First Hydrogen selects Quebec for first inexperienced hydrogen eco-system mixed inexperienced hydrogen manufacturing and zero-emission car meeting.
First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (“FIRST HYDROGEN” or the “Firm”) announce that it has chosen the Metropolis of Shawinigan, Quebec, Canada to develop its first inexperienced hydrogen eco-system.
The Firm has performed website evaluations and has now formally commenced the method to safe and develop respective websites for the native manufacturing of inexperienced hydrogen and the meeting of First Hydrogen zero-emission business automobiles.
First Hydrogen’s undertaking plan is to provide as much as 50MW of inexperienced hydrogen utilizing superior electrolysis expertise and distribute the hydrogen throughout the Montreal-Quebec Metropolis hall to be used with First Hydrogen’s gentle business automobiles (LCV) in addition to supporting different hydrogen-fuelled automobiles and purposes within the area.
First Hydrogen LCVs are deliberate to be assembled in Shawinigan for distribution all through North America together with the Firm’s Hydrogen as a Service product providing. The meeting manufacturing facility will probably be designed for an annual capability of 25,000 automobiles per yr when at full capability and can symbolize a significant enhance to inexperienced expertise jobs within the area.
The Firm’s technique is an in depth match with the Province of Quebec’s “Plan for a Inexperienced Economic system1” and the “2030 Quebec Inexperienced Hydrogen and BioEnergy Technique1” each concentrating on decreased dependence on fossil fuels, vitality autonomy and inexperienced prosperity by means of using inexperienced hydrogen to decarbonize and strengthen its financial system.
Additional, the Province of Quebec supplies a secure and supportive atmosphere for First Hydrogen’s undertaking by means of its financial, innovation and vitality insurance policies and applications aimed toward accelerating the tempo of the inexperienced vitality transition.
The undertaking can be in line with latest federal authorities bulletins supporting inexperienced hydrogen and low-carbon fuels initiatives.
Rob Campbell, CEO of Vitality for First Hydrogen, says:
Shawinigan, Quebec is a good place for First Hydrogen to plant the flag in North America.
Quebec’s first hydroelectric firm was established there in 1898 and Shawinigan has a robust historical past of vitality and business working collectively. The Metropolis and the area are very properly positioned with its inexperienced vitality sources, industrial group and rising inexperienced vitality financial system. It is going to be additionally essential to carefully collaborate with the regional training community to create the required expertise of tomorrow.”
“The area is already the house of the l’institut de recherche en hydrogène de l’UQTR (IRH). Based in 1994, IRH is considered one of Canada’s main establishments in hydrogen analysis. We want to thank the Metropolis of Shawinigan and Investissement Québec for his or her ongoing help for this thrilling undertaking.”
Balraj Mann, Chairman & CEO First Hydrogen states:
We’re seeing robust market help for our holistic product providing of zero-emission LCVs and inexperienced hydrogen.
“Buyer pull mixed with robust Quebec and Canadian coverage help has satisfied us that now’s the time to maneuver ahead with this primary undertaking. Engineering research are deliberate to start in early 2023. Our announcement right now coincides with the disclosing of our next-generation hydrogen gas cell-powered gentle business car within the coming weeks.”
About First Hydrogen Corp. (FirstHydrogen.com)
First Hydrogen Corp. is a Vancouver and London UK-based firm targeted on zero-emission automobiles, inexperienced hydrogen manufacturing and distribution and supercritical carbon dioxide extractor techniques. The Firm is designing and constructing hydrogen-fuel-cell-powered gentle business demonstrator automobiles (“LCV”) below two agreements with AVL Powertrain and Ballard Energy Techniques Inc.
The LCV could have a spread of 500+ kilometres. On the identical time, the corporate has launched its bespoke car design part which can develop its fleet of proprietary zero-emission automobiles. First Hydrogen can be growing refueling functionality working with FEV Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany.
The Firm can be pursuing alternatives in inexperienced hydrogen manufacturing and distribution within the UK, EU and North America.
First Hydrogen Selects Quebec for First Inexperienced Hydrogen Eco-System Mixed Inexperienced Hydrogen Manufacturing and Zero-Emission Automobile Meeting, Vancouver, British Columbia, November 28, 2022
