PowerTap Hydrogen Capital (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) subsidiary Advanced Electrolyzer Systems (“AES”) has reported that it has shown substantial results in the new, novel and critical area of hydrogen recovery from natural gas pipelines. PowerTap announced that Advanced Electrolyzer Systems’ landmark testing has demonstrated that the patented AES technology shows an ability to store excess renewable electricity as hydrogen in natural gas pipelines. AES was developed by Pinakin Patel and his team, and has been the significant recipient of federal grant awards for its many verticals. According to the announcement, no cost-effective solution to recover this hydrogen for commercial usage currently exists. Based on the results of the testing, AES is now in the process of scaling up its testing, which will demonstrate its performance at a host site pipeline. Based on results thus far, as well as existing testing infrastructure, PowerTap estimates that this technology can quickly progress toward commercialization and take advantage of the growing multibillion-dollar green hydrogen market. “Recovering this hydrogen for reuse is a potentially multibillion dollar market,” said Advanced Electrolyzer Systems’ Pinakin Patel in the press release.
To view the full press release, visit
https://ibn.fm/1gZse
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 that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. Currently fewer than 100 operational, publicly available hydrogen stations exist in the United States, with most of those stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. 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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