PH2
Pure Hydrogen power unit. Source: PH2
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Pure Hydrogen (PH2) is releasing a zero-emission, portable electricity power unit called POWER H2
  • In conjunction with its minority partner H2X Global, the company released units with 5 kilowatt (kw), 20kw, 50kw and 100kw capacities that each use hydrogen as fuel
  • Pure Hydrogen is also working with industrial users to supply back-to-back fuelling solutions, off-take agreements and vehicle supply
  • The Australian company said the products will be available for purchase starting 2022 with a customer base currently being engaged
  • Pure Hydrogen shares jumped 10.8 per cent to 46 cents per share

Pure Hydrogen (PH2) has released a zero-emission, portable electricity power unit called POWER H2.

In conjunction with its minority partner H2X Global, the company released units with 5 kilowatt (kw), 20kw, 50kw and 100kw capacities that each use hydrogen as the only fuel to generate electricity.

The Australian company said the products would be available for purchase starting in 2022, with a customer base currently being engaged.

Pure Hydrogen is also working with industrial users to supply back-to-back fuelling solutions, off-take agreements and vehicle supply.

According to PH2, the clean power unit can be used for various purposes including backup power and/or supply to power mobile communication towers, farms, businesses, hospitals, households and mine sites.

“The Power H2 units have at their heart hydrogen fuel cells and powertrain that have been developed over several years,” Managing Director Scott Brown said.

“The Power H2 units demonstrate H2X’s ability to bring hydrogen-powered products to market successfully given their strong technology skills and established manufacturing and logistics supply chain which helps to bring products to market efficiently.

“Their technology is at the forefront of the hydrogen revolution and it is great to see it being implemented commercially”.

Pure Hydrogen shares have raised 10.8 per cent to 46 cents a share at 11:43 am AEDT.

PH2 by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…