Australia-based Pure Hydrogen Corporation has announced it has entered an arrangement with Pepsi Co Australia to trial a hydrogen-fuel cell powered prime mover at one of PepsiCo’s manufacturing sites in Brisbane.
Pure Hydrogen says it will supply Pepsi Co with a 6 x 4 160kW Hydrogen Fuel Cell Prime Mover. The company said it will also provide additional hydrogen fuel as required, including refueling along with arranging repair and maintenance services.
The trial will commence in the second quarter next year and will run for approximately six months. Following the trial Pepsi Co will assess the commercial use-case with the potential to order further hydrogen powered vehicles over the period 2023-25.
The Pepsi Co trial marks the latest in a number of trials that Pure Hydrogen is undertaking in the domestic marketplace.
Its other trial partners include JJ Waste & Recycling, which is scheduled to trial Australia’s first hydrogen fuel cell refuse truck. Pure Hydrogen says the trial will also form part of its broader market strategy to demonstrate the commercial use-case of affordable hydrogen and hydrogen fuel cell vehicles.
Pure Hydrogen says it is working to establish itself as not only a supplier of hydrogen-fueled trucks, buses, hydrogen generators and storage pods, but also as a supplier of hydrogen fuel.
Under the Term Sheet framework, Pure is expected to receive $98,400 (excluding GST over the trial term of six months with a minimum amount of $17,400 excluding GST) for the supply of the single HFCV Prime Mover.
If the trial is successful, the Term Sheet gives PepsiCo an option to lease the Hydrogen Prime Mover from Pure Hydrogen at monthly fee of $10,554.40 excluding GST over a potential 7-year term.
Pepsi may choose to keep the truck at the end of the trial; if that is the case, and will be responsible for the truck and payments for it. If Pepsi chooses not to take the truck at the end of the trial, Pure will use the truck with another potential customer.
Pure Hydrogen said it expected the net cost of the initiative will be about $410,000 for the trial, which if successful believes it will create a growing hydrogen clean energy market.
