Australian-based H2i Technology has today (August 2) announced it has manufactured the first 10 commercially-ready hydrogen injection kits for diesel engines.
Set to be deployed for run field testing with potential customers over the next six months, the units are based on H2i-developed hardware and proprietary software to manage the injection of hydrogen into diesel engines which it says can significantly reduce emissions and fuel costs.
Currently running final tests and calibrations, which it expects to be completed in the next two-to-four weeks, H2i plans to execute trials with five potential customers across steel manufacturing, agriculture, construction, mining and hospitality and tourism.
Earlier this year (2023), the company said four of the five companies were based in Australia with the other in the Middle East.
According to H2i, commercial trials showed the technology can be retrofitted onto an engine to extend its operational life, reducing emissions by up to 30%, decreasing particulate matter by 50%, cutting fuel costs by up to 20% and optimising efficiencies.
“This is an important step forward for H2i Technology,” said David Vinson, Chairman of H2i. “With potential customers from major industries already engaged, the company is on track to secure its first revenues and deliver strong growth over the next six months.”
Vinson added, the company is confident it will be able to convert the field test agreements into sales contracts and that it can commercialise the technology.
“We believe we can achieve commercialisation quickly as the companies we are speaking with are looking for a cost-effective, right now solution to meeting the increasingly stringent carbon emission requirements – our hydrogen enhancement system delivers on his,” he said.
Additionally, the H2i Chairman said the company’s pricing model for the technology is built off a 1.5-year return on investment from fuel savings.
In August last year (2022) H2i launched a Series B Capital Raise via the online platform VCEX to fund the delivery of its commercial prototype.
Extracted in full from: H2i Technology manufactures first 10 hydrogen injection kits for diesel engines (h2-view.com)
