Source - Alliance News

Molecular Energies PLC - oil, gas and alternative energy company - Notes Clean Power Hydrogen PLC agreeing a non binding framework agreement with Molecular Energies subsidiary G-Mobility to explore a licencing agreement for the manufacture and sale of Clean Power Hydrogen’s membrane-free electrolysers in the Mercosur group of countries in South America. Clean Power Hydrogen said G-Mobility’s interest in the non-binding framework agreement is a ‘strong indication’ of support of Clean Power Hydrogen’s ‘differentiated technology relative to its competition in terms of cost, efficiency, reliability and scalability’. Clean Power Hydrogen said: ‘The agreement will allow for the future production of electrolysers in Paraguay to serve the Latin American market using CPH2’s technology and experience.’

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