Dutch-based HyET Hydrogen has entered into strategic partnerships with Shell Technology Ventures BV (STV) and the Platinum Group Metals Investment Programme of Anglo American Platinum.
Each party has acquired a minority share in HyEt Hydrogen having been attracted by the breakthrough electrochemical hydrogen (H2) compression and purification technology that HyET has developed. The technology may lead to an acceleration in the transition to a H2 based energy economy.
“We have high expectations of the strategic partnerships with STV and Anglo American Platinum”, says Rombout Swanborn, CEO and Co-Founder of HyET Hydrogen. “We believe that with the support of these partners – both of which are well established in the supply and demand side of the H2 market – we can more easily create and accelerate awareness and acceptance of our new technologies that can reduce the costs and increase the reliability of production and storage of high pressure H2 compared to traditional methods.”
Swanborn added that HyET and Shell Hydrogen have agreed in the wake of the above transaction to initiate a cooperation that aims at developing H2 compression equipment specifically suited for low cost/high reliability public Hydrogen Refuelling Stations (HRS).
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