Welcome to our dedicated page for First Hydrogen news (Ticker: FHYDF), a resource for investors and traders seeking the latest updates and insights on First Hydrogen stock.
First Hydrogen Corp (FHYDF) drives innovation in zero-emission transport through hydrogen fuel cell vehicles and green hydrogen production. This page aggregates official announcements, technological breakthroughs, and strategic developments from the clean energy pioneer.
Access timely updates on FHYDF's light commercial vehicle trials, hydrogen infrastructure projects, and partnerships shaping sustainable mobility. Key content includes:
• Fleet deployment progress across North America and Europe
• Green hydrogen facility developments including Quebec's 35MW production site
• Technical performance data from real-world vehicle testing
• Strategic collaborations with energy providers and transport operators
Bookmark this resource for verified updates on hydrogen-as-a-service models, AI-driven energy management systems, and international market expansions. Check regularly for new insights into FHYDF's role in decarbonizing commercial transportation.
First Hydrogen Corp. (FHYDF) has launched its subsidiary, First Nuclear Corp., focusing on clean energy production through Small Modular Reactors (SMRs). The initiative aims to integrate advanced nuclear technology with green hydrogen production to support global decarbonization efforts.
The company highlights SMRs' advantages including compact design, scalability, and weather-independent power supply. According to IDTechEx, the global SMR market is projected to reach US$72.4 billion by 2033 and US$295 billion by 2043, with a 30% CAGR.
SMRs offer several benefits: they require less frequent refueling (every 3-7 years vs 1-2 years for conventional plants), feature enhanced safety systems, and can be manufactured off-site for faster deployment. The green hydrogen market, valued at US$2.5 billion in 2022, is expected to reach US$143.8 billion by 2032, growing at a 50.3% CAGR.
First Hydrogen Corp. (FHYDF) has announced the incorporation of its wholly-owned German subsidiary, First Hydrogen GmbH, marking its strategic expansion into the European market. This move aligns with Germany's renewable energy initiatives and hydrogen technology leadership.
The expansion comes as Germany implements a €500-billion special infrastructure fund and adopts a new hydrogen import strategy to meet projected demand of 95-130 TWh by 2030, with imports expected to cover 50-70% of needs. The country has approved plans for a €19 billion, 9,040-kilometer hydrogen network to be operational by 2032.
First Hydrogen plans to provide green hydrogen supply, including the application of small modular nuclear reactors (SMRs). The company is evaluating innovative SMR technologies, noting that nuclear energy has received a green label under EU taxonomy, producing significantly lower CO2 emissions compared to traditional energy sources.
First Hydrogen Corp. (FHYDF) is exploring Small Modular Nuclear Reactors (SMRs) deployment in Canada and EU for green hydrogen production. This initiative aims to provide stable, scalable, and cost-effective green hydrogen supply. SMRs offer advantages including continuous 24/7 operation, modularity, and zero greenhouse gas emissions during operation.
The company's strategy aligns with the EU's goal to produce 10 million tonnes of green hydrogen annually by 2030 and Canada's National Hydrogen Strategy. First Hydrogen's Hydrogen-as-a-Service (HaaS) model includes production, refueling infrastructure, and hydrogen-powered vehicles. Their fuel-cell commercial vehicles have completed over 6,000 km of testing in the UK, demonstrating a range exceeding 630 km per refuel.
First Hydrogen Corp. (FHYDF) is exploring expansion of its hydrogen-as-a-service (HAAS) offering through potential green hydrogen production using Small Modular Nuclear Reactors (SMRs). The company aims to install SMRs in areas with or no grid power to produce hydrogen for refueling stations. SMRs are compact nuclear systems, up to 1/10th the size of traditional reactors, offering scalable, low-carbon energy at approximately $36/MWh. This initiative aligns with First Hydrogen's mission to deliver sustainable energy solutions and support the global energy transition.
First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) announces its European expansion plans, starting with an office in Germany. The company has engaged international firms to support this expansion, focusing on renewable energy development, infrastructure construction, M&A, and fundraising. Germany's commitment to green hydrogen aligns with First Hydrogen's goals for its hydrogen-powered fuel-cell light commercial vehicles (FCEVs).
Germany's hydrogen strategy includes a planned 9,700 km hydrogen highway and 17 'Hydrogen Valleys'. The European Commission has approved four waves of hydrogen Integrated Projects of Common European Interest (IPCEIs), aiming to raise €43 billion for over 120 projects. First Hydrogen brings its FCEV technology, which has been successfully trialed in UK fleet operations.
First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) is expanding its global market reach by developing a left-hand drive model of its green hydrogen-powered fuel cell light commercial vehicle (FCEV). This move follows successful trials in the UK, where the FCEV demonstrated impressive capabilities in various conditions. The new model will target markets in the United States, Mexico, South America, and Europe, aligning with significant hydrogen initiatives in these regions.
The European Union is investing heavily in hydrogen projects, with €43 billion approved for over 120 projects and an additional €200 million for hydrogen ecosystems. In the US, $7 billion in grants have been allocated for hydrogen hubs, with California receiving $1.2 billion. First Hydrogen's FCEV has shown advantages over battery-electric and internal combustion engine vehicles, particularly in cold weather performance and range (630 km on a single refueling).
First Hydrogen Corp. (FHYDF) welcomes the UK government's £500 million initiative to boost the green hydrogen sector. This funding aims to enhance the UK's hydrogen production capacity and make it a global leader. A recent study suggests Germany will need to import up to 100 TWh of green hydrogen annually by the mid-2030s.
First Hydrogen has successfully trialed its hydrogen-powered fuel cell light commercial vehicle (FCEV) for demanding tasks, showing no performance loss even in cold temperatures. The company has established a hydrogen ecosystem, positioning itself to leverage Europe's green hydrogen transition.
Additionally, First Hydrogen has closed the first tranche of its private placement, raising $540,000 through convertible debenture units. The proceeds will be used for working capital and general corporate purposes.
First Hydrogen Corp. has provided an update on its expansion plans in North America, South America, and Europe, following the success of its hydrogen-powered fuel cell light commercial vehicle (FCEV) trials in the UK. In Quebec, the company plans to build a vehicle assembly facility and green hydrogen production plant to produce up to 25,000 vehicles annually. In Mexico, discussions are ongoing with major industrial fleet operators to convert their fleets to FCEVs and establish a hydrogen refueling infrastructure.
In Europe, First Hydrogen is looking to expand into Germany and other areas, capitalizing on the EU's RePowerEU plan and the European Investment Bank's funding priorities. In South America, the company is targeting opportunities in Peru and Chile, with Chile aiming to become a leading hydrogen producer by 2030.
The company's FCEV trials showed positive results, with vehicles maintaining performance in cold weather and achieving a range of 630 km per refueling. First Hydrogen is working on establishing partnerships to advance its hydrogen ecosystem, including collaborations in North America.
First Hydrogen Corp. has announced the successful completion of a trial of its hydrogen-powered fuel cell vehicle (FCEV) with Amazon in London, UK. The FCEV covered 535 km (332 miles) and delivered 3,462 packages with 1,547 stops over 8-10 hour shifts. Amazon confirmed the vehicle's satisfactory performance, highlighting its potential for frequent stops and long operational hours.
Based on collected telematics data, the projected range under these conditions is 397 km (247 miles), with engineers aiming to improve it to over 450 km (280 miles) through design and AI enhancements. The trial provided valuable data on driver behavior and energy efficiency, which will aid further development of the FCEV. Building on this success, First Hydrogen plans to expand trials to Europe and North America.
Key improvements include predictive software for route optimization, pedal controller tuning for different driving conditions, and a new operation mode to lower energy consumption during stops. These advancements aim to enhance vehicle efficiency and performance.
First Hydrogen Corp. has signed a non-binding letter-of-intent (LOI) to secure a supply of e-Vans from a large German multinational automotive manufacturer. The company's hydrogen-fuel-cell powertrain will be integrated into these German-branded vans.
This integration will involve access to engineering, technical support, and certification from the vehicle manufacturer. The goal is to offer fleet operators customized hydrogen-powered light commercial vehicles soon.
First Hydrogen's fuel cell electric vehicles (FCEVs) recently completed successful trials in London with a major logistics company. The FCEVs operated for over 8 hours daily, handling multiple deliveries per hour and demonstrating a peak range of 400 miles on a single refuel. These trials underscore the vehicles' capability to handle demanding tasks such as carrying heavy loads and driving on challenging terrains.
The company's CEO, Balraj Mann, highlighted that this collaboration aids in bringing FCEVs to the North American market, building on interest from both the UK and North America.
