Loop Energy will deliver more that 50 eFlow™ fuel cell modules to technology company ECUBES for use in the company’s thermal green hydrogen energy storage solution HYDROGENIUM, storing energy in solid matter with no pressurised vessels for hydrogen.
The Vancouver-based company yesterday (28th Jan) said that it has signed a Memorandum of Understanding (MoU) with ECUBES that will span over a two-year period.
ECUBES’ HYDROGENIUM systems are designed to be supplied to a range of European customers including the European Defence Agency’s “RESHUB” project, that aims to improve energy efficiency in the European defence sector.
Commenting on the announcement, Ben Nyland, President and CEO of Loop Energy, said, “We are very excited about the partnership with ECUBES as it constitutes an important step in Loop’s European expansion strategy, as well as an entry into the rapidly growing zero emission stationary power market.”
“We appreciate ECUBES entrusting Loop to support their go-to-market strategy and look forward to supporting their goal of providing customers with one of the best cost and high-performing solutions on the market.”
Aleksander Gerbec, President of ECUBES, added, “To realise a vision for clean energy and economic growth, governments must succeed in implementing new energy concepts that involve a high penetration of renewables in the power mix.”
“This can only be achieved by aligning the interests of all participants in the value chain, working both top-down from the vision and bottom-up from the practicalities of each site and of each technology.”
“The critical part is using highly efficient technologies which are vital to enabling the success of current and future sector coupling projects. Fuel efficiency is the number one factor that we, and our customers, pay attention to when validating the financial use-case viability for a zero emission hydrogen electric solution.”
“We have done our homework, and Loop’s eFlow™ was an easy choice, however our decision was based on more than technology alone. From the onset of our interaction, Loop’s entire team has gone the extra mile to help us navigate the technical details of this project.”