HNO International Secures Hydrogen Offtake Agreement for Zero-Emission Mobility in Texas
Key Ideas
  • HNO International has signed a hydrogen offtake agreement with a Texas-based company for zero-emission mobility, utilizing their Scalable Hydrogen Energy Platform (SHEP™) to supply clean hydrogen for Class 8 hydrogen fuel cell vehicles.
  • The agreement also includes the deployment of HNOI's Compact Hydrogen Refueling System (CHRS™) to support refueling operations, with HNOI projecting significant multi-year contract revenue of nearly $10 million as they rapidly scale hydrogen production.
  • The Texas-based company, a leader in zero-emission mobility, aims to decarbonize transportation by adopting hydrogen fuel cell technology, showcasing the increasing demand for clean hydrogen in heavy-duty operations.
  • HNO International, with over 15 years of experience in hydrogen production, is committed to supporting the renewable energy transition by delivering reliable and scalable hydrogen solutions, contributing to environmental sustainability and business growth.
HNO International (OTC: HNOI) has finalized a hydrogen offtake agreement with a Texas-based company to facilitate zero-emission mobility, particularly in long-haul transportation. Through this partnership, HNO International will leverage its 1.25 MW Scalable Hydrogen Energy Platform (SHEP™) to provide up to 500 kilograms of clean hydrogen daily to power the customer's Class 8 hydrogen fuel cell vehicles (FCEVs). This move is set to enhance transportation efficiency while promoting sustainability. The agreement further incorporates the utilization of HNOI's Compact Hydrogen Refueling System (CHRS™) to ensure seamless refueling for the fleet. As HNO International ramps up its hydrogen production capabilities, they anticipate generating almost $10 million in revenue from multi-year contracts within the first year of operation, underscoring the accelerating demand for clean hydrogen in heavy-duty transport scenarios. The CEO of HNO International, Don Owens, expressed enthusiasm about the agreement, emphasizing the surging need for clean hydrogen fuel in heavy-duty transportation. He highlighted that the SHEP system and CHRS refueling stations deliver dependable and scalable solutions essential for long-haul operations, ultimately helping to minimize the environmental footprint associated with freight mobility. Owens also noted the company's readiness to expand production capacities to meet the escalating market demand. The Texas-based company partnering with HNO International stands out as a frontrunner in promoting zero-emission mobility by embracing hydrogen for decarbonizing transportation. Their adoption of hydrogen fuel cell technology not only aligns with environmental sustainability goals but also drives business growth by providing a sustainable alternative to diesel without compromising operational efficiency. HNO International, renowned for its expertise in hydrogen-based energy technologies cultivated over 15 years, is committed to spearheading the renewable energy transition. Their innovative solutions, including the Scalable Hydrogen Energy Platform (SHEP™) and the Compact Hydrogen Refueling Station (CHRS™), are setting new benchmarks in the realm of hydrogen production, shaping a cleaner and more sustainable future for businesses and communities alike.
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