The collaboration will enable the companies to supply equipment and technology to produce hydrogen from waste with a negative carbon footprint at less than half the cost of electrolysis.
The new agreement formalizes the collaboration and provides a one-stop experience for potential customers. KPE and OMNI will co-market OMNI's patented technology. They will exclusively collaborate with each other to provide an integrated modular solution for converting a wide variety of minimally prepared wastes to hydrogen, while capturing CO2 for subsequent use or sequestration. Biomass-fed projects will fall outside of the scope of the agreement.
"This agreement formalizes the close relationship OMNI enjoys with KPE. It provides seamless integration of OMNI’s GPRSTM units, developed over more than a decade at a cost of over $400 MM, with downstream unit operations by KPE to convert the syngas to hydrogen," said Marc Bacon, president and chief operating officer, OMNI. "We are thrilled to work with KPE in the new circular economy to reduce methane emissions from municipal solid waste (MSW) and other wastes by providing a one-stop, low-cost, and low-risk solution."
"The partnership between KPE as an industry-leading EPC with a ground-breaking technology provider such as OMNI embodies the type of collaboration that will bring green hydrogen to fruition," said William E. Preston, president and chief operating officer, KP Engineering. "This agreement solidifies an already highly efficient working relationship between KPE and OMNI, and will bring to market a cost-effective, zero- and even negative-carbon emission option for producing green hydrogen."