United H2 Limited (“UHL”) has formed a joint venture with an established hydrogen generator manufacturer in Shenzhen, China, which will see it get exclusive global rights to sell hydrogen generators across the world, the company announced.
The generators will have a power range of up to 135kW — increasing to 1MW in the next 9-12 months — which can support large industrial sectors, such as oil & gas, mining, construction, agriculture, manufacturing and other remote communities/sites.
PWRH2 is currently seeking off-takers and country-specific distributors/retailers, as it prepares to begin delivering products to market in Q1 CY24.UHL is targeting $US500m in revenues in year three and will seek to take PWRH2/PHGL public on a global securities exchange within the next 24-36 months.
Photo courtesy of UHL
Press release https://is.gd/BsFMn0
