The companies will enter a commercial cooperation in the Backup Power, Off-grid, ad Mobility market segments. The common goal is to develop the initial high volume markets in China, to replace diesel generators and make commercial electric vehicles more independent from charging infrastructure.
Siqens has developed key technology to charge batteries and replace diesel or gasoline generators with a clean and reliable power source and is planning to expand its product platform towards higher power fuel cells to break into other application areas such as electric vehicles and utility scale power farms. The patented technology is unique as it is running on industrial grade methanol, a globally available carrier for hydrogen. Methanol offers significant cost advantages and is widely recognized as one of the leading carbon neutral fuels of the future.
SimplyHydrogen, a Shanghai based market player in the hydrogen and fuel cell segment experienced in market development, sales, and service, and Siqens, German developer of the Ecoport HT-PEM methanol fuel cell product platform, will explore the opportunities for collaboration, investment and joint market development activities in China and internationally.
SIQENS, founded in Munich in 2012, develops and produces methanol fuel cells. The devices are used as an alternative to diesel generators and are used for backup power, as well as in locations without a fixed connection to the power grid.
The SIQENS fuel cell system, the Ecoport, runs on liquid methanol. Inside the Ecoport, hydrogen is derived from the methanol. The hydrogen then reacts with oxygen to generate electrical energy. The Ecoport is connected to a battery and automatically recharges it as needed. Connected electrical devices are supplied directly from the battery. Thanks to patented circuits for the recovery of process media and energy, the system runs exceptionally efficiently.
In contrast to diesel generators, fuel cells are economical, require hardly any maintenance and emit neither particulate matter nor nitrogen oxides, in addition to significantly reducing CO2 emissions. And with methanol from renewable sources, operation is completely climate-neutral.
Learn more about SIQENS fuel cells.