H2X Global Limited has been featured in Stockhead discussing how the Company is positioning Pure Hydrogen (ASX:PH2) for significant growth and advancement.
H2X Global is assisting PH2 in continuing to drive growth and advance its position as an Australian green-tech leader in the hydrogen sector, as PH2 is H2X's largest shareholder with a 24% stake in the Company.PH2 Managing Director, Scott Brown says:
"H2X has been a tremendous investment and we are bullish on its outcome as they look to have operations in other countries as well.”
Being one of only a select few companies, H2X was invited to share their innovations at the COP26 Climate Conference in Glasgow in 2021.
Being launched in the next quarter, there is already significant demand for the Company's Warrego, hydrogen-powered ute. H2X is also taking orders for its newly launched, hydrogen fuel cell powered bus.
The article states:
"H2X was handpicked by the Sarawak State government in Malaysia to help it build the region into a major hydrogen hub through production and delivery of hydrogen fuel cell vehicles."
Used for back-up power or continuous electricity supply, PH2 and H2X have also launched a range of hydrogen fuel cell power generation units.
Scott Brown says:
“The Power H2 units generate a lot of interest in Australia and globally.
We are targeting 10,000 units and think that’s achievable given the range of activities and people talking about it.
Once you sell the generator you also need hydrogen to run that generator.
We can sell a package deal for not only the generator but the hydrogen that goes with it and so are cementing a long-term relationship with the customer.
When the wind isn’t blowing or the sun is not shining, they need to still have a power source.
The Power H2 units are a way of making a clean energy investment really work.”
H2X Global Limited
H2X Global Limited is a hydrogen fuel cell automotive and power unit Company founded on absolute sustainability. The Company is focused on the growing hydrogen fuel cell transport markets which are emerging in the key regions of China, North America, Europe, North Asia and Scandinavia. H2X is directing its energy towards developing a range of commercial fuel cell electric vehicles (FCEVs) due to their advantages over battery electric and diesel vehicles. The initial products include fuel cell buses, utes, and gen-sets.
H2X and ADVIK will begin producing H2X's series of fuel cell-powered generators immediately. Several of these units are currently deployed in Australia by H2X. The first generators manufactured by the joint venture will be put into service with a large-scale power system providing emission-free power for ADVIK's state of the art Research and Development Centre located in Pune, India.
Read the full Stockhead article here.
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