Clean Power Hydrogen PLC (LSE:CPH2) has entered into a non-binding memorandum of understanding with Koch Modular Process Systems to explore the manufacturing and licensing of its Membrane-Free Electrolyser technology in North America.
Koch Modular, a subsidiary of Koch Industries with operations in New Jersey and Texas, specialises in the design and manufacture of modular mass transfer systems for the chemical processing sector. The collaboration will examine how CPH2’s hydrogen technology could be produced and deployed across the region.
The agreement spans 24 months and outlines a framework for evaluating technical, commercial and operational feasibility. This includes exploring opportunities for supply chain localisation, with the aim of potentially progressing to a binding agreement covering up to 100 MW of CPH2’s modular hydrogen systems across the United States, Mexico and Canada.
If formalised, the partnership could provide CPH2 with a significant entry point into the North American hydrogen market. By leveraging Koch Modular’s engineering expertise and manufacturing infrastructure, the company aims to accelerate the deployment of its patented hydrogen production technology across the region.
Despite the strategic potential of such partnerships, the company’s outlook remains weighed down by weak financial fundamentals, including minimal revenue, widening losses and continued cash burn that has reduced its equity base. Technical indicators currently show an upward trend and positive momentum, although a high RSI suggests the possibility of a near-term pullback. Valuation remains difficult to assess due to ongoing losses and the absence of dividend support.
More about Clean Power Hydrogen PLC
Clean Power Hydrogen PLC is an AIM-listed technology company developing proprietary Membrane-Free Electrolyser systems capable of producing high-purity hydrogen alongside oxygen of above medical-grade quality. The technology is aimed at decentralised hydrogen production markets such as wastewater treatment, curtailed wind power utilisation, data centre backup power, medical and life sciences applications, and heavy-duty transport.
Built on more than a decade of research and protected by a portfolio of global patents, CPH2 aims to deliver hydrogen production with a lower lifetime levelised cost. Its modular systems are designed to improve reliability and reduce operating costs for industrial and infrastructure users seeking low-carbon energy and oxygen supply solutions.
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