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Clean Power Hydrogen activates licensed partnership with Hidrigin

(Sharecast News) - Clean Power Hydrogen (CPH2) announced on Monday that it has activated its first licensed manufacturing partnership through the submission of a full manufacturing and design licence package to Irish renewable energy firm Hidrigin. The AIM-traded firm said the licence package would enable Hidrigin and its appointed partner, Jones Engineering, to begin preparations for production of CPH2's MFE220 electrolysers in Ireland.

It said the agreement was part of a 20-year, 2GW licence covering deployment of MFE units across Hidrigin's solar and wind projects.

"Activating our first licensee through the submission of this licence package to Hidrigin is a pivotal step in our commercialisation strategy," said Jon Duffy, chief executive officer of CPH2.

"Our licensing model allows us to scale quickly and efficiently while leveraging the strengths of local partners."

The submission included detailed process, mechanical, electrical and safety designs, a full bill of materials, and 3D layouts of the electrolyser and sub-assemblies.

Hidrigin expected to start construction in the fourth quarter of 2025, with the first electrolysers ready for deployment in 2026.

"Receiving the licence package from CPH2 is a major milestone in our mission to deliver green hydrogen," commented Eric Whelan, CEO of Hidrigin.

"The technical depth and clarity of the materials give us full confidence as we begin preparations with our partners at Jones Engineering."

CPH2 said the move advanced its capital-light strategy by enabling manufacturing through third-party licensees, rather than direct investment in production facilities.

The company said it expected further progress with additional partners over the rest of 2025.

At 1126 BST, shares in Clean Power Hydrogen were up 4.34% at 6p.

Reporting by Josh White for Sharecast.com.

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