In Canada, Loop Energy and MYNT First Element announced a strategic partnership for manufacturing of hydrogen electric power generators. Under the agreement, Loop Energy’s hydrogen fuel cell modules are integrated into MYNT’s lineup of Purple H2 generators. The Purple H2 is designed to provide a clean energy alternative solution to diesel generators in base load applications for mining, industrial and construction clients. The agreement was signed after a successful market introduction of the Purple H2 product line in the first quarter of 2023. MYNT is planning 3 trials in the second half of 2023 in Queensland and New South Wales. With the first units of the generators already in production, MYNT expects customer demand to significantly increase over the next two years in the Australian market.
