Powerhouse Energy’s unique hydrogen production technology is set to be utilised outside the UK by Hydrogen Utopia (HUI) with the signing of a binding collaboration agreement today (Oct 7).
The agreement will see the two groups pursue the development and implementation of distributed and modular production pf hydrogen and power from waste materials on a commercial basis.
This will include locations such as Poland, Greece and Hungary and will benefit both parties’ interests in these nations.
James Greenstreet, Non-Executive Chairman of Powerhouse Energy Group, said, “Powerhouse is pleased to sign this collaboration agreement with HUI which is championing our technology across Europe and potentially the rest of the world.
“This agreement provides a framework for us to move forward with projects with Hydrogen Utopia and will help to deliver our long-term vision for DMG® technology to be deployed internationally, helping the world transition to clean energy whilst providing a solution to end-of-life plastic.”
Aleksandra Binkowska, CEO of Hydrogen Utopia International, said, “We are delighted to have formalised Hydrogen Utopia’s collaboration agreement with Powerhouse for all territories outside the UK.
“We continue to use our networks and relationships across Europe and the rest of the world to look to secure project approvals, finance and technical expertise to facilitate the deployment of DMG® technology.
“Our mission remains to accelerate the development of a circular and net zero carbon economy in Europe and potentially the rest of the world.”
US DOE, General Motors, Microsoft and Plug Power
What does the US Department of Energy (DOE), General Motors, Microsoft and Plug Power have in common? They’re all speaking at H2 View’s North American Virtual Hydrogen Event in October. Will you be joining us on October 19?
North America is in a prime position to lead efforts in decarbonisation, but it still has great distances to travel. The region has been giving chase in a race to green hydrogen dominated by Europe and Asia-Pacific. If policymakers and industry can work together and take the right steps to realise a hydrogen vision, the region is perfectly placed to expand its global energy leadership at scale and speed.
What lessons can be learned from Europe’s policymakers? What are the challenges to be overcome? What are the strengths and opportunities? How can North America go from giving chase to taking a lead in hydrogen? These are all questions our virtual event will address across H2 View’s four pillars of Mobility, Power, Policy and Technology.
Further information on the event, agenda and confirmed speakers can be found here.
To book your virtual delegate pass, click here.