Norway’s Hexagon Purus has logged its position as one of the leading compressed hydrogen storage solution providers in the market, supplying a range of applications from buses and trucks to distribution and transport systems.
In March (2023) the company announced it had received an investment of NOK500m ($47m) from Mitsui and signed a Memorandum of Understanding (MoU) for additional investments of up to NOK1.5bn ($142m) in the coming years, making the Japanese corporation a long-term strategic partner and seemingly secured Hexagon Purus’ leading position.
Its main driver is to help facilitate the transition to zero-emission technology across markets, and as with many heavy-duty use cases, maritime is proving an alluring sector.
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