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PowerTap (NEO:MOVE) particpates in hydrogen leadership summit

Energy
NEO:MOVE
21 June 2022 09:00 (EDT)

Source: PowerTap Hydrogen Capital Corp.

PowerTap Hydrogen Capital Corp (MOVE) recently participated in the California Hydrogen Leadership Summit (CHLS) in Sacramento, California.

The California Hydrogen Business Council held the CHLS with PowerTap Hydrogen Fueling Corp. sponsoring, participating and moderating an industry panel.

More than 550 registrants participated in the summit, including representatives from the transportation, power and heavy industry sectors, utility companies, and vendors from across the hydrogen industry.

Key audiences for the summit included California policymakers and regulators. They focused on exploring the policies, programs and incentives needed to accelerate the production, use, and storage of hydrogen, which is essential to California’s ability to meet emissions goals and address climate protection, air quality, energy resilience and sustainable economic growth needs. A significant takeaway from the summit was that collaboration between market participants will solidify the hydrogen industry toward complete decarbonization in California. State and federal incentives will enable winners with cost-effective technology and business models to emerge and make significant strides in establishing the industry.

PowerTap Hydrogen Fueling Corp. President, Salim Rahemtulla, moderated a panel entitled “Building a Hydrogen Fueling Network that Fuels the Gaps in California’s Transportation Decarbonization and Air Quality Goals” that included panellists from Nikola Corporation, Ballard, Chevron and Trillium. The panel discussion identified that collaboration is necessary across hydrogen industry verticals, from fuel-cell electric truck and bus OEMs to hydrogen producers and fueling station developers.

PowerTap Hydrogen Capital Corp., through its wholly-owned subsidiary, PowerTap Hydrogen Fueling Corp, is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. 

PowerTap Hydrogen Capital Corp. (MOVE) opened trading at C$0.16.

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