Australian Hydrogen Refueling Network

April 20, 2021

Real Energy Corporation Limited’s 100%-owned hydrogen division Pure Hydrogen Corporation and Hyzon Motors Australia Pty Ltd, a wholly-owned subsidiary of US-based Hyzon Motors Inc have signed a Memorandum of Understanding (MoU) to collaborate on the development of a network of hydrogen refuelling points in Australia and the integration of a ‘wet hire’ of Hyzon’s vehicles to customers .

This MoU is the framework for how the Hyzon and Pure Hydrogen businesses agree to collaboratively work together to provide hydrogen solutions to end users, which will likely be fleet customers. This may include referring potential customers and collaboratively working to develop a network of hydrogen refuelling points.

Pure Hydrogen and Hyzon have also agreed under the MoU to work on a ‘wet hire’ option where potential customers will secure Hyzon’s vehicles as part of a package that includes the vehicle’s cost, scheduled services and hydrogen fuel as part of one monthly payment.

This MoU with Pure Hydrogen paves the way for both parties to boost the hydrogen infrastructure capabilities of Australia and propel the nation’s fleet operators towards a zero-emission future.

Real Energy is an Australian east coast focused energy company with interests in the Cooper Basin, Australia’s most prolific onshore producing petroleum basin, and the Surat Basin in Queensland. The Company is also looking to develop a hydrogen business in Australia.