The Company is in discussions with a super major oil company (the “Super Major”) to jointly develop a Blue Hydrogen project at the Company’s Pecos County, Texas site. The Project plans to utilize a portion of the Super Major’s 2 billion cubic feet per day natural gas production and transportation from the area to produce hydrogen utilizing a steam methane reformer technology along with carbon capture.
The Company has entered an [MOU] with Peru’s principal electric power distribution company, Luz del Sur, committing to develop a Green Hydrogen project to produce up to 55 tons per day of hydrogen, requiring 160 MWe of constant and certified renewable power load. The Company will use its Siemens Energy Electrolyzer FEED template and adapt it for Peru.
The Company has identified sea-based land assets in Tangier Morocco and is in negotiations for the supply of 160MWe of certified renewable power with local utility Nareva. The Company’s international partners for the Cordoba Argentina project are also its partners for the Tangier project.
The Province of Tierra del Fuego and the Company announced the potential joint development of a green hydrogen project in the Río Grande, Tierra del Fuego area powered by wind energy. The Company has signed an MOU with Siemens Energy to adapt the Green H2 electrolyzer FEED Study completed for Pecos County to this Project. In addition, the Company has a MOU with Siemens Gamesa as the technology provider for the wind energy.
This planned project will be a parallel plant in Pecos County, which plans to utilize the proprietary electrolyzer technology of a major international technology partner. The facility will utilize solar power, with water purification, to produce up to 50 tons of hydrogen production per day.
