The New President, Donald Trump, Announced the End of the EV Mandate, Which Could Open the Door to Increased Hydrogen Competitiveness
RONN Inc. (OTC PINK:RONN) is positioning itself in the hydrogen market following Trump's announcement ending EV mandates. The company has initiated filing for a $300 million loan guarantee with HES for purchasing electrolysers and storage systems, which could provide up to 500 MWh of hydrogen production capacity.
The company aims to capitalize on the global hydrogen market, projected to reach $300 billion by 2030. RONN is pursuing additional financing through discussions with capital firms from Australia and Monaco, while also developing partnerships with First Nations communities, including Tobique First Nation.
With changing regulations and the end of EV mandates, RONN sees an opportunity to expand hydrogen adoption in transportation and infrastructure sectors traditionally dominated by battery-based solutions.
RONN Inc. (OTC PINK:RONN) si sta posizionando nel mercato dell'idrogeno dopo l'annuncio di Trump che pone fine ai mandati per i veicoli elettrici. L'azienda ha avviato la richiesta di una garanzia di prestito di 300 milioni di dollari con HES per l'acquisto di elettrolizzatori e sistemi di stoccaggio, che potrebbero fornire fino a 500 MWh di capacità di produzione di idrogeno.
L'azienda mira a capitalizzare sul mercato globale dell'idrogeno, previsto per raggiungere 300 miliardi di dollari entro il 2030. RONN sta cercando ulteriori finanziamenti attraverso discussioni con società di capitali dall'Australia e Monaco, mentre sviluppa anche partnership con le comunità delle Prime Nazioni, inclusa la Tobique First Nation.
Con il cambiamento delle normative e la fine dei mandati per i veicoli elettrici, RONN vede un'opportunità per espandere l'adozione dell'idrogeno nei settori dei trasporti e delle infrastrutture tradizionalmente dominati da soluzioni basate su batterie.
RONN Inc. (OTC PINK:RONN) se está posicionando en el mercado del hidrógeno tras el anuncio de Trump que pone fin a los mandatos de vehículos eléctricos. La empresa ha iniciado el proceso de solicitud de una garantía de préstamo de 300 millones de dólares con HES para la compra de electrolizadores y sistemas de almacenamiento, lo que podría proporcionar hasta 500 MWh de capacidad de producción de hidrógeno.
La compañía aspira a capitalizar el mercado global del hidrógeno, que se prevé alcanzará 300 mil millones de dólares para 2030. RONN está buscando financiamiento adicional a través de conversaciones con empresas de capital de Australia y Mónaco, mientras también desarrolla asociaciones con comunidades de Primeras Naciones, incluyendo la Tobique First Nation.
Con los cambios en las regulaciones y el fin de los mandatos de vehículos eléctricos, RONN ve una oportunidad para expandir la adopción del hidrógeno en los sectores de transporte e infraestructura, que tradicionalmente han sido dominados por soluciones basadas en baterías.
RONN Inc. (OTC PINK:RONN)은 트럼프가 전기차 의무화 종료를 발표한 이후 수소 시장에 입지를 다지고 있습니다. 이 회사는 전해조 및 저장 시스템 구매를 위해 HES와 3억 달러 대출 보증 신청을 시작했으며, 최대 500 MWh의 수소 생산 용량을 제공할 수 있습니다.
회사는 2030년까지 3000억 달러에 이를 것으로 예상되는 글로벌 수소 시장에서 기회를 잡으려고 합니다. RONN은 호주와 모나코의 자본사와 논의하여 추가 자금을 확보하는 동시에, 토비크 퍼스트 네이션을 포함한 첫 번째 민족 공동체와 파트너십을 개발하고 있습니다.
규제 변화와 전기차 의무화 종료로 인해 RONN은 전통적으로 배터리 기반 솔루션이 지배하는 운송 및 인프라 부문에서 수소 채택을 확장할 기회를 보고 있습니다.
RONN Inc. (OTC PINK:RONN) se positionne sur le marché de l'hydrogène suite à l'annonce de Trump mettant fin aux mandats pour les véhicules électriques. L'entreprise a commencé à déposer une demande de garantie de prêt de 300 millions de dollars auprès de HES pour l'achat d'électrolyseurs et de systèmes de stockage, ce qui pourrait fournir jusqu'à 500 MWh de capacité de production d'hydrogène.
La société vise à tirer parti du marché mondial de l'hydrogène, qui devrait atteindre 300 milliards de dollars d'ici 2030. RONN cherche à obtenir un financement supplémentaire grâce à des discussions avec des sociétés de capital d'Australie et de Monaco, tout en développant également des partenariats avec des communautés de Premières Nations, y compris la Tobique First Nation.
Avec les changements réglementaires et la fin des mandats pour les véhicules électriques, RONN voit une opportunité d'étendre l'adoption de l'hydrogène dans les secteurs des transports et des infrastructures traditionnellement dominés par des solutions basées sur batteries.
RONN Inc. (OTC PINK:RONN) positioniert sich im Wasserstoffmarkt nach Trumps Ankündigung der Beendigung der E-Auto-Vorgaben. Das Unternehmen hat die Beantragung einer Darlehensgarantie über 300 Millionen Dollar bei HES für den Kauf von Elektrolyseuren und Speichersystemen eingeleitet, die bis zu 500 MWh an Wasserstoffproduktionskapazität bieten könnte.
Das Unternehmen zielt darauf ab, vom globalen Wasserstoffmarkt zu profitieren, der voraussichtlich bis 2030 300 Milliarden Dollar erreichen wird. RONN strebt zusätzliche Finanzierungen durch Gespräche mit Kapitalgesellschaften aus Australien und Monaco an, während es auch Partnerschaften mit First Nations-Gemeinschaften, einschließlich der Tobique First Nation, entwickelt.
Mit den sich ändernden Vorschriften und dem Ende der E-Auto-Vorgaben sieht RONN die Gelegenheit, die Wasserstoffnutzung in den Verkehrs- und Infrastruktursektoren, die traditionell von batteriebasierten Lösungen dominiert werden, auszubauen.
- Initiated $300 million loan guarantee filing for hydrogen production equipment
- Potential 500 MWh hydrogen production capacity development
- Active discussions with international capital firms for additional financing
- Reliance on pending government loan guarantees for business development
- Operating in highly competitive clean energy market with established players
SCOTTSDALE, AZ / ACCESS Newswire / January 21, 2025 / RONN Inc. (OTC PINK:RONN) Trump's "Drill, Baby, Drill" slogan grabs headlines; the real magic lies in a new cost-conscious energy approach. If the administration intends to lower fuel prices, hydrogen becomes more than just a cool science project-it's a strategic wildcard. By investing in hydrogen production, we tap into a cleaner, more flexible fuel source that can ride alongside domestic oil and gas without driving up prices at the pump. It could lower them in the long term.
Mr. Ford announced it has begun filing loan guarantee paperwork with HES for a
Moving Beyond EVs: A New Opportunity for Hydrogen
With evolving regulations and the end of specific EV mandates, RONN believes hydrogen is now poised for significant adoption in transportation and infrastructure-segments traditionally relying on battery-based solutions. By leveraging Hydrogen Horizons' advanced technology, no EV mandates RONN aims to support a broader spectrum of clean-energy applications across industries, from heavy-duty trucks to decentralized power grids.
Financing and Strategic Collaborations
In addition to government-backed loan guarantees, RONN is exploring multiple financing avenues, including discussions with two capital firms from Australia and Monaco. These efforts underscore the company's commitment to capital investments that balance community impact and shareholder value.
"Our pursuit of government support and global capital partnerships reflects how serious we are about fast-tracking hydrogen adoption," said Mr. Ford, CEO at RONN. "We're building momentum for a cleaner, more resilient energy ecosystem that harnesses hydrogen's untapped potential while delivering real value to our stakeholders."
First Nations Potential Partnerships
RONN's ongoing collaboration with First Nations communities-starting with the Tobique First Nation and supported by earlier discussions with Chief Clifford and Chief Louis Bull-reinforces the company's dedication to local engagement. RONN aims to co-develop sustainable solutions that generate environmental and economic benefits by integrating hydrogen technology into community-driven initiatives.
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
Ronn Ford
CEO
ronn.ford@ronnmotorgroup.com
SOURCE: Ronn, inc
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FAQ
What is the size of the loan guarantee RONN (OTC:RONN) is seeking from HES?
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