Loop Energy, the Vancouver based energy company, announced this Tuesday the singing of a strategic agreement with Morello Giovanni S.r.l. for the electrification of heavy-duty material handling equipment.
Firstly, the agreement anticipates Loop supplying Morello with its eFlow technology, which are fuel cell modules for the integration onto Morello’s hydrogen electric heavy-duty tractors. These tractors are specifically engineered for the handling of extra heavy loads inside industrial plants.
Secondly, the agreement contemplates the design and manufacture of these electric tractors fueled by hydrogen. The two companies expect to finish the construction and development of these solutions within 2021’s first half.
The construction and development of 10 heavy-duty tractors, powered by Loop’s fuel cells will follow for the next 18 months, onto 2022.
In addition, this is not the first effort of Morello for the electrification of its signature tractors, which can operate with up to 1000 tons of load. In fact, the company successfully designed and launched a battery-based electric version of its industrial vehicle.
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Loop Energy to provide for Morello with key strategic solution
On the other hand, Loop Energy has quickly gained a portion of the market, with its eFlow fuel cell modules. Specially in Asia, Europe and North America. The eFlow technology has market-leading characteristics like fuel efficiency and easy integration.
Consequently, for Ben Nyland, Loop Energy CEO, “eFlow is a perfect match to support the critical mission Morello has; specifically, in the development of its zero-emission electric solution. We are very proud to be selected as a supplier of their hydrogen fuel cell solutions for these amazing machines.”
Moreover, he remarked. “Our partners at Morello have decades of experience designing and also building material handling vehicles for some of the world’s roughest applications.”
Finally, for Amadeo Morello co-owner, “Hydrogen is the final piece of the puzzle; we are excited about working with Loop to combine the benefits of our battery solution with Loop fuel cells; to provide our customers with a product that delivers superior operating duration and also a much faster refueling time.”
Finally, “by electrifying our heavy-duty material handling vehicles, using fuel cells, we can provide customers with an environmentally friendly electric option; one that offers improved performance, with lower operating costs.”