Air Products & Chemicals Inc. has unveiled its strategy to establish a network of permanent, commercial-scale hydrogen refueling stations in California, from Northern to Southern regions. The announcement was made at the California Hydrogen Convention in Los Angeles. California, known for its leadership in the energy transition, will benefit from these stations serving heavy-duty vehicles like trucks and buses, as well as light-duty fuel cell vehicles. Each station will have high capacity and reliability, fueling up to 200 heavy-duty trucks or 2,000 cars daily, contributing significantly to the state's zero-emissions transportation goals. Air Products plans to invest $15 billion by 2027 in renewable energy projects worldwide, emphasizing a commitment to cleaner energy solutions. The company's California pipeline network already supplies hydrogen to existing stations, with the new stations offering enhanced fueling technology, increased capacity, and servicing for various vehicles. This initiative aligns with Air Products' vision to accelerate the global energy transition through collaboration among energy companies, vehicle manufacturers, and governments. In addition to the California project, Air Products aims to connect Edmonton and Calgary in Canada with a similar network of hydrogen refueling stations. Despite a recent decline in stock value, the company maintains a positive outlook on its fiscal performance, expecting growth in adjusted earnings per share for fiscal 2024. This indicates confidence in the success of its hydrogen ventures and the overall sustainability of its business model.