Ronn Inc. Signs Hydrogen Development Partnership Agreement with Tobique First Nations
RONN Inc (OTC PINK:RONN) has announced a strategic partnership with the Tobique First Nation to develop hydrogen production and infrastructure. The agreement includes an initial $1 million investment from the First Nation and is expected to grow into a multi-million-dollar partnership. The collaboration aims to provide hydrogen infrastructure sales, operational income, FCEV truck sales, and future hydrogen sales revenues.
The partnership plans to leverage Tobique First Nation's new wind farm for potential hydrogen production, similar to a recent $430 million Canada-Germany hydrogen deal. Julian Moulton, representing Tobique Nation, emphasized the opportunity to capitalize on the growing clean energy market and Net Zero initiatives, promising economic benefits and environmental stewardship.
RONN Inc (OTC PINK:RONN) ha annunciato una partnership strategica con la First Nation di Tobique per sviluppare produzione di idrogeno e infrastrutture. L'accordo include un investimento iniziale di 1 milione di dollari da parte della First Nation e si prevede che cresca in una partnership multimilionaria. La collaborazione mira a fornire vendite di infrastrutture per l'idrogeno, reddito operativo, vendite di camion FCEV e future entrate dalle vendite di idrogeno.
La partnership prevede di sfruttare il nuovo parco eolico della First Nation di Tobique per la potenziale produzione di idrogeno, simile a un recente affare di idrogeno tra Canada e Germania del valore di 430 milioni di dollari. Julian Moulton, rappresentante della Tobique Nation, ha sottolineato l'opportunità di capitalizzare sul crescente mercato dell'energia pulita e sulle iniziative di Net Zero, promettendo benefici economici e gestione ambientale.
RONN Inc (OTC PINK:RONN) ha anunciado una asociación estratégica con la Primera Nación Tobique para desarrollar producción de hidrógeno e infraestructura. El acuerdo incluye una inversión inicial de 1 millón de dólares por parte de la Primera Nación y se espera que crezca en una asociación multimillonaria. La colaboración tiene como objetivo proporcionar ventas de infraestructura de hidrógeno, ingresos operativos, ventas de camiones FCEV y futuros ingresos por ventas de hidrógeno.
La asociación planea aprovechar el nuevo parque eólico de la Primera Nación Tobique para la posible producción de hidrógeno, similar a un reciente acuerdo de hidrógeno entre Canadá y Alemania por 430 millones de dólares. Julian Moulton, representante de la Nación Tobique, enfatizó la oportunidad de capitalizar el creciente mercado de energía limpia y las iniciativas de cero emisiones netas, prometiendo beneficios económicos y cuidado ambiental.
RONN Inc (OTC PINK:RONN)는 수소 생산 및 인프라 개발을 위해 토부이크 퍼스트 네이션과 전략적 파트너십을 발표했습니다. 이 계약에는 퍼스트 네이션으로부터의 100만 달러의 초기 투자가 포함되며, 이는 수백만 달러 규모의 파트너십으로 성장할 것으로 예상됩니다. 이 협력의 목적은 수소 인프라 판매, 운영 소득, FCEV 트럭 판매 및 향후 수소 판매 수익을 제공하는 것입니다.
파트너십은 토부이크 퍼스트 네이션의 새로운 풍력 발전소를 활용하여 잠재적인 수소 생산을 계획하고 있으며, 이는 최근의 4억 3천만 달러 캐나다-독일 수소 거래와 유사합니다. 토부이크 네이션을 대표하는 줄리안 몰턴은 성장하는 청정 에너지 시장과 넷 제로(Net Zero) 이니셔티브에서의 기회를 강조하며 경제적 혜택과 환경 관리를 약속했습니다.
RONN Inc (OTC PINK:RONN) a annoncé un partenariat stratégique avec la Première Nation de Tobique pour développer la production d'hydrogène et l'infrastructure. L'accord comprend un investissement initial de 1 million de dollars de la Première Nation et devrait se transformer en partenariat multimillionnaire. La collaboration vise à fournir des ventes d'infrastructure pour l'hydrogène, un revenu opérationnel, des ventes de camions FCEV et des revenus futurs des ventes d'hydrogène.
Le partenariat prévoit d'exploiter le nouveau parc éolien de la Première Nation de Tobique pour une production potentielle d'hydrogène, similaire à un récent accord sur l'hydrogène entre le Canada et l'Allemagne d'une valeur de 430 millions de dollars. Julian Moulton, représentant de la Nation Tobique, a souligné l'opportunité de tirer parti du marché croissant des énergies propres et des initiatives Net Zéro, promettant des avantages économiques et une gestion environnementale.
Die RONN Inc (OTC PINK:RONN) hat eine strategische Partnerschaft mit der Tobique First Nation angekündigt, um Wasserstoffproduktion und -infrastruktur zu entwickeln. Die Vereinbarung umfasst eine anfängliche Investition von 1 Million Dollar seitens der First Nation und wird voraussichtlich zu einer multimillionen Dollar Partnerschaft wachsen. Die Zusammenarbeit zielt darauf ab, den Verkauf von Wasserstoffinfrastruktur, Betriebseinnahmen, den Verkauf von FCEV-Lkw und zukünftige Einnahmen aus Wasserstoffen zu ermöglichen.
Die Partnerschaft plant, den neuen Windpark der Tobique First Nation für die potenzielle Wasserstoffproduktion zu nutzen, ähnlich einem kürzlichen Wasserstoffgeschäft zwischen Kanada und Deutschland im Wert von 430 Millionen Dollar. Julian Moulton, der die Tobique Nation vertritt, betonte die Möglichkeit, vom wachsenden Markt für erneuerbare Energie und den Net-Zero-Initiativen zu profitieren und versprach wirtschaftliche Vorteile und Umweltverantwortung.
- Strategic partnership with Tobique First Nation for hydrogen development
- Initial $1 million investment from Tobique First Nation
- Potential for multi-million-dollar partnership expansion
- Multiple revenue streams: infrastructure sales, operational income, FCEV truck sales, and hydrogen sales
- Opportunity to utilize Tobique First Nation's wind farm for hydrogen production
- None.
SCOTTSDALE, ARIZ. / ACCESSWIRE / August 15, 2024 / RONN Inc (OTC PINK:RONN) announced that the Company has officially forged a strategic partnership with the Tobique First Nation to develop hydrogen production and infrastructure, with an initial investment of
Mr. Ford continued by stating that the Tobique First Nations plans to maximize the potential use of their new wind farm by working with RONN Inc. to evaluate and potentially produce power for hydrogen production, mirroring a recent significant 430 million dollar partnership between Canada and Germany https://www.cbc.ca/news/canada/newfoundland-labrador/canada-germany-hydrogen-deal-1.7146700.
Julian Moulton stated, "Partnering with RONN INC. to develop hydrogen hubs within New Brunswick, the Tobique Nation, and surrounding areas presents a unique opportunity to capitalize on the growing clean energy market and the Net Zero clean emissions initiative. This initiative promises economic benefits, environmental stewardship, and technological leadership, making it a compelling investment for sustainable future growth."
Mr. Moulton highlighted the importance of hydrogen technologies in achieving a Net Zero environment, and the importance of the execution of this contract following productive discussions with local leaders and industry CEOs. This collaboration is set to involve various stakeholders, including Tobique First Nation taking the lead, local city officials, and private commercial industries to ensure the sustainable growth of the region.
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For more information, go to www.ronnmotorgroup.com or contact John Morgan at jmorgan@ronnmotorgroup.com
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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