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November 13, 2006

Hydrogen Engine Center Signs MoU with ITM Power Plc

By Michelle Pasquerello, TMCnet Associate Editor


In an era where the energy industry is driven by the growth of demand, focusing on alternative energy sources such as hydrogen, are being sought after because not only is it a clean fuel, it’s economical and can diminish the need for oil.



 
In an effort to provide essential technology to convert low-value, intermittent, renewable energy (wind, solar) into a reliable, non-fossil energy supply, Hydrogen Engine Center, Inc., (HEC) announced that it has signed a Memorandum of Understanding (MoU) ITM Power Plc (ITM), an innovator of alternative energy sources in the UK.
 
HEC designs, manufactures and distributes alternative-fuel internal combustion engines for the industrial and power generation markets. Founded by Theodore G. Hollinger, formerly Director of Engineering at Ford Motor Company and Vice President of the Power Conversion Group at Ballard Power Systems, HEC produces engines that achieve the same fuel consumption costs as traditional gasoline engines.
 
For ITM, tapping HEC will will provide an early route to the provision of a complete system package using HEC's engine technology, using ITM's low-cost electrolyzer technology.
 
"Both ITM and HEC have been developing technologies over the past few years and are now ready to bring them to market. By combining HEC's hydrogen engines with ITM's new low-cost electrolyzer, customers will have access to turn-key hydrogen-fueled systems," said Ted Hollinger, President, HEC in a statement.
 
ITM Power intends to provide all aspects of the technology necessary to make the “hydrogen economy” a reality. ITM Power is working towards the development of low-cost and more efficient fuel cells and electrolysers, which can be used in a whole host of applications by using patented materials, system architecture and processing methods.
 
"We are delighted to be working with the team at HEC. I believe that the collaboration of HEC and ITM brings together complementary technologies that could provide significant commercial opportunities for both companies in the North American and European markets," said Jim Heathcote, CEO, ITM Power Plc.







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