Clean Power Hydrogen Plc announced that it has entered into a purchase order with ATOME Energy plc ("ATOME") for the sale of a 1MW MFE220 electrolyser unit to be delivered at the end of this year and deployed in ATOME's Paraguay mobility project. In addition, CPH2 and ATOME have entered into non-binding letters of intent confirming the parties' mutual intentions to collaborate in respect of potential future orders of electrolyser units for ATOME's international hydrogen and ammonia projects and to investigate and discuss a potential joint venture for the future production of electrolysers in country to serve the Latin American market using CPH2's technology and know-how. ATOME has confirmed that it expects that further orders will follow in due course.

CPH2's MFE220 product runs with 1MW of input power and is capable of producing 450kg/day of high purity green hydrogen. The MFE220 is designed around the principle of being simple to build, operate and maintain. The Company's MFE440 product, which is in the final stages of concept design and layout, will operate on 2MW of input power and will be capable of producing 900kg/day of green hydrogen.

The MFE electrolyser unit is designed to be 'plug and play' with any end user required only to provide the relevant hard standing pad, electricity and water supply. CPH2's MFE technology has many benefits including increased uptime and efficiency, reducing risk of failure and downtime for maintenance and reduces production costs. Other benefits include cryogenic separation of the gasses, absence of rare materials, and the use of potable water as its feed product, removing the requirement for any pre-treatment.

The MFE also uses a simplified stack which enables a simple and shortened production process, reducing cost, parts and maintenance, offering a 25-year warranty on the stack. The MFE is scalable, easily transported and assembled in the required scale and specification for the end customer. This first unit for ATOME's Mobility Division will be based within the region of Asuncion, the capital of Paraguay, with commencement of production planned before the end of First Quarter 2023,and which is anticipated to be the first commercial production of hydrogen for transport in Paraguay.