Ronn Inc. and Its New Joint Venture Have Received a Purchase Order for 60 Patented Hydrogen Electrolyzers to Include 60 Patented Low-Pressure Storage Systems
RONN Inc. (OTC:RONN) has received an MOU purchase order for 60 patented electrolyzers (up to 600 MWH each) and 60 patented low-pressure storage units through their new joint venture with HES. The collaboration includes expected financing guarantees for Capex from Scottland Enterprise International (SEI), featuring a $300 million capital guarantee for infrastructure purchases.
The partnership focuses on developing, manufacturing, and deploying hydrogen production technology. SEI's support package includes capital expenditure funding, business plan preparation assistance, investor introductions, and supply chain expertise. The joint venture will lead the design and manufacturing of electrolyzers while providing technical expertise and resources.
RONN Inc. (OTC:RONN) ha ricevuto un ordine di acquisto MOU per 60 elettrolizzatori brevettati (fino a 600 MWH ciascuno) e 60 unità di stoccaggio a bassa pressione brevettate attraverso la loro nuova joint venture con HES. La collaborazione include garanzie di finanziamento attese per il Capex da Scottland Enterprise International (SEI), con una garanzia di capitale di 300 milioni di dollari per gli acquisti infrastrutturali.
Il partenariato si concentra sullo sviluppo, la produzione e l'implementazione della tecnologia per la produzione di idrogeno. Il pacchetto di supporto di SEI include finanziamenti per le spese in conto capitale, assistenza nella preparazione del piano aziendale, presentazioni agli investitori e competenze nella catena di approvvigionamento. La joint venture guiderà la progettazione e la produzione di elettrolizzatori, fornendo esperti tecnici e risorse.
RONN Inc. (OTC:RONN) ha recibido un pedido de compra MOU para 60 electrolizadores patentados (de hasta 600 MWH cada uno) y 60 unidades de almacenamiento a baja presión patentadas a través de su nueva empresa conjunta con HES. La colaboración incluye garantías de financiación esperadas para el Capex de Scottland Enterprise International (SEI), que ofrece una garantía de capital de 300 millones de dólares para las adquisiciones de infraestructura.
La asociación se centra en el desarrollo, fabricación e implementación de tecnología para la producción de hidrógeno. El paquete de apoyo de SEI incluye financiamiento para gastos de capital, asistencia para la preparación del plan de negocios, presentaciones a inversores y experiencia en la cadena de suministro. La empresa conjunta liderará el diseño y la fabricación de electrolizadores, proporcionando experiencia técnica y recursos.
RONN Inc. (OTC:RONN)는 HES와의 새로운 합작 투자 통해 60개의 특허받은 전해조(각각 최대 600 MWH) 및 60개의 특허받은 저압 저장 장치에 대한 MOU 구매 주문을 받았습니다. 이 협력은 Scottland Enterprise International (SEI)로부터의 자본 지출 보장과 함께 3억 달러의 자본 보장을 포함하고 있습니다.
이번 파트너십은 수소 생산 기술의 개발, 제조 및 배치를 중심으로 진행됩니다. SEI의 지원 패키지는 자본 지출 자금 지원, 사업 계획 준비 지원, 투자자 소개 및 공급망 전문성을 포함합니다. 합작 투자는 전해조의 설계 및 제조를 주도하며, 기술 전문성과 자원을 제공합니다.
RONN Inc. (OTC:RONN) a reçu un ordre d'achat MOU pour 60 électrolyseurs brevetés (jusqu'à 600 MWH chacun) et 60 unités de stockage à basse pression brevetées par le biais de leur nouvelle coentreprise avec HES. La collaboration comprend des garanties de financement prévues pour les Capex de Scottland Enterprise International (SEI), avec une garantie de capital de 300 millions de dollars pour les achats d'infrastructure.
Le partenariat se concentre sur le développement, la fabrication et le déploiement de technologies de production d'hydrogène. Le paquet de soutien de SEI comprend un financement des dépenses en capital, de l'aide à la préparation des plans d'affaires, des présentations aux investisseurs et une expertise de la chaîne d'approvisionnement. La coentreprise dirigera la conception et la fabrication d'électrolyseurs tout en fournissant une expertise technique et des ressources.
RONN Inc. (OTC:RONN) hat einen MOU-Kaufauftrag für 60 patentierte Elektrolyseure (jeweils bis zu 600 MWH) und 60 patentierte Niederdruck-Speichereinheiten durch ihr neues Joint Venture mit HES erhalten. Die Zusammenarbeit umfasst voraussichtliche Finanzierungsgarantien für Capex von Scottland Enterprise International (SEI), einschließlich einer Kapitalgarantie von 300 Millionen Dollar für Infrastruktureinkäufe.
Die Partnerschaft konzentriert sich auf die Entwicklung, Herstellung und Implementierung von Wasserstoffproduktionstechnologien. Das Unterstützungspaket von SEI beinhaltet die Finanzierung des Investitionsaufwands, Hilfestellung bei der Erstellung von Geschäftsplänen, Investorenkontakte und Fachwissen in der Lieferkette. Das Joint Venture wird das Design und die Herstellung von Elektrolyseuren leiten und technische Expertise sowie Ressourcen bereitstellen.
- Secured MOU purchase order for 60 high-capacity electrolyzers and storage units
- $300 million capital guarantee from Scottish Enterprise International for Capex infrastructure
- Formation of strategic joint venture with HES for hydrogen technology development
- Deal is still at MOU stage pending due diligence completion
- Final purchase order contingent on financing guarantees
SCOTTSDALE, AZ / ACCESSWIRE / December 9, 2024 / RONN Inc. (OTC:RONN) announced that they have received an MOU purchase order for 60 of our patented up to 600 MWH electrolyzers and 60 of our patented low-pressure storage units with their new JV partner, HES, and expected financing guarantees for Capex provided by Scottland Enterprise International.
The two groups came together to collaborate on the development, manufacturing, and deployment of electrolyzers with a total production capacity of up to 600 MWh each for hydrogen production. This partnership aims to leverage the parties' expertise and resources to advance hydrogen technology and contribute to sustainable energy solutions. Due diligence is hopefully expected to be completed soon.
Mr. Ford, the company CEO, stated this collaboration would also benefit from a 300 million dollar capital guarantee for the purchases of Capex infrastructure provided by The Scottish Enterprise International (SEI), which includes capital expenditure funding, detailed business plan preparation, introductions to potential investors, and supply chain knowledge.
Under the terms of this MOU purchase order, the parties will focus on the following key areas, stated Mr. Lloyd, President of our new Joint Venture.
1. **Development and Production of Electrolysers**: HES/RONN will lead the design and manufacturing of electrolyzers, ensuring they meet the intended capacity targets.
2. **Engineering and Technical Support**: HES/RONN will provide the necessary technical expertise, resources, and support to facilitate efficient production.
This partnership reflects a significant step forward in hydrogen energy technology, aiming to enhance sustainable energy production and contribute to a greener future for the Republic of Korea.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause or contribute to such differences include, but are not limited to, the success of RONN, Inc. initiatives in the hydrogen tax credit market. RONN, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
View the original press release on accesswire.com
FAQ
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