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HNO International Signs Offtake Agreement to Supply Hydrogen Fuel to a Major Fuel Cell Truck Fleet in Texas

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HNO International (OTC: HNOI) has signed an offtake agreement with a Texas-based leader in zero-emission transportation to supply hydrogen fuel for a major fuel cell truck fleet. The hydrogen will be produced using HNOI's Scalable Hydrogen Energy Platform (SHEP), a 1.25 MW electrolysis system capable of generating up to 500 kg of hydrogen daily. The fuel will be dispensed through HNOI's Compact Hydrogen Refueling System (CHRS), supporting both 350 and 700 bar fueling.

This partnership marks a significant step towards cleaner transportation, demonstrating the viability of hydrogen as a future fuel for long-haul trucking. The collaboration aims to reduce greenhouse gas emissions and meet sustainability goals in the trucking industry, leveraging hydrogen's advantages in range, payload capacity, and environmental impact over diesel.

HNO International (OTC: HNOI) ha firmato un accordo di approvvigionamento con un leader del Texas nel settore dei trasporti a zero emissioni per fornire carburante a idrogeno a una flotta di camion con celle a combustibile. L'idrogeno sarà prodotto utilizzando il Scalable Hydrogen Energy Platform (SHEP) di HNOI, un sistema di elettrolisi da 1,25 MW capace di generare fino a 500 kg di idrogeno al giorno. Il carburante sarà erogato attraverso il Compact Hydrogen Refueling System (CHRS) di HNOI, supportando il rifornimento a 350 e 700 bar.

Questa partnership rappresenta un passo significativo verso un trasporto più pulito, dimostrando la validità dell'idrogeno come futuro carburante per il trasporto su lungo raggio. La collaborazione mira a ridurre le emissioni di gas serra e a soddisfare gli obiettivi di sostenibilità nell'industria dei trasporti, sfruttando i vantaggi dell'idrogeno in termini di autonomia, capacità di carico e impatto ambientale rispetto al diesel.

HNO International (OTC: HNOI) ha firmado un acuerdo de compra con un líder de Texas en transporte de emisiones cero para suministrar hidrógeno como combustible a una flota importante de camiones con celdas de combustible. El hidrógeno se producirá utilizando la Plataforma de Energía de Hidrógeno Escalable (SHEP) de HNOI, un sistema de electrólisis de 1.25 MW capaz de generar hasta 500 kg de hidrógeno diariamente. El combustible se dispensará a través del Sistema Compacto de Recarga de Hidrógeno (CHRS) de HNOI, apoyando tanto el repostaje a 350 como a 700 bar.

Esta asociación marca un paso significativo hacia un transporte más limpio, demostrando la viabilidad del hidrógeno como futuro combustible para el transporte de larga distancia. La colaboración busca reducir las emisiones de gases de efecto invernadero y alcanzar objetivos de sostenibilidad en la industria del transporte, aprovechando las ventajas del hidrógeno en alcance, capacidad de carga e impacto ambiental en comparación con el diésel.

HNO International (OTC: HNOI)는 텍사스에 기반을 둔 제로 배출 운송 리더와 수소 연료를 주요 연료 전지 트럭 함대에 공급하기 위한 오프테이크 계약을 체결했습니다. 수소는 HNOI의 확장 가능한 수소 에너지 플랫폼(SHEP)을 사용하여 생산되며, 이 시스템은 하루 최대 500kg의 수소를 생성할 수 있는 1.25MW 전해조 시스템입니다. 연료는 HNOI의 구축형 수소 주유 시스템(CHRS)를 통해 공급되며, 350 및 700바 주유를 지원합니다.

이번 파트너십은 더 깨끗한 운송을 위한 중대한 발걸음을 의미하며, 장거리 트럭용 미래의 연료로서 수소의 실행 가능성을 입증합니다. 이 협력은 온실가스 배출을 줄이고 운송 산업의 지속 가능성 목표를 달성하기 위해 수소의 범위, 적재 용량 및 환경적 이점을 활용하는 것을 목표로 합니다.

HNO International (OTC: HNOI) a signé un accord d'achat avec un leader texan du transport à zéro émission pour fournir du carburant à hydrogène à une importante flotte de camions à hydrogène. L'hydrogène sera produit à l'aide de la Plateforme d'Énergie Hydrogène Scalable (SHEP) de HNOI, un système d'électrolyse de 1,25 MW capable de générer jusqu'à 500 kg d'hydrogène par jour. Le carburant sera distribué via le Système de Recharge Compact à Hydrogène (CHRS) de HNOI, prenant en charge le ravitaillement à 350 et 700 bars.

Ce partenariat constitue une étape significative vers un transport plus propre, démontrant la viabilité de l'hydrogène en tant que futur carburant pour le transport longue distance. La collaboration vise à réduire les émissions de gaz à effet de serre et à atteindre les objectifs de durabilité dans l'industrie du transport, en tirant parti des avantages de l'hydrogène en termes de portée, de capacité de charge et d'impact environnemental par rapport au diesel.

HNO International (OTC: HNOI) hat eine Abnahmevereinbarung mit einem texanischen Marktführer im Bereich emissionsfreier Transport unterzeichnet, um Wasserstoffkraftstoff für eine bedeutende Flotte von Brennstoffzellen-Lkw bereitzustellen. Der Wasserstoff wird unter Verwendung von HNOIs Skalierbarer Wasserstoff-Energieplattform (SHEP) produziert, einem Elektrolysesystem mit 1,25 MW, das täglich bis zu 500 kg Wasserstoff erzeugen kann. Der Kraftstoff wird über HNOIs Kompaktes Wasserstoff-Tankstellen-System (CHRS) bereitgestellt, welches sowohl das Tanken bei 350 als auch bei 700 bar unterstützt.

Diese Partnerschaft stellt einen bedeutenden Schritt in Richtung sauberer Transport dar und zeigt die Machbarkeit von Wasserstoff als zukünftigen Kraftstoff für den Fernverkehr. Die Zusammenarbeit zielt darauf ab, die Treibhausgasemissionen zu reduzieren und die Nachhaltigkeitsziele in der Transportbranche zu erreichen, indem die Vorteile von Wasserstoff hinsichtlich Reichweite, Nutzlastkapazität und Umweltauswirkungen im Vergleich zu Diesel genutzt werden.

Positive
  • Signed offtake agreement to supply hydrogen fuel for a major fuel cell truck fleet in Texas
  • Utilization of HNOI's proprietary SHEP and CHRS technologies for hydrogen production and refueling
  • Partnership demonstrates viability of hydrogen as a clean energy solution for long-haul transportation
  • Potential for increased revenue through hydrogen fuel supply
Negative
  • None.

HOUSTON, Sept. 17, 2024 /PRNewswire/ -- HNO International (OTC: HNOI) is pleased to announce the signing of an offtake agreement with a Texas-based leader in zero-emission transportation. Through this partnership, HNO International will supply hydrogen produced from its first-of-its-kind Scalable Hydrogen Energy Platform (SHEP), a 1.25 MW electrolysis system that generates up to 500 kilograms of hydrogen per day. This clean hydrogen will be used to refuel Class 8 fuel cell electric vehicles (FCEV) using HNOI's Compact Hydrogen Refueling System (CHRS), which supports 350 and 700 bar fuel dispensing.

This collaboration marks a pivotal moment in the shift away from diesel toward clean energy solutions for the trucking industry. With hydrogen fuel offering significant advantages in terms of range, payload capacity, and environmental impact, this partnership demonstrates the viability of hydrogen as the fuel of the future for long-haul transportation. Both companies are committed to leveraging their expertise to support the broader adoption of hydrogen, reducing greenhouse gas emissions, and meeting ambitious sustainability goals.

"We're excited to work on this important step toward cleaner transportation," said Paul Mueller, CEO and President of HNO International. "By using our SHEP platform, we can provide a dependable hydrogen solution that aligns with the mission to eliminate emissions in the trucking industry. Our Compact Hydrogen Refueling System (CHRS) ensures quick and efficient refueling, making it easier for hydrogen fuel cell trucks to stay on the road. This partnership is about more than just fuel – it's about making a real difference in reducing the environmental impact of long-haul trucking, and we're proud to be part of that future."

About HNO International
HNO International (HNOI) is a company specializing in the design, integration, and development of green hydrogen-based energy technologies. With over 13 years of experience in green hydrogen production, HNOI and its leadership team are on a mission to help lead the renewable energy transition by making energy accessible to businesses and communities worldwide. Their pioneering solutions, including the Scalable Hydrogen Energy Platform (SHEPTM) and the Compact Hydrogen Refueling Station (CHRSTM), are setting new standards for green hydrogen production.

Forward-Looking Statements
This news release contains "forward-looking statements" which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as "anticipate", "seek", intend", "believe", "estimate", "plan", or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

 

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SOURCE HNO International

FAQ

What is the capacity of HNO International's Scalable Hydrogen Energy Platform (SHEP)?

HNO International's SHEP is a 1.25 MW electrolysis system capable of generating up to 500 kilograms of hydrogen per day.

What type of vehicles will HNO International (HNOI) be supplying hydrogen fuel for in Texas?

HNO International will be supplying hydrogen fuel for Class 8 fuel cell electric vehicles (FCEV) in Texas.

What are the refueling capabilities of HNO International's Compact Hydrogen Refueling System (CHRS)?

HNO International's CHRS supports both 350 and 700 bar fuel dispensing for hydrogen refueling.

How does this partnership between HNO International (HNOI) and the Texas-based transportation company impact the trucking industry?

This partnership demonstrates the viability of hydrogen as a clean energy solution for long-haul transportation, potentially reducing greenhouse gas emissions and supporting the shift away from diesel in the trucking industry.

HNO INTERNATIONAL INC

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