Sunday, September 29, 2024

Xebec Announces PSA Supply Agreement with Haffner Energy for Cost-Effective Green Hydrogen Production

Xebec Adsorption Inc., a global provider of sustainable gas technologies, is pleased to announce that it has signed an agreement to supply its proprietary Pressure Swing Adsorption (“PSA”) technology to support the deployment of Haffner Energy’s (PA: ALHAF) HYNOCA® solution. HYNOCA® is a unique and cost-effective technology for decarbonizing and producing green carbon negative hydrogen and renewable gases by thermolysis of biomass. Pursuant to this agreement, an initial multi-million Euro purchase order for 8 standardized PSA units was signed for delivery in 2023. This contract showcases Xebec’s continued global hydrogen leadership and represents one of the largest contracts in absolute dollar value Xebec has received to date for hydrogen PSAs.

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“We are excited to be working with a leader like Haffner Energy as we collectively progress towards a lower carbon future utilizing cleaner hydrogen”

This agreement establishes a mutually beneficial partnership between Haffner Energy and Xebec which is aimed at accelerating the efficient production of green hydrogen while creating local economic benefits and contributing to the circular economy.

“We are delighted with this new collaboration with Xebec, as PSA is the most important technology to guarantee the purity of hydrogen. The quality of its technology combined with its references led us to choose Xebec. This is a decisive step for HYNOCA®. It affirms its position as an immediate and competitive solution to produce super green hydrogen,” said Philippe Haffner, CEO and Chairman of Haffner Energy.

“We are excited to be working with a leader like Haffner Energy as we collectively progress towards a lower carbon future utilizing cleaner hydrogen,” stated Mike Munro, Chief Operating Officer of Xebec Adsorption Inc. “Haffner has developed a unique process that is enhanced by our PSA technology to produce green hydrogen at a lower cost and emission profile than other methods. We need a variety of solutions as we tackle the broader energy transition and it’s great to see Xebec’s products utilized in these emerging applications.”

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