Vision Energy (OTCQB: VENG), a forward-looking energy company developing carbon-reduced solutions for the commercial, industrial and transportation sector, has concluded a detailed marine simulation study; the study will be used for the proposed design and future operations of jetty and quay wall infrastructure that will serve VENG’s Green Energy Hub in North Sea Port of Vlissingen, the Netherlands. According to the announcement, Evolution Terminals BV, a wholly owned subsidiary of Vision Energy, contracted with Maritime Research Institute Netherlands (“MARIN”) to carry out the study, which was conducted in cooperation with North Sea Port authority. MARIN is an internationally operating, leading independent institution for maritime research. The study evaluated whether arrival and departure maneuvers to and from Vision Energy’s proposed new jetty can be done safely and efficiently; the study also looked at what impact the jetty may have on vessel traffic in the port. Results of the study were positive, determining that the arrival and departure maneuvers to and from the new jetty can be conducted in a safe manner under the tested weather conditions and current operating circumstances. Vision Energy is in the process of completing permit applications for the first phase of its development plan and noted a revision in the target date for submittal of the detailed Environmental Impact Assessment, known as the “Milieueffectrapportage” (“MER”); the assessment will be submitted or before Feb. 28, 2023.
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About Vision Energy Corporation
Vision Energy is a forward-looking energy company developing assets and solutions for the commercial, industrial and transportation sectors. The company leverages its proven track-record in site and asset procurement, accelerating development and permitting processes, plant design and grid integration to facilitate low-carbon energy production, supply and distribution. Vision Energy is pursuing reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. The company is committed to providing low-carbon energy solutions with the highest yield. Where possible, projects are designed to leverage existing gas and power infrastructure to integrate and facilitate import and/or distribution of reduced-carbon energy to domestic and global supply chains. For more information about the company, please visit www.VisionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to VENG are available in the company’s newsroom at https://ibn.fm/VENG
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