Advent Technologies Announces Membership in The Fuel Cell and Hydrogen Energy Association

Rhea-AI Summary

Advent Technologies Holdings (NASDAQ: ADN) has joined the Fuel Cell and Hydrogen Energy Association (FCHEA), enhancing its involvement in next-generation fuel cell and hydrogen technologies. The company focuses on innovative solutions for decarbonization, promoting its 'Any Fuel. Anywhere.' technology that converts various fuels into electricity. FCHEA advocates for the commercialization of fuel cell technology, shaping regulations and educating stakeholders on its benefits. Advent aims to collaborate with other members to advance the hydrogen and fuel cell industries and contribute to the clean energy transition.

Positive

• Membership in FCHEA enhances Advent's industry presence and advocacy.
• The 'Any Fuel. Anywhere.' technology opens diverse market opportunities.
• Collaboration with FCHEA can accelerate commercialization efforts.

Negative

• None.

Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced that it is now a member of the Fuel Cell and Hydrogen Energy Association (FCHEA). Advent is active in the next-generation fuel cell and hydrogen technology space. The U.S. corporation develops cutting-edge technologies allowing for an ‘Any Fuel. Anywhere.’ option in which Advent’s high-temp fuel cells can go beyond hydrogen by converting hydrogen carriers and other e-fuels to electricity.

FCHEA is the national trade association in the U.S. representing leading companies and organizations that are advancing innovative, clean, safe, and reliable energy technologies and solutions. Members of the association represent the full industry supply chain with members based the U.S. and around the world. The mission of FCHEA is to advance the commercialization of and promote the markets for fuel cells and hydrogen energy.

Advent’s vision to create a safer, cleaner world by accelerating the process of decarbonization through innovative, flexible technologies aligns well with FCHEA’s three primary activities of:

• Leading national advocacy to encourage all levels of government to support fuel cell and hydrogen technology research, development, and deployment;
• Providing the industry with a voice in shaping regulations, codes, and standards to enable commercial growth, while ensuring the highest levels of consumer safety and satisfaction;
• Educating the public, and key opinion and policy leaders on the economic and environmental benefits of fuel cell and hydrogen technologies.

“The Fuel Cell and Hydrogen Energy Association is excited that Advent Technologies, with its broad portfolio of fuel cell components and systems, has joined our association,” said Morry Markowitz, FCHEA President. “Advent’s membership lends another unified voice to amplify the key role fuel cells and hydrogen can and will play in decarbonizing our energy future in the U.S. and around the world.”

Dr. Vasilis Gregoriou, Advent Technologies Chairman and Chief Executive Officer, added, “We are thrilled to be a member of FCHEA and to more actively support the commercialization of fuel cells across the U.S. market, and beyond. We look forward to collaborating with FCHEA and our fellow members to help the hydrogen and fuel cell industries thrive while remaining committed to actively playing our role in the clean energy transition through that advancement of innovative, effective solutions.”

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is an American corporation that develops, manufactures, and assembles critical components for fuel cells and advanced energy systems in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in the San Francisco Bay Area and Europe. With 120-plus patents (issued and pending) for its fuel cell technology, Advent holds the IP for next-gen high-temperature proton exchange membranes (HT-PEM) that enable various fuels to function at high temperatures under extreme conditions – offering a flexible ‘Any Fuel. Anywhere’ option for the automotive, maritime, aviation and power generation sectors. www.advent.energy

About the Fuel Cell and Hydrogen Energy Association

The Fuel Cell and Hydrogen Energy Association (FCHEA) represents the leading companies and organizations that are advancing innovative, clean, safe, and reliable energy technologies. FCHEA drives support and provides a consistent industry voice to regulators and policymakers. Our educational efforts promote the environmental and economic benefits of fuel cell and hydrogen energy technologies. Visit us online at www.fchea.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210428005606/en/

FAQ

What does Advent Technologies' membership in FCHEA mean for the company?

Advent Technologies' membership in FCHEA enhances its advocacy and collaboration in fuel cell and hydrogen technologies, potentially accelerating its market presence.

How does Advent's technology contribute to decarbonization?

Advent's technology enables the conversion of various fuels into electricity, contributing to cleaner energy solutions and supporting decarbonization efforts.

When did Advent Technologies announce its membership in FCHEA?

Advent Technologies announced its membership in the Fuel Cell and Hydrogen Energy Association on the same day as the press release, April 28, 2021.

What are the main goals of the Fuel Cell and Hydrogen Energy Association?

The FCHEA aims to promote fuel cell and hydrogen technology commercialization, advocate for supportive regulations, and educate the public on their benefits.

What is Advent Technologies' stock symbol?

Advent Technologies is publicly traded under the stock symbol ADN on NASDAQ.