An option for a hydrogen fuel cell technology from Clean Vision Corporation is the next step in demonstrating the ability to store the clean hydrogen produced from its pilot pyrolysis plant, which is expected to lead toward full-scale commercialization.
As part of its agreement with the Indian Institute of Chemical Technology, the company plans to customize this advanced fuel cell for installation in its Hyderabad pyrolysis pilot plant (IICT). As a valuable byproduct, Clean-Seas’ waste plastic-to-energy conversion technology now generates hydrogen, increasing the economics of the process.
Clean-Seas expects that this fuel cell will allow them to provide a complete end-to-end solution, converting plastic waste to energy and supplying clean electricity to a final consumer. In the $125 billion hydrogen economy, Clean-Seas has a disruptive advantage thanks to its pyrolysis and fuel cell technologies. In March, a pilot plant will be installed in Hyderabad.
As a result, Kingsberry Power, which developed and patented the fuel cell technology over a 12-year period using $10 million in grants from the US and state governments, has licensed the technology to Clean Vision. The company expects to convert its option into a license agreement following its preliminary R&D and collaboration with Kingsberry to adapt the fuel cell for electricity produced by its pyrolysis plant.
When Clean Vision commercializes the IP as an integral component of its pyrolysis plants, licensing fees to Kingsberry are heavily weighted to the IP’s commercial revenue and profitability when the Clean-Seas Plastic Conversion Network builds pyrolysis plants around the world (PCN).
Using a waste stream that falls somewhere between green and blue hydrogen, Clean Seas’ Hyderabad plant will be able to produce AquaHTM, its own brand of clean hydrogen. For more information, see this link. A $125 billion hydrogen generation market is expected to grow to $184 billion by 2028, making Clean Vision an early entrant in the market.