Pure Hydrogen, a 100%-owned hydrogen division of Real Energy Corporation, and Hyzon Motors have joined forces to develop a network of hydrogen refuelling points in Australia.
The companies today (12th Jan) signed a Memorandum of Understanding (MoU) for the agreement which will also introduce the ‘wet hire’ of Hyzon’s hydrogen vehicles to customers.
According to a statement, the ‘wet hire’ option will allow potential customers to secure the vehicles as part of a package that includes the vehicle’s cost, scheduled services and hydrogen fuel as part of one monthly payment.
“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,” said Pure Hydrogen’s Scott Brown.
“We look forward to providing regular updates as the MoU progresses. As well, we have a number of other initiatives underway which will clearly reflect the value we are building in the Pure Hydrogen business. We believe we can build significant value in our Pure Hydrogen business for our shareholders and look forward to working with Hyzon.”
Hyzon Motors Australia Director John Feenan added, “We see Australia as a key market for the integration of hydrogen power technology into hard-to-abate sectors such as heavy transportation.”
“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. We look forward to working with Pure Hydrogen on this shared initiative.”