PowerTap Hydrogen Capital (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) is reporting on its subsidiary, PowerTap Hydrogen Fueling Corp., and its partnership with T2M Global, PowerTap’s tech partner. The companies are working together to validate PowerTap’s Gen3 Modular Hydrogen Production and Dispensing Units (“MHPDU”) technology as well as to provide final engineering toward deployment of the MHPDUs. According to the update, the company is in the “exploration stages” of implementing digital twins for each MHPDU deployment, which will significantly enhance remote monitoring and testing capabilities, putting PowerTap at the leading edge of hydrogen fuel station technology. Digital twin implementation would allow PowerTap to automate the remote monitoring of each unit deployment, increase the ability to respond in real time to operational irregularities and provide the ability to accelerate deployment of any design improvements or iterations of the company’s on-site hydrogen production units. The PowerTap Gen3 MHPDU is on-site hydrogen production with CO2 capture, which avoids the heavy-duty transport component, thereby eliminating the carbon intensity; it is also considerably less costly. “This perspective drives home PowerTap’s assertion that its hydrogen production method is superior to green hydrogen (using electrolysis) produced in California using electricity from the electricity grid, due to a lack of a green electricity grid across most of the USA and high electricity costs,” said PowerTap CEO Salim Rahemtulla in the press release. “This perspective also further solidifies the importance of PowerTap’s Gen3 onsite blue hydrogen SMR-based technology, especially due to its use of low to negative carbon intensity RNG feedstock to produce H 2 and its avoidance of high CI transport of H2.”
To view the full press release, visit https://ibn.fm/4aoXp
About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen, through its wholly owned subsidiary PowerTap Hydrogen Fueling Corp., is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation blue-hydrogen product, which will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. For more information about the company, please visit www.CleanPower.Capital.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
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