.”
Established in January 2020, US-headquartered HYZON Motors emerged as a daughter company of Horizon Fuel Cell Technologies Pte Ltd. HYZON is a global supplier of hydrogen fuel-powered commercial vehicles.