Through its 50/50 joint venture (JV) with GE Vernova, Montana Technologies is commercialising AirJoule® atmospheric water generators that draw water from both humid and arid atmospheres, producing water, conditioned air and cooling.
The MoU between CIC and Montana Technologies represents a further step in CIC’s path to securing the supply chain for the development and production of its innovative renewable hydrogen production modules in Australia. The announcement also supports CIC’s intention to develop two 10 GW renewable hydrogen projects utilising the proprietary technology in central Australia, followed by other locations globally.
Each of CIC’s modular hydrogen production units contains solar panels, atmospheric water generators, electrolysers and supporting infrastructure, enabling each unit to produce renewable hydrogen entirely off-grid. The integration of the AirJoule® atmospheric water generators into the technology allows hydrogen to be produced almost anywhere that has a high sun exposure – including the world’s deserts. CIC intends to manufacture the hydrogen production modules in Australia, in alignment with the Australian Government’s Future Made in Australia policy.
CIC Chairman and Co-Founder, David Green, commented on the announcement: “A successful energy transition cannot be achieved in a silo. That’s why we believe in establishing strong partnerships with companies that share our same objective. Our partnerships with Montana Technologies and GE Vernova will play a key role in unlocking a competitive US$2/kg production price for renewable hydrogen. Montana Technology’s atmospheric water generator technology significantly benefits from GE Vernova’s globally leading R&D facility – which is the kind of innovation that is urgently needed in addressing the climate crisis. Through these agreements, we want to revolutionise hydrogen production, enabling hydrogen to be produced not only at a competitive price, but in a range of locations.”
Matt Jore, CEO of Montana Technologies, added: “Our goal is simple – effectively address the ongoing climate crisis by utilising the Earth’s natural water cycles as a renewable resource. 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. Like CIC, we believe that strategic partnerships are essential in making a meaningful contribution to climate change. We are delighted to be working in collaboration with CIC on optimising their renewable hydrogen production modules to enable better global climate outcomes.”