Photo: Loop Energy Inc.
Loop Energy Inc. and Morello Giovanni S.r.l. announced a co-operation agreement for development and manufacture of heavy-duty hydrogen electric material handling equipment.
The agreement anticipates Loop supplying Morello with its eFlow fuel cell modules for integration into hydrogen electric heavy-duty tractors, engineered for handling of heavy loads inside industrial plants.
“By electrifying our heavy-duty material handling vehicles using fuel cells, we can provide customers with an environmentally friendly electric option that offers improved performance, yet with lower operating costs,” said Amedeo Morello, Co-Owner, Morello Giovanni S.r.l.
“Hydrogen is the final piece of the puzzle, and we are excited about working with Loop to combine the benefits and learnings of our battery solution with Loop fuel cells to provide our customers with a product that delivers superior operating duration and a much faster refueling time.”