GREY:XEBEQ - Post by User
Comment by
Ciaoon Jun 23, 2021 8:31am
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Post# 33433233
RE:RE:News out
RE:RE:News outOne can always look up the market price for a KG of hydrogen and do the math. It may not be a significant contract for XBC in terms of rev, but is for HyGear. This is many times larger than the previous contract.
More so, this is a technical achievement for HyGear and establishes them as being able to scale up on-site hydrogen generation for larger capacities at higher and sustained pressures and makes their process suitable for hydrogen refueling stations.
“This was a significantly large sized project for us and a unique one to be involved in within our reference installations. TAYRAS’ re-refinery shows the importance of securing local supply and reducing the carbon footprint of oils through recycling. Our on-site hydrogen offers the lowest cost and emissions option by cutting out the transportation and liquefaction steps from centralized hydrogen supply. In addition, we were able to showcase our expertise in compression by operating at an impressive 125 bar on a 24/7 basis. This level of operation will lend well to other applications such as hydrogen refueling stations where this pressure and reliability is also needed,” said Marinus van Driel, President of Xebec Europe. Fislan wrote:
No information on deal value. Perhaps they are skittish given the underwhelming numbers in the last deal PR.