With the worldwide move for greener energy, hydrogen and the hydrogen economy is being viewed as an increasingly popular solution with it being highly efficient and effective. Click to read more.
TORONTO, January 08, 2024 Canadian company Cipher Neutron Inc. ("Cipher Neutron" or "CN") has received from Molibdenos y Metales S.A. ("Molymet") Molymet’s first purchase order for CN’s innovative Anion Exchange Membrane (AEM) Electrolyser Technology. This purchase order is in furtherance of the collaborative relationship between Cipher Neutron and Molymet agreed upon pursuant to the Memorandum of Understanding (the "MOU") between CN and Molymet publicly announced by Cipher Neutron in 2023 for
The company recently launched a 100-MW electrolyser manufacturing plant, which it now plans to raise to one gigawatt capacity. The company has set a target of 0.5 mmtpa capacity of green hydrogen and its derivatives production by 2030 and is participating in bids.