Ronn Inc. Establishes Joint Venture with Hydrogen Energy Solutions
RONN Inc. (OTC PINK:RONN) has announced a Joint Venture (JV) agreement with Hydrogen Energy Solutions (HES) to enhance hydrogen initiatives globally. The partnership includes plans for multiple hydrogen hubs worldwide and agreements with ports for hydrogen transportation to European markets. Key features of the JV include:
1. Exclusive rights for RONN to use HES's innovative Hydrro-Paks, a low-pressure hydrogen storage solution, for mobile applications.
2. A revenue-sharing model between RONN and HES.
3. Integration of RONN hydrogen vehicles in all HES projects.
4. RONN serving as the provider of hydrogen logistics trucks and work vehicles for the JV's net-zero emissions goal.
The collaboration aims to create hydrogen hubs powering various global initiatives, strengthening both companies' positions in the hydrogen energy sector.
RONN Inc. (OTC PINK:RONN) ha annunciato un accordo di Joint Venture (JV) con Hydrogen Energy Solutions (HES) per migliorare le iniziative sull'idrogeno a livello globale. La partnership prevede piani per diversi hub dedicati all'idrogeno in tutto il mondo e accordi con i porti per il trasporto dell'idrogeno verso i mercati europei. Le caratteristiche principali della JV includono:
1. Diritti esclusivi per RONN di utilizzare gli innovativi Hydrro-Paks di HES, una soluzione di stoccaggio dell'idrogeno a bassa pressione, per applicazioni mobili.
2. Un modello di condivisione dei ricavi tra RONN e HES.
3. Integrazione dei veicoli a idrogeno RONN in tutti i progetti di HES.
4. RONN come fornitore di camion per la logistica dell'idrogeno e veicoli da lavoro per il raggiungimento dell'obiettivo net-zero delle emissioni della JV.
La collaborazione mira a creare hub dell'idrogeno che alimentano varie iniziative globali, rafforzando le posizioni di entrambe le aziende nel settore dell'energia a idrogeno.
RONN Inc. (OTC PINK:RONN) ha anunciado un acuerdo de Joint Venture (JV) con Hydrogen Energy Solutions (HES) para mejorar las iniciativas de hidrógeno a nivel mundial. La asociación incluye planes para múltiples hubs de hidrógeno en todo el mundo y acuerdos con puertos para el transporte de hidrógeno a los mercados europeos. Las características clave de la JV incluyen:
1. Derechos exclusivos para RONN de utilizar los innovadores Hydrro-Paks de HES, una solución de almacenamiento de hidrógeno a baja presión, para aplicaciones móviles.
2. Un modelo de reparto de ingresos entre RONN y HES.
3. Integración de los vehículos de hidrógeno de RONN en todos los proyectos de HES.
4. RONN actuando como proveedor de camiones de logística de hidrógeno y vehículos de trabajo para el objetivo de emisiones netas cero de la JV.
La colaboración tiene como objetivo crear hubs de hidrógeno que impulsen diversas iniciativas globales, fortaleciendo las posiciones de ambas empresas en el sector de la energía del hidrógeno.
RONN Inc. (OTC PINK:RONN)는 Hydrogen Energy Solutions (HES)와의 합작 투자(JV) 계약을 발표하여 전 세계적으로 수소 이니셔티브를 강화할 계획입니다. 이번 파트너십에는 전 세계 여러 수소 허브를 구축하고 유럽 시장으로의 수소 운송을 위한 항구와의 협약이 포함됩니다. JV의 주요 특징은 다음과 같습니다:
1. RONN이 HES의 혁신적인 Hydrro-Paks를 사용하여 이동 애플리케이션용 저압 수소 저장 솔루션의 독점적인 권리를 가집니다.
2. RONN과 HES 간의 수익 분배 모델.
3. 모든 HES 프로젝트에 RONN의 수소 차량 통합.
4. RONN이 JV의 탄소 배출 제로 목표를 위한 수소 물류 트럭 및 작업 차량을 제공하는 역할을 합니다.
이번 협업은 다양한 글로벌 이니셔티브를 지원하는 수소 허브를 창출하고 두 회사의 수소 에너지 분야의 입지를 강화하는 것을 목표로 하고 있습니다.
RONN Inc. (OTC PINK:RONN) a annoncé un accord de coentreprise (JV) avec Hydrogen Energy Solutions (HES) pour renforcer les initiatives en matière d'hydrogène à l'échelle mondiale. Le partenariat comprend des plans pour plusieurs hubs d'hydrogène à travers le monde et des accords avec des ports pour le transport d'hydrogène vers les marchés européens. Les principales caractéristiques de la JV incluent :
1. Droits exclusifs pour RONN d'utiliser les Hydrro-Paks novateurs de HES, une solution de stockage d'hydrogène à basse pression, pour des applications mobiles.
2. Un modèle de partage des revenus entre RONN et HES.
3. Intégration des véhicules à hydrogène de RONN dans tous les projets de HES.
4. RONN fournissant des camions logistiques pour l'hydrogène et des véhicules de travail pour atteindre l'objectif net zéro émission de la JV.
La collaboration vise à créer des hubs d'hydrogène soutenant diverses initiatives mondiales, renforçant ainsi les positions des deux entreprises dans le secteur de l'énergie hydrogène.
RONN Inc. (OTC PINK:RONN) hat eine Joint-Venture (JV) Vereinbarung mit Hydrogen Energy Solutions (HES) bekannt gegeben, um die Wasserstoffinitiativen weltweit zu verbessern. Die Partnerschaft umfasst Pläne für mehrere Wasserstoff-Hubs weltweit und Vereinbarungen mit Häfen für den Wasserstofftransport zu europäischen Märkten. Zu den wichtigsten Merkmalen der JV gehören:
1. Exklusive Rechte für RONN, die innovativen Hydrro-Paks von HES als Niederdruck-Wasserstoffspeicherlösung für mobile Anwendungen zu nutzen.
2. Ein Einnahmenmodell zwischen RONN und HES.
3. Integration der Wasserstofffahrzeuge von RONN in alle HES-Projekte.
4. RONN wird als Anbieter von Wasserstofflogistik-Lkw und Arbeitsfahrzeugen für das Ziel der JV, netto null Emissionen, fungieren.
Die Zusammenarbeit zielt darauf ab, Wasserstoff-Hubs zu schaffen, die verschiedene globale Initiativen unterstützen und die Positionen beider Unternehmen im Bereich der Wasserstoffenergie stärken.
- Establishment of a strategic Joint Venture with Hydrogen Energy Solutions
- Plans for multiple potential hydrogen hubs worldwide
- Agreements with ports for hydrogen transportation to European markets
- Exclusive rights to use HES's Hydrro-Paks for mobile applications
- Revenue-sharing model included in the agreement
- Integration of RONN hydrogen vehicles in all HES projects
- RONN designated as provider of hydrogen logistics trucks and work vehicles for JV projects
- None.
SCOTTSDALE, AZ / ACCESSWIRE / October 22, 2024 / RONN Inc. (OTC PINK:RONN) is pleased to announce the successful finalization of a Joint Venture (JV) agreement with Hydrogen Energy Solutions (HES), formalized during Ronn Ford's recent visit to New York City. This collaboration is designed to enhance the development and sharing of hydrogen initiatives between RONN and (HES).
Key highlights of the JV include the establishment of multiple potential hydrogen hubs worldwide, along with ongoing agreements with several ports to facilitate the transportation of hydrogen produced by RONN and HES to European markets. The partnership also features (HES) innovative Hydrro-Paks, a low-pressure hydrogen storage solution, and grants RONN exclusive rights to utilize low-pressure mobile applications for our operations, including a revenue-sharing model as part of our agreement. All projects initiated by HES will incorporate RONN hydrogen vehicles.
CEO Ronn Ford emphasized that RONN will serve as the designated provider of hydrogen logistics trucks and work vehicles, supporting the JV's commitment to achieving net-zero emissions across its projects. The collaborative efforts of the JV members will focus on creating hydrogen hubs to power numerous global initiatives.
About RONN, Inc
RONN, Inc. is a forward-thinking company dedicated to making a positive impact on the environmental credit market. With a commitment to innovation and sustainability in the commercialization of Hydrogen in both mobile and stationary sectors, RONN, Inc. strives to create value for both its shareholders and the planet.
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.
Contact Information
John Morgan
IR
jmorgan@ronnmotorgroup.com
SOURCE: Ronn inc
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FAQ
What is the new Joint Venture announced by RONN Inc. (OTC PINK:RONN) on October 22, 2024?
What exclusive rights did RONN Inc. (OTC PINK:RONN) gain through the Joint Venture with HES?
How will RONN Inc. (OTC PINK:RONN) contribute to the Joint Venture projects?
What are the main goals of the Joint Venture between RONN Inc. (OTC PINK:RONN) and Hydrogen Energy Solutions?
