PriceSensitive

AmmPower (CSE:AMMP) signs MOU with the Port of Corpus Christi

Renewable Energy, Socials, The Watchlist
CSE:AMMP
10 February 2023 12:00 (EDT)

This browser does not support the video element.

AmmPower Corp. (AMMP) has signed a  Memorandum of Understanding with the Port of Corpus Christi Authority.

AmmPower will explore the development of green hydrogen used as feedstock for green fuel and green derivatives production, storage and distribution facility. 

As previously announced, AmmPower has been named as one of the private sector partners in the Port of Corpus Christi Authority’s Horizons Clean Hydrogen Hub.

AmmPower CEO Dr. Gary Benninger sat down with Shoran Devi to discuss the news

“This is an important step forward for AmmPower to be able to work with the Port of Corpus Christy Authority with the aim of creating one of the leading clean energy ports in the world. The green fuel made with hydrogen feedstock is intended to be produced by AmmPower’s facility. It will be used as fuel for next-generation ships as well as a medium to transport green energy on a global basis.”

AmmPower is a Canada-based clean energy company focused on the production of green ammonia. The company is active in all facets of green ammonia production, including the production of green fertilizers, carbon-free shipping fuel, and the moving of green hydrogen as ammonia.

AmmPower Corp. (AMMP) opened trading at C$0.31.


Related News