German hydrogen storage startup Hydrogenious Technologies is one of platinum miner Amplats investments and forms part of the miner’s commitment to support early stage technologies and innovative industrial applications that use or enable the use of platinum group metals.
The system features various new technologies, including a polymer electrolyte membrane (PEM) electrolyzer that generates hydrogen using solar power and a hydrogenious ‘StorageBOX’ that uses the innovative liquid organic hydrogen carrier (LOHC) technology to enable storage without any losses for extended periods of time.
With the first demonstration of the LOHC technology on a commercial scale, Hydrogenious Technologies proves its technology leadership in the area of hydrogen storage. This achievement has recently been recognized with Hydrogenious Technologies having been awarded with the prestigious German Industry Innovation Award.
Hydrogenious Technologies’ manufacturing plant in Erlangen, Germany, was formally inaugurated at an event attended by key government and business officials in the country.
“We are hugely proud of what Hydrogenious Technologies have been able to achieve in what has been a rather short space of time. The inauguration laid the pathway for the first commercial deliveries and a growing order book,” says Amplats executive head of marketing and a shareholder in Hydrogenious Technology Andrew Hinkly.
Entering the USA
Meanwhile, Hydrogenious Technologies recently signed a deal with United Hydrogen Group (UHG), a hydrogen distribution company based in the USA, to supply two LOHC systems, one StorageBOX and one ReleaseBOX.
The technology will increase delivery ranges and decrease the operating costs of hydrogen logistics for UHG.
Further, the agreement enables Hydrogenious Technologies to enter the USA market, which represents over 50% of the global hydrogen market, and will catalyse the rollout of hydrogen refuelling infrastructure for fuel cell electric vehicles (FCEVs.)
Hydrogenious Technologies CEO Daniel Teichmann said, “The USA is the world’s largest market for merchant hydrogen. As the transportation distances are so long, hydrogen logistics companies incur significant costs for hydrogen transportation. Hydrogenious’ safe and efficient LOHC technology turns even long-distance hydrogen transport into profitable business.”
Anglo American Platinum invested in Hydrogenious Technologies’ first financing round in 2014. The developments to date demonstrate the progress they have made in furthering product development and commercialisation.