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Pune (Maharashtra) [India], May 5 (ANI/NewsVoir): Indian global automotive components manufacturer ADVIK Hi-Tech Private Limited today announced that it has signed a Joint Venture (JV) with Australian clean energy company Pure Hydrogen Corporation Limited (ASX: PH2 or Pure Hydrogen ).
Oz Real Energy Inks Hydrogen MoU
Jan 12, 2021 7:25:am
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by: Shardul Sharma
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Oz Real Energy Inks Hydrogen MoU
Sydney-listed Real Energy’s hydrogen unit has signed a memorandum of understanding (MoU) with US-based Hyzon Motors on jointly developing hydrogen refuelling points in Australia, it said on January 12.
Real s Pure Hydrogen Corp and Hyzon have also agreed to work on a ‘wet hire’ option, where potential customers can hire Hyzon vehicles and receive hydrogen refuelling services for 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,” Pure Hydrogen’s Scott Brown commented.
Pure Hydrogen and Hyzon Motors to develop hydrogen fuelling points
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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 (12
th 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.