The deal, announced today (June 8), will see MONTE purchase up to 100 ZeroAvia ZA600 powertrains, to be installed on existing and new Cessna Caravan, DHC-6 Twin Otter, Dornier 228, and HAL-228 aircrafts.
As part of the agreement, the partners will use the modified aircraft to offer leasing and financing solutions that hopes to enable operators the ability to run zero-emission flights.
ZeroAvia is set to flight test its ZA600 powertrain in a retrofitted Dornier 228, with the initial aircraft testbed flying with one hydrogen-electric engine on one wing, while keeping its stock engine on the other.
James Peck, Vice-President of Business Development at ZeroAvia, said, “We’re pleased to announce our partnership with MONTE.
“Together, ZeroAvia and MONTE will provide a compelling proposition to operators of 5-20 seat aircraft. This partnership will offer flexibility to operators to allow them to launch zero-emissions flights on their networks, as well as extending the lifespan of hundreds of in-service airframes.”
The ZA600 powertrain was developed to a certifiable standard as part of the HyFlyer II project, supported by the UK Government, through the Aerospace Technology Institute (ATI) programme.
Timothy Eyre, Investment Director at Monte, explained, “Our partnership is an important step in our journey towards becoming one of the world’s first zero-emission aircraft lessors and we look forward to working with the ZeroAvia team on offering financing solutions for turboprop operators.”
North American Hydrogen Summit
H2 View is taking its events platform to America’s original clean hydrogen hub of California. Together with the California Fuel Cell Partnership (CaFCP), we will stage our North American Hydrogen Summit in San Francisco on July 14-15.
As our summit theme Building Bridges: Hydrogen hubs and investment suggests, the event will explore the $8bn of funding announced to create at least four regional hydrogen hubs in the US. These hubs will turbo-charge the nation’s progress toward heavy trucking and industrial sectors that run without producing carbon pollution – and they may just provide the path forward to a hydrogen-fuelled future.
With California and Texas vying to be America’s hydrogen capital today, where are the hubs of tomorrow? Further still, what can other states, and countries, learn from California’s success story? And how can we build bridges to a successful flow of international investment?
If you are a member of the CaFCP, be sure to grab your ticket at a discounted rate with a code that can be provided to you by the events team.
Full information about this event including attendance and sponsorship packages can be found here.