HyGear will supply its hydrogen recycling technology to one of the world’s leading glass makers under a 10-year Gas-as-a-Service agreement.
The long-term contract will be utilized to collect waste gases from the glass manufacturing process, such as hydrogen. The gas recovery system from HyGear is capable of recovering used gases, cleaning them to a production-grade standard, and reintroducing them into the manufacturing process.
Due to the increased rate of atmospheric refreshing, this strategy cuts costs and enhances product quality while also being more environmentally friendly. The pay-per-use deal, worth roughly $1.6 million in total income over the 10-year term, was signed following the successful validation of gas quality at two flat glass manufacturing sites in Germany.
HyGear secured a similar agreement with Obeikan Glass Company in February for $1.2 million in total income, with delivery expected later this year. Additionally, the business thinks that its recent deployments would enable it to accelerate the adoption of its generation and recovery technologies within the glass industry.
Marinus van Driel, President of Xebec Europe, said, “It was a great opportunity to partner with an established glass manufacturer to develop this system and demonstrate that our hydrogen recycling technology can contribute to the circular economy. This long-term contract demonstrates their confidence in our ability to create value in monetary terms and reduce the environmental impact, which is key to environmentally responsible companies.”
