Lion, Censtar to explore hydrogen refuelling solutions in Australia
MOU signed to jointly explore opportunities in testing and operating Censtar hydrogen dispensers and related equipment in Australia.
Lion Energy Limited, as part of its green hydrogen production strategy, announced the execution of a Memorandum of Understanding (MoU) with the Censtar Group to explore opportunities in testing and operating Censtar equipment for hydrogen filling stations in Australia. The MOU is for an initial term of one year.
Established in 1997, Censtar is the largest manufacturer of gas station equipment in China and is leading the way in hydrogen refuelling infrastructure, with 19 hydrogen stations already built and operating, according to a company’s press release.
“We will start by assisting Censtar obtain relevant regulatory approvals for their hydrogen refuelling and related equipment in Australia. Lion believes that the demand for such equipment will be significant and believes that developing relationships to secure preferential supply to support Lion’s Green Hydrogen strategy makes a lot of sense,” said Lion’s Executive Chairman, Tom Soulsby.
The signing of the MOU forms part of "Stage 2" of Lion's Hydrogen Strategy as announced on 7 May 2021.
