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NXH Next Hydrogen joins IgniteX Climate Tech program


Canada StockWatch  

 

    Next Hydrogen Solutions Inc (TSX-V:NXH)

    Shares Issued 22,888,436

    Last Close 1/18/2022 $2.85

    Wednesday January 19 2022 - News Release

    Mr. Raveel Afzaal reports

    NEXT HYDROGEN ANNOUNCES COLLABORATION WITH BLACK & VEATCH

    Next Hydrogen Solutions Inc. has been selected by Black & Veatch, a global engineering, procurement, consulting and construction company, to participate in its IgniteX Climate Tech Accelerator program. This program will allow Next Hydrogen and Black & Veatch to collaborate on the development of green hydrogen solutions that have the potential to significantly decarbonize the industrial and transportation industries.

    Next Hydrogen was selected among nearly 100 companies to participate in the program, which provides financing and support to companies on the cutting edge of climate technology.

    Together, Black & Veatch and Next Hydrogen will develop engineered solutions for the production of green hydrogen in industrial uses such as ammonia, steel and cement, and transportation applications such as heavy mobility and off-highway fleets. Next Hydrogen's unique hydrogen technology expertise and Black & Veatch's vast network and engineering leadership will offer an integrated hydrogen solution to clients worldwide to help them achieve their decarbonization and ESG (environmental, social and governance) initiatives.

    About Next HydrogenSolutions Inc.

    Founded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Next Hydrogen's unique cell design architecture supported by 38 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors.

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