Climate Impact Corporation (CIC), developer of renewable energy and green hydrogen projects, has signed a Memorandum of Understanding (MOU) with Montana Technologies Corporation to collaborate on the development of CIC’s innovative renewable hydrogen production modules.
The partnership will incorporate Montana Technologies’ AirJoule atmospheric water generators into CIC’s modular hydrogen production units. This integration allows for hydrogen production in areas with high sun exposure, including deserts.
Montana Technologies is working through a 50/50 joint venture with GE Vernova to commercialise the AirJoule technology, which can extract water from both humid and arid atmospheres.
CIC intends to manufacture the hydrogen production modules in Australia, aligning with the Australian government’s Future Made in Australia policy.
CIC has announced plans to develop two 10GW renewable hydrogen projects in central Australia, utilising their proprietary technology.
These projects will be followed by similar initiatives in other global locations.
Each of CIC’s modular hydrogen production units is designed to operate entirely off-grid, incorporating solar panels, atmospheric water generators, electrolysers, and supporting infrastructure.
David Green, CIC Chairman and Co-Founder, emphasised the importance of partnerships in achieving a successful energy transition.
He stated: “Our partnerships with Montana Technologies and GE Vernova will play a key role in unlocking a competitive US$2 per kilogram production price for renewable hydrogen.”
Matt Jore, CEO of Montana Technologies, expressed enthusiasm for the collaboration, highlighting their shared goal of addressing the climate crisis.
He noted: “Our globally patented transformational AirJoule technology allows for the highly efficient extraction of water from the atmosphere, which is a key element of CIC’s renewable hydrogen production modules.”
This partnership represents a significant step forward in renewable hydrogen production technology.
By combining CIC’s innovative modules with Montana Technologies’ atmospheric water generation capabilities, the collaboration aims to revolutionise hydrogen production, making it both cost-competitive and geographically flexible.
The integration of these technologies could potentially overcome traditional barriers to renewable hydrogen production, particularly in water-scarce regions, and contribute to global efforts to address climate change through sustainable energy solutions.