First Hydrogen Makes Energy Digital Top 10 Hydrogen Companies Pioneering Clean Energy Innovation
- First Hydrogen Corp. has been recognized as one of the top 10 companies making an impact in the hydrogen industry.
- The global green hydrogen production capacity has seen a 44% increase from 2021, reaching over 109,000 tonnes per annum in 2022, according to GlobalData.
- Goldman Sachs projects clean hydrogen as a major emerging market, with the potential to reduce global GHG emissions by 15% and account for up to 30% of the global hydrogen volumes traded internationally.
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2023) - First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("FIRST HYDROGEN" or the "Company") is pleased to announce Energy Digital has recognized the Company as one of the top 10 companies making an impact in the hydrogen industry(1). First Hydrogen was named along with Lhyfe, Siemens, BP, Air Products, Plug Power and Neom Green Hydrogen Company as pioneers in the field, advocating for hydrogen-forward global legislation, developing new technologies and producing hydrogen in large sustainable quantities.
This recognition comes as the global green hydrogen production capacity has seen a
First Hydrogen is targeting emissions through green hydrogen, offering comprehensive solutions to support the shift towards zero-emission fleets. The Company's hydrogen-fuel cell zero-emission vehicles (FCEV), which utilizes hydrogen and fuel cell technology, boasts a refueling time of less than 10 minutes and a significant range of 500+ km. The FCEVs are currently being trialed in the United Kingdom with major fleet operators ranging from utilities, roadside assistance and health care provides to parcel delivery. The FCEV recently completed trials with RIVUS and SSE Plc. The Company's FCEV stood-out for its range, smooth driveability and quick refueling.
In Canada, First Hydrogen is underway with a feasibility study to development a 35-megawatt hydrogen production facility and vehicle assembly factory in Shawinigan, Quebec. The assembly facility will be designed for annual production of 25,000 vehicles when at full capacity and the hydrogen-production facility will use advanced electrolysis. The distribution of distribution of First Hydrogen's FCEV throughout North America will be in combination with the company's hydrogen-as-a-service product offering.
(1) https://energydigital.com/articles/top-10-hydrogen-companies
(2) https://energydigital.com/articles/Hydrogen-market-growth-to-surge-in-2023
(3) https://energydigital.com/renewable-energy/clean-hydrogen-can-result-in-15-reduction-in-ghg-emissions
About First Hydrogen Corp. (FirstHydrogen.com)
First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution and supercritical carbon dioxide extractor systems. The Company has designed and built hydrogen-fuel-cell-powered light commercial demonstrator vehicles ("LCV") under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV has a range of 500+ kilometres. These vehicles are being trialled with an initial 16 fleet operators in the United Kingdom. At the same time, the company has launched its bespoke vehicle design phase which will develop its fleet of proprietary zero-emission vehicles. First Hydrogen is also developing refueling capability working with FEV Consulting GmbH, the automotive consultancy of FEV Group of Aachen Germany. The Company is also pursuing opportunities in green hydrogen production and distribution in the UK, EU and North America.
On behalf of the Board of Directors of
FIRST HYDROGEN CORP.
"Balraj Mann"
Chairman & Group CEO
Contact:
Balraj Mann
First Hydrogen Corp.
604-601-2018
investors@firsthydrogen.com
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The forward-looking information contained in this news release represents the expectations of First Hydrogen as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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