Loop Energy, BayoTech to accelerate deployment of H2 vehicles and fueling infrastructure

With the shared goal of accelerating the transition to cost-effective, zero-emissions commercial vehicle and power generator technologies, Loop Energy and BayoTech (a sponsor of H2Tech’s H2Tech Solutions conference in May) have entered a joint market development agreement for the deployment of hydrogen vehicles and hydrogen fueling infrastructure. The collaboration aims at reducing the complexity of adopting hydrogen electric solutions by providing fleet operators with clear and actionable strategic direction in respect to fuel cell powered vehicles and hydrogen fuel infrastructure.

The collaboration aims at reducing the complexity of adopting hydrogen electric solutions by providing fleet operators with clear and actionable strategic direction in respect to fuel cell powered vehicles and hydrogen fuel infrastructure.

Under the agreement, Loop and BayoTech will collaborate on development of market opportunities for deployment of vehicles manufactured by Loop's OEM customers in combination with on-site hydrogen generation infrastructure provided by BayoTech. The initial scope of such market development activities is further centered around the vertical markets of materials handling, warehouse and port logistics, including drayage; transit and coach bus service; urban delivery services; and stationary power applications.

The initiative forms an integral part of Loop's Total Customer Care strategy aimed at combining a full portfolio of industry leading hydrogen fuel cell modules with a 360-degree hydrogen ecosystem of integration service providers, component suppliers and fueling solutions to help accelerate time-to-market and reduce product launch burdens for Loop's OEM customer.

The agreement further supports BayoTech's objective of offering fleet operators a clear path to market leading cost of ownership based on the company's unique on-site hydrogen production solution, fuel efficiency and performance of the vehicles powered by Loop's eFlow technology.

"Fleet operators are facing increased pressure to transition to zero-emissions and our partnership with Loop Energy creates an ecosystem that removes many of the barriers to adoption of hydrogen fuel cells as a solution," said Stewart Stewart, Chief Commercial Officer at BayoTech. "Both Loop and BayoTech are focused on enabling the lowest cost of ownership solutions to the fleet operator customers. We look forward to building on the foundation of this important strategic partnership as we continue to work together towards mass-market adoption of hydrogen fuel cell technologies."