PURE HYDROGEN SIGNS MoU WITH HYZON MOTORS

Real Energy Corporation’s 100%owned hydrogen division, Pure Hydrogen Corporation, and Hyzon Motors Australia Pty, a wholly owned subsidiary of United States-based

Hyzon Motors Inc, have signed a memorandum of understanding (MoU) to collaborate on the development of a network of hydrogen refuelling points in Australia and the integration of a ‘wet hire’ of Hyzon’s vehicles to customers.

Hyzon is a global supplier of zero-emissions hydrogen fuel-cell-powered commercial vehicles, including heavy-duty trucks, buses and coaches.

This MoU is the framework for how the Hyzon and Pure Hydrogen businesses agree to collaboratively work together to provide hydrogen solutions to end-users, which will likely be fleet customers.

This may include referring potential customers and collaboratively working to develop a network of hydrogen refuelling points. Pure Hydrogen and Hyzon have also agreed under the MoU to work on a ‘wet hire’ option where potential customers will secure Hyzon’s vehicles as part of a package that includes the vehicle’s cost, scheduled services and hydrogen fuel as part of one monthly payment.

Pure Hydrogen’s Scott Brown commented:

“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-focussed energy business in Australia.”

Hyzon Motors Australia director John Feenan said: “We see Australia as a key market for the integration of hydrogen power technology into hard-to-abate sectors such as heavy transportation.