Pure Hydrogen’s efforts to build the hydrogen economy have borne fruit with the signing of a terms sheet with Aus Ships Group for the delivery of hydrogen fuel to the marine sector.
Under the agreement, the two companies will form a joint venture to deliver hydrogen fuel cell generators, hydrogen fuel supply and/or fuel cells to the sector.
Aus Ships Group is a well-established marine company that designs, builds and maintains marine vessels for a range of applications including passenger transport, tourism, government and pleasure.
Pure Hydrogen (ASX:PH2) will initially supply a hydrogen fuel cell generator in mid-2023 to recharge batteries for a battery-powered marine vessel.
Future developments are expected to include the delivery of fuel cells to replace internal combustion generators and reduce the number of batteries.
The…
Pure Hydrogen sets sail with Aus Ships hydrogen agreement
