TYCROP and Loop Energy announce being selected to provide a hydrogen electric solution for the global supply chain leader DP World pilot project to decarbonize its rubber-tired gantry cranes (RTGs) fleet at the Port of Vancouver. The design and manufacturing of DP World's RTG pilot project is led by TYCROP Manufacturing Ltd, a leading industrial manufacturing and engineering company headquartered in Chilliwack BC, and brings together a consortium of companies in British Columbia's burgeoning hydrogen sector, including Loop Energy as fuel cell supplier and HTEC for hydrogen fuel supply. With 1,500 RTGs operating globally, DP World is one of the world's largest port operators with over 80 terminals across 40 countries.

DP World has committed to cut CO2 emissions from its global operations by nearly 700,000 tons over the next five years and net zero carbon enterprise by 2050, which includes replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels. With RTGs accounting for as much as 50% of shore-segment carbon emissions, DP World views development of a carbon-neutral solution for this segment of its operations as a critical component to achieving its overall decarbonization strategy. DP World's rubber-tired gantry crane will be fitted with a TYCROP-designed dual fuel system powered by two of Loop Energy's T505 fuel cell systems. The pilot project will see DP World's first RTG powered by hydrogen fuel cell systems put into operation at the Port of Vancouver.

The RTG pilot is expected to begin operation in Second Quarter 2024, and will be used as a demonstrator to scale the electrification across the organization's global fleet in subsequent phases. Rubber-tired gantry cranes have a unique set of operating requirements that makes hydrogen fuel cells the viable pathway for achieving zero emissions, in a way that is not achievable by diesel-electric hybrid solutions. Hydrogen is refueled quickly, allowing no compromise on their all-day operating hours, and fuel cells can operate efficiently and reliably under different weather conditions and power requirements.

DP World has chosen to conduct the pilot at the Port of Vancouver not only because the region is a hotbed of fuel cell and hydrogen companies, but also for the regional business ecosystem that is strongly supported by the Province of BC. As an industrial design and manufacturing company, TYCROP invested and entered a strategic partnership with hydrogen specialist H2 Portable to rapidly develop and deploy a Hydrogen Electric Generator (HEG) for DP World. TYCROP's long-standing record in design, construction and execution of complex and operationally imperative equipment was a key qualifier to DP World's selection, with the RTG testing conducted in real port conditions and everyday terminal operations.

Loop Energy's hydrogen fuel cells were selected for their high fuel efficiency, a key differentiator of the company's eFlow? proprietary technology. Fuel consumption plays a central role in decarbonizing RTGs given they operate up to 20 hours per day, where higher fuel efficiency not only reduces fuel cost, but also reduces operating downtime by achieving longer operating hours between refueling.