Climate Impact and Purus Marine announce MOU to develop fully net-zero renewable hydrogen supply

Climate Impact and Purus Marine announce MOU to develop fully net-zero renewable hydrogen supply

Climate Impact Corporation (“CIC”), a renewable hydrogen developer has today announced an agreement with Purus Marine (“Purus”), a global leader in low-carbon shipping, to develop a net-zero shipping pathway for CIC’s renewable hydrogen fuels. The announcement represents a significant step in creating an end-to-end, truly net-zero hydrogen product.

The partnership would enable the global transport of renewable hydrogen developed by CIC’s modular hydrogen solution, which has been designed to produce affordable, sustainable, and reliable energy. With secured hydrogen demand in the Asia-Pacific and Europe supporting the development of CIC’s two 10GW projects in Australia, a partnership with Purus’ innovative low-carbon shipping capability would enable these fuels to be one of the most sustainable fuel options on the market, operating at net-zero when accounting for carbon offsetting.

CIC Chairman David Green said the agreement was critical in creating a hydrogen product that truly met the ambitions of energy and derivatives customers.

Mr Green said,

Demand for renewable hydrogen is powered by a desire for zero-carbon fuels, but traditional products by other producers don’t measure transport emissions when claiming to produce a truly green hydrogen product,

“Through this agreement with Purus, we’ve further secured a renewable-powered integrated supply chain that’s a game-changer in helping achieve our customers’ net-zero goals.”

Mr Green underlined that affordability was at the core of both partners’ approach to shipping renewable hydrogen.

Mr Green said,

Every decision we’ve made in building our modules and securing a supply chain at scale is designed to achieve a US$2/kg price for our renewable hydrogen,

“Purus’ innovation in sustainable shipping, adopted alongside these technologies, allows us to maintain this focus without sacrificing affordability.”

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