The agreement will see HyNet distribute 1,500 tonnes of hydrogen a year to Ryzen Hydrogen.
It is expected that this hydrogen will then be used to powered hydrogen buses that are currently being developed by Wrightbus as a means to decarbonise the public transportation sector.
This will see HyNet bring forward innovative technology and infrastructure to ensure that Ryze Hydrogen gets the supply of the clean energy carrier required to power the buses.
Jo Bamford, Executive Chairmanof Ryze Hydrogen, said, “Hydrogen has a major part to play in the decarbonisation of the UK, and thanks to this deal with HyNet, Ryze Hydrogen and Wrightbus continue to be at the forefront of the movement.
“Since Wrightbus launched the world’s first hydrogen double deck bus in 2020, we’ve seen a growing momentum behind their introduction, with fleets now in operation in Aberdeen, Birmingham, London, Belfast and Dublin.
“We hope to soon expand into other areas of the UK, including the North West. There also continues to be a growing interest in hydrogen not only for buses, but to help with the decarbonisation of many other sectors, including heavy goods vehicles and commercial and domestic heating.
“That’s why it’s vital to have innovative projects like HyNet, creating green jobs, stimulating the green economy and ensuring the UK is able to produce enough hydrogen to meet a growing demand, and why as a distributor, Ryze will play a crucial part in unlocking use of the fuel for the transport sector.”