Vancouver, British Columbia–(Newsfile Corp. – May 4, 2023) – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (ESF: FIT) (“FIRST HYDROGEN” or the “Corporation”) announces that it has entered into an agreement with the City of Shawinigan for the acquisition of two lots. First Hydrogen’s allocation plan is to produce up to 35 MW of green hydrogen employing complex electrolysis generation and distribute the hydrogen at the Montreal-Quebec City Hall for use with Hydrogen’s Light Advertising Vehicles (LCVs), as well as other hydrogen vehicles and programs in the province. offer. The meeting plant will be designed for an annual production of 25,000 cars consistent with the year at full capacity. Feasibility engineering and similar site progression activities will begin once the agreements are fully ratified by the Shahinigan City Municipal Government, which is expected to take office in May.
The Company announced in the past that the city of Shawinigan, Quebec, will be the location of its first green hydrogen ecosystem, which will come with green hydrogen production services and the gathering of First Hydrogen’s zero-emission advertising vehicles. In addition to supporting the Government of Quebec’s Bioenergy and Green Hydrogen Strategy, First Hydrogen’s plans are strongly aligned with the long-term Energy Transition Valley Innovation Zone and the Hydrogen Research Institute (IRH) of the Université du Québec à Trois-Rivières. Feasibility engineering will be completed by mid-2024, allowing for the next stages of allocation progression for full allocation publicity through 2026-2027, aligning well with provincial, Canadian and U. S. emissions relief plans.
Balraj Mann, President and Chief Executive Officer of First Hydrogen, said: “Shawinigan is the best position to identify a hydrogen ecosystem. The city and region are very well positioned, with abundant renewable energy resources, emerging business communities and an emerging green energy. “economy. It will also be very important to work heavily with regional education networks to create the skills needed for tomorrow. We are very pleased that Investissement Québec has advised Shawinigan and anticipate that our combined projects will ultimately create many jobs for the region. “
Luc Arvisais, Director of Shawinigan’s Economic Development Department, commented, “After a seamless collaboration between First Hydrogen and our economic progress team, the company has decided to launch its hydrogen production allocation at Commercial Park J. Armand Foucher near Quebec’s main city substations and transmission lines link Shawinigan with vast renewable energy assets in the province. The allocation of the zero-emission vehicle will be located at the Technoparc de l’énergie. Both sites have enough area for the long-term expansion of First Hydrogen’s North American vehicle. and hydrogen production plan.
First Hydrogen Corp. es a company founded in Vancouver and London, UK, focusing on zero-emission cars, green hydrogen production and distribution, and supercritical carbon dioxide extraction systems. through hydrogen fuel cells under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a diversity of more than 400 kilometers. These cars are being tested lately with 16 leading fleet operators in the UK. At the same time, the company unveiled its vehicle design phase as it expands its fleet of clean, zero-emission cars. First Hydrogen is also increasing refueling capacity in collaboration with FEV Consulting GmbH, the automotive consulting corporation of the FEV Group in Aachen, Germany. also opportunities in the production and distribution of green hydrogen in the UK, EU and North America.
On behalf of the Board of Directors of
FIRST HYDROGEN CORP. ” Balraj Mann” Group President and CEO
Contact: Balraj MannFirst Hydrogen Corp. 604-601-2018investors@firsthydrogen. com
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