A new unique collaboration aligning the supply and demand side of the hydrogen sector has been launched today (22nd April) to drive development of a hydrogen mobility supply chain globally.
Led by Hyzon Motors, the Hyzon Zero Carbon Alliance brings together leading financiers, insurers and energy companies which will mobilise fleet operators and industry to forge partnerships that create viable ecosystems and lifecycle solutions to accelerate the adoption of hydrogen vehicles worldwide.
By aligning the supply and demand side of the sector, the Alliance is designed to overcome some of the biggest hurdles faced by the hydrogen industry to date, making zero-emission fleet operations a reality in the very near term.
Comprising Korea Zinc subsidiary Ark Energy, AXA, Bank of America, Hiringa Energy, Modern Group, NEOM, Raven SR, ReCarbon and Total, along with Hyzon, these firms will work together as the initial members of the Alliance to foster knowledge and innovation, identify priority projects and create business models.
The Alliance will also support the delivery of attractive solutions that enable customers to viably make the transition to cleaner hydrogen fuel cell commercial vehicles.
Bringing together a supply chain of product and service offerings is critical to the realisation of a global hydrogen mobility sector.
Together, these nine companies, along with global innovation hub NEOM, will support the development of hydrogen ecosystems with the aim of accelerating the energy transition and deliver its benefits to global consumers as swiftly as possible.
As a uniquely demand-led initiative, the Alliance will capitalise on its direct access to fleet operators worldwide to create hydrogen ecosystems in parallel with vehicle deployments.
“We’re keen to work closely with Hyzon and other members to develop hydrogen mobility supply chains in Australia and support customers make the transition to hydrogen mobility,” said Daniel Kim, CEO of Ark Energy.
“As hydrogen moves from being a future fuel to an everyday fuel, we plan to leverage our experience on SunHQ, to roll out additional hydrogen hubs across Queensland and become a major domestic hydrogen producer ahead of our ultimate goal of becoming a green hydrogen exporter.”
Hiringa Energy CEO Andrew Clennett added, “If our last five years of hydrogen supply chain development has taught us anything, it’s that collaboration and alliances such as the Zero Carbon Alliance are critical in unlocking the potential of hydrogen to accelerate the transition away from fossil fuel powered transport.”
Abdulaziz F. AI Hamwah, CEO at Modern Group, stated, “Modern sees a great potential in the renewable energy sector. Specifically, the hydrogen economy in Saudi is growing exponentially with the recent announcement from the Ministry of Energy stating the Kingdom’s ambition to become the world’s largest supplier of hydrogen.
“With Hyzon as a partner, who is a global leader in the hydrogen space, and leveraging on the Saudi government’s incentives for renewable projects, Modern is strategically positioned to move forward into this industry.”
John Wilson, Vice-President of Gas Mobility at the Marketing and Services branch of Total, commented, “At Total, we are convinced that hydrogen is a mobility solution of the future. That is why Total Carbon Neutrality Ventures invested in Hyzon Motors and we are committed to developing hydrogen stations for trucks in Europe, and beyond.
“Becoming a member of the Hyzon Zero Carbon Alliance is another step towards our Climate Ambition to reach Net Zero emissions by 2050 together with society.”
The Hyzon Zero Carbon Alliance is an open, collaborative platform with membership opportunities for those organisations willing and able to contribute to the objectives and goals of the initiative.
An exclusive interview with Hyzon Motors is coming soon to H2 View.