MMEX Resources Corp. signed an MOU and FEED study with Siemens Energy for the production of green hydrogen in Pecos County, Texas.

"This MOU and FEED study mark the first steps between MMEX and Siemens Energy in the planned development of sustainable green hydrogen  production at the MMEX Pecos County, Texas site location," said Jack Hanks, CEO of MMEX. "Under the MOU, MMEX has signed with Siemens Energy to develop first the front-end engineering and design for development of the electrolysis facility and then to provide the EPC function to build the electrolyzer complex. Our FEED study with Siemens is focused on bringing the cost of producing Green Hydrogen from electrolyisis of water to be competitive with Blue Hydrogen from steam methane reforming of natural gas to advance the Hydrogen Economy in the U.S."

The FEED study centers around the EPC supply and installation of Siemens Energy proprietary Silyzer 300 electrolyzers line.  This is planned to allow the Pecos County project to produce up to 50 t per day of green hydrogen as one of the first in class hydrogen projects in the United States.. This complex is  designed to implement up to 175 MW of solar power to power the facility.