UK electrolyser producer CPH2 has entered into a technology cooperation agreement with Bentec for the production of its patented membrane-free electrolyser technology.
Bentec is part of Kenera, a newly formed business unit within German drilling, engineering and technology company KCA Deutag Group, an investor in CPH2.
Kenera has been formed as the platform from which KCA Deutag Group will grow its offering within hydrocarbon and energy transition markets.
Under the agreement Kenera will manufacture up to 30 MFE220 units for CPH2 at its manufacturing facility in Germany.
In addition, CPH2 has granted Kenera a non-exclusive license to sell and manufacture CPH2 products in Germany, Scotland, Azerbaijan, Denmark and Norway up to a maximum of 150 MFE units annually.
CPH2 has also granted Kenera an exclusive license to sell and manufacture CPH2 products across the Middle East up to a maximum level of 2GW (including Oman, Saudi Arabia, United Arab Emirates, Qatar, Kuwait and Iraq).
The manufacturing arrangements set out in the agreement will “allow an acceleration of the roll out” of CPH2’s technology as the market for hydrogen grows rapidly.
The licensing arrangements will be effective for a period of ten years following the completion of the manufacture of an initial 30 MFE units.
CPH2 has also appointed James Hobson as Chief Financial Officer and executive director, effective from 5 December 2022, at which point Clive Brook will retire as an executive director and CFO of the company.
Hobson will join CPH2 from AMTE Power, where he has been CFO since October 2021.