McPhy entered into an agreement with U.S. company Ivys Energy Solutions, its partner in developing the SimpleFuel™ hydrogen refueling station, as the exclusive distributor for Europe. As a compact all-in-one station, it covers hydrogen generation, compression, storage and distribution for mobility.
La Motte Fanjas (France), 9 March 2017 – McPhy, the designer, manufacturer and integrator of hydrogen equipment for the energy, transport and industrial sectors, has announced the conclusion of a commercial agreement with Ivys Energy Solutions, to exclusively distribute the SimpleFuel™ hydrogen refuelling product in the mobility markets for Europe. Earlier this year the SimpleFuel™ team comprising of Ivys Energy Solutions, McPhy North America and PDC Machines worked collaboratively to develop a compact, on-site refueling solution to enable a new hydrogen infrastructure option.
SimpleFuel™ is a turnkey, compact and affordable refueling station. This genuine "energy hub” is a fully integrated hydrogen generation, compression, storage and dispensing system capable of delivering 5-10 kg/day at pressures up to 700 bar. In January of this year, the U.S. Department of Energy announced SimpleFuelTM as the winner of the $1 million H2 Refuel H-Prize Competition. The purpose of this competition, which was administered by the Hydrogen Education Foundation, was to promote the development of on-site affordable small-scale hydrogen refueling systems with the aim of accelerating the deployment of hydrogen infrastructure across the U.S. to contribute to the widespread adoption of hydrogen mobility. The compact physical footprint of SimpleFuel™ multiplies opportunities for its installation at all types of locations, even space-constrained: logistics platforms (forklifts), vehicle rental companies and other captive fleets, car dealerships, etc.
The product will be updated to meet the requirements of European norms and will be produced by McPhy at its plant in San Miniato (Italy) and distributed in Europe exclusively by McPhy.
"We are very pleased with the agreement that has been concluded with our U.S. partner, Ivys Energy Solutions. We have worked closely over the last two years on the technological and industrial development of this revolutionary hydrogen refueling station combining performance, affordability and accessibility. With SimpleFuel™, hydrogen is simple than ever. Easy to install, all-in-one and user-friendly, SimpleFuel™ will contribute to accelerate the deployment of hydrogen infrastructures. Our solution will in this way facilitate the widespread adoption of zero emission mobility while making possible to monetize renewable energy surplus", concluded McPhy's Chairman and CEO, Pascal Mauberger.
The launch in Europe of the SimpleFuel™ station will be unveiled tonight following the "Hydrogen, the missing link in Energy Transition” symposium at the BePOSITIVE trade fair to be held until 10 March at Eurexpo Lyon.
As a specialised supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen as a solution for achieving energy transition.
Through its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions tailored to client applications: renewable energy surplus storage and monetization, fuel cell car refuelling, raw material for industrial sites
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany). The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.
McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).
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