Fuel cell vehicle player First Hydrogen has set up a new division, First Hydrogen Energy, to consolidate and lead the group’s business in the production and distribution of green hydrogen.
The unit, which is being advised by non-executive directors Rob Campbell from Ballard Power and Peter Williams from Ineos, is progressing green hydrogen production projects in the UK, Italy, and Canada.
Discussions with local partners are ongoing.
First Hydrogen is also engaged in discussions with industrial partners for the supply of technology and plant management.
First Hydrogen has identified the UK, Italy, Germany, and Canada for the development and construction of several 25MW sites in each country to provide potential future automotive customers with a guaranteed supply of green hydrogen over the lifetime of their vehicle ownership at a fixed price.
“Hydrogen production and procurement is a First Hydrogen strategy that is both timely and important in today’s environment of worldwide energy needs as we transition away from traditional hydrocarbons to the zero-carbon economy,” said Nicholas Wrigley, chairman of First Hydrogen UK.
Source: renews
