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Green Stock News episodes

  • Cloud Nine Web3 (OTC:CLGUF) Strengthens Board with the Addition of former Executive of PayPal Asia
    Cloud Nine Web3 Technologies (CSE: CNI) (OTC: CLGUF) Strengthens Advisory Board with the Addition of former Executive of PayPal Asia & CEO of GLOCONTECH

    * Richard Oh, a former executive at PayPal Asia, and Eric Sim, CEO of GLOCONTECH, will join Cloud Nine’s Advisor, Shin-Young Park, CEO of WePay Korea, to develop and advance Cloud Nine’s Limitless Real-Time Coin Payments and Blockchain Payment Gateway.

    * Limitless combines Real-Time Coin Payments (Conversion Platform) and Blockchain Payment Gateway (PG), supporting various payment integrations such as Visa and Mastercard.

    * By combining a Payment Gateway, POINT Development and Distribution Technology, Crypto Payment Systems, and Blockchain Real-Time Payments, Cloud Nine will enable users to access their data in a truly distributed fashion.Cloud Nine Web3 Technologies Inc. (“Cloud Nine” or the “Company”) (CSE: CNI) (OTC: CLGUF) (FSE: 1JI0), is pleased to announce that it has appointed Richard Oh, a former executive at PayPal Asia, and Eric Sim, CEO of GLOCONTECH, as Strategic Advisors.

    According to Grand View Research, the global digital payment market size was valued at USD 58.30 Billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 19.4% from 2021 to 2028.

    Richard Oh, a former executive at PayPal Asia, spent over 18 years establishing PayPal’s payment network around the world, including Latin America, Africa and Asia. He also led key partnerships in the region, including partnerships with Visa, MasterCard, Amex, UnionPay, Citibank and Bank of America, as well as partnerships with Korea and Hana Bank and Shinhan Card. Richard has also been an advisor to start-ups focused on payment, Blockchain, social commerce and the trend industry of Artificial Intelligence (AI).

    Eric Sim, CEO of GLOCONTECH, has decades of international experience in global payment technology, credit management, banking and investment. He is a network, database design engineer, and project manager, currently running IT platform consulting firms, including payment, finance and media industries. Eric is a pioneer in the cross-border payment and remittance platform industry.

    GLOCONTECH has partnerships with PayPal, Fiserv, NHNKCP Korea, Hana bank Korea, NAB bank Australia, Asia Pay, China Union Pay, Financial House UK, Rakuten Japan, Western Union EU and many other global financial institutions.

    Richard and Eric will join the Company’s strategic advisor, Shin-Young Park, CEO of WePay Korea, and work together with the senior team at Cloud Nine to develop and advance the Company’s Limitless assets which include:

    * Issuance of a Limitless Coin and listing on an Exchange/Distribution
    * Limitless Global PG System Development
    * Limitless APP Development / Integration with a credit card
    * Real-Time Conversion Blockchain System Development (Integration with Limitless Pay)
    * Sports Coin Betting Games / Poker Hold’em (Self-Operated)
    * Establishment of Limitless Pay Network
    By combining a Payment Gateway, POINT Development and Distribution Technology, Crypto Payment Systems, and Blockchain Real-Time Payments, Cloud Nine will enable users to access their data in a truly distributed fashion.

    “I am thrilled to be joining the team at Cloud Nine to help accelerate the development of their innovative products,” said Richard Oh, former executive at PayPal Asia. “There is so much work to be done in the payment space, and together we have a great opportunity with Cloud Nine to pursue a future where everyone has access to advanced payment solutions.”
    CLOUD NINE WEB3 TECHNOLOGIES INC.

    About Cloud Nine Web3 Technologies Inc.

    Cloud Nine Web3 Technologies is a technology company focused on incorporating emerging technologies into its current platforms leveraging Web 3.0. Cloud Nine’s mission is to fuel innovation and make...
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    5 min
  • Solar is Growing & Green Stock Investors are looking for new opportunities like iSun (Nasdaq: ISUN )
    Solar is Growing & Green Stock Investors are looking for new opportunities like iSun (Nasdaq: ISUN )

    With the solar power industry growing rapidly in the United States, investors are looking for new opportunities to identify companies that could ride the growing solar wave over the next decade.

    According to the US Energy Information Administration, solar will account for 39% of all new US electricity generation capacity brought online in 2021, surpassing wind for the first time ever. Going forward, industry experts expect the U.S. solar market to install nearly 100 gigawatts of solar between now and 2025 alone.

    Let’s take a look at some of the companies leading the solar revolution..
    First Solar is a leading global provider of comprehensive photovoltaic solar energy solutions, which use its advanced module and system technology. The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy solutions protect and enhance the environment. For more information visit https://www.firstsolar.com.

    SunPower Headquartered in California's Silicon Valley, SunPower is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while also providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com

    Canadian Solar, founded in 2001 in Canada, is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar PV modules and developer of utility-scale solar power and battery storage projects. Over the past 19 years, the company has successfully delivered over 52 gigawatts of premium-quality, solar photovoltaic modules to customers in over 150 countries. The company has been publicly listed on the NASDAQ since 2006. For additional information about the Company visit www.canadiansolar.com.

    iSun, a leading solar energy and clean mobility infrastructure company with 50 years of construction experience for solar, is ranked by Solar Power World as one of the leading commercial solar contractors in the United States. iSun provides solar energy and clean mobility infrastructure to customers in a range of projects from smart solar mobile phone and electric vehicle charging stations to multi-megawatt renewable energy solutions.

    Recently, iSun announced a $1.5 million strategic investment in Gemini Electric Mobility as well as a $1 million investment in Nad Grid Corp. These investments establish strategic relationships to drive future opportunities to install, own and operate large networks of EV charging stations with high utilization. The investment also provides iSun with access to software development capabilities necessary for EV charging services.
    iSun’s innovations have been recognized by the Solar Impulse Foundation as one the globe’s Top 1000 Sustainability Solutions. Because of this recognition, iSun is now being presented to hundreds of government entities around the world, including various municipal, state and federal agencies in the United States.

    Since entering the renewable energy market in 2012, iSun has installed over 200 megawatts of rooftop, ground mount and EV carport solar systems. Shares of iSun trade on the NASDAQ under the symbol ISUN. For more information visit www.isunenergy.com

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    7 min
  • Green Stocks Explained by Green Stock News
    Green stocks are companies that invest in environmentally friendly alternative-energy sources. The category is broad and can include wind power stocks, solar power stocks, geothermal and wave power. ... Green stocks often need a long time to develop in light of high start-up costs and uncertain government subsidies.
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    Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media.

    Subscribe to our channel for Daily Green Stock News.
    https://www.greenstocknews.com
    1 min
  • Lion Electric Company(NYSE: LEV) announced that First Student is ordering 260 electric school buses- Featured by Green Stock News
    First Student, the largest student transportation provider in North America, and the Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today jointly announced that First Student is ordering 260 all-electric LionC school buses.

    This is the largest order of school buses by a single customer in Lion's history. The order will make First Student the largest operator of zero-emission school buses in North America. Deliveries will take place beginning in the second half of 2021 through the first half of 2023. The buses will be used by Transco, First Student's subsidiary that operates in Quebec.

    "Today marks a new step in the adoption of zero-emission school buses," said Marc Bedard, CEO and Founder of Lion. "First Student's leadership demonstrates that zero-emission technology is here to meet the needs of the market at scale, as is our production capacity – we are not talking about pilot programs, but rather entire bus fleets going electric, with vehicles that meet the daily requirements of the industry's largest operators."
    The company already operates a number of Lion all-electric school buses. As part of the purchase, the LionEnergy team will strategically work with First Student for the selection and installation of necessary infrastructure so that the operator can adequately scale its zero-emission operations.

    Over the last decade, Lion has established itself as a leader in the zero-emission heavy-duty vehicle industry, having delivered over 390 all-electric heavy-duty vehicles in North America with over 7 million miles driven since 2016. All of Lion's vehicles are purpose-built for electric propulsion from the ground up, and are manufactured at Lion's North American facility, which has a current capacity to produce 2,500 electric trucks per year.

    About Lion Electric

    Lion Electric is an innovative manufacturer of zero-emission vehicles. The company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit and mass transit segments. Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies.

    Always actively seeking new and reliable technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life. Lion shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LEV.

    Lion Electric, The Bright Move
    www.Thelionelectric.com

    About First Student
    As the leading school transportation solutions provider in North America, First Student strives to provide the best start and finish to every school day. First Student completes five million student journeys each day, moving more passengers than all U.S. airlines combined. For more information, please visit www.firststudentinc.com.

    Read Full Press Release.
    https://greenstocknews.com/news/nyse/...

    Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media.

    Subscribe to our channel for Daily Green Stock News.
    https://www.greenstocknews.com
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    5 min
  • FluroTest (OTCQB: FLURF) Clinical Trial Update for High Volume COVID-19 Rapid Antigen Testing System
    FluroTech Ltd. (TSXV: TEST) (OTCQB: FLURF) and wholly owned subsidiary FluroTest Diagnostics Systems ("FluroTest" or The Company), a diagnostics technology leader in high output rapid antigen testing for the detection of SARS-CoV-2 and other pathogens, today announces the next phase of its ongoing clinical trials with its trial partner Toolbox Medical Innovations ("Toolbox").

    The Company is pleased to report that approximately 600 volunteer participants, including both symptomatic and asymptomatic individuals, are being identified from six clinical site locations across California, Texas, Colorado, Rhode Island and Florida (with two sites) to determine performance detection results alongside a comparator RT-PCR assay. The data collected from this and the upcoming pilot program with California-based Total Testing Solutions (previously announced in the Company's news release dated May 3, 2021) will be used to support submissions for Emergency Use Authorization ("EUA") from the U.S. Food and Drug Administration ("FDA") and Health Canada for an Interim Order Authorization.
    Dr. Melina Cimler, Ph.D., CEO and Founder of PandiaDx LLC, remains actively engaged by FluroTest for regulatory guidance and services. A senior quality, regulatory, and in vitro diagnostic device expert with more than 30 years of experience in the life science and FDA-regulated diagnostic industry, Dr. Cimler is in close contact with key decision makers and is monitoring recent testing initiatives such as the Biden Administration's proposal to spend $10 Billion USD to carry out COVID-19 testing to help speed school reopenings and maintain normal attendance levels. FluroTest's technology is particularly suited to such initiatives and remains one of its target markets.

    "I am exceptionally proud and excited by the results that our team, including an A-list partner and advisor network, have produced over the course of the last few months in particular," said Bill Phelan, CEO, FluroTest Diagnostics Systems. "Navigating the evolving new normal requires innovative high throughput approaches that provide business and societal benefits on a world-wide scale. Despite global supply chain challenges, evolving regulations, and a society and economy in flux, we are still on track for meeting our targets for regulatory submissions and full-scale commercialization in Q2/Q3 2021. I believe FluroTest will soon emerge as society's point of access testing standard, and our supporters will benefit as a result."

    FluroTest's high-volume antigen system is designed to facilitate very fast and accurate point of access testing of individuals by leveraging the disciplines of robotics automation, biochemistry, fluorescence detection and cloud computing. High-risk pandemic environments supported will include athletic stadiums and performance venues, airline and cruise ship terminals, corporate campuses, manufacturing facilities, schools and colleges, hospitals and large healthcare facilities, transportation and distribution hubs and other large businesses.
    Readers are cautioned that, although FluroTest has achieved proof of concept prototype, the testing method and device is still in the pre-approval stage and accordingly FluroTest is not currently making any express or implied claims that the technology can, or will be able to, accurately detect the COVID-19 virus.

    About FluroTech (TSXV: TEST) (OTCQB: FLURF)
    The goal of FluroTech's research and technology is to develop detection methods which are high speed, sensitive, specific and easy-to-use. By combining FluroTech's proprietary spectroscopy-based technology with laboratory robotics automation and cloud computing, FluroTech, through the application of its technology and investment in FluroTest Diagnostics Systems Ltd. ("FluroTest"), the interests in which have been disclosed in previous press releases, has created a unique solution addressing the current and future...
    4 min
  • Entheon Biomedical (OTC:ENTBF) CEO Timothy Ko | Corporate All-Access Interviews | Green Stock News
    Today on the show we welcome Timothy Ko, CEO of Entheon Biomedical (OTC:ENTBF)

    When it comes to treating addiction, the rate of success is so low that society has been conditioned to accept – and even expect – failure. This manner of thinking is both unacceptable and counterproductive. There is a need for an alternative approach, that addresses the human cost of addiction for individuals, families and society at large.


    Entheon Biomedical is pioneering a leading-edge addiction recovery solution that harnesses and optimizes the therapeutic potential of the DMT molecule. Entheon exists to invert the addiction-recovery ratio, turning the ‘untreatable case’ and ‘lost cause’ from the norm to the exception.

    Entheon Biomedical (CSEE: ENBI | OTC:ENTBF) is a biotechnology company committed to the legal development of safe & effective psychedelic medicines in order to provide patients with access to evidence-based treatments for addiction disorders.

    Entheon Biomedical is a psychedelic research and drug development company focused on treating substance abuse disorders. We are addressing the lack of treatment options available to those suffering from addiction. Psychedelics have a long history in the treatment of addictive disorders[2], and we are working alongside a growing community of scientists and medical professionals to dispel and overcome the many misconceptions with respect to the clinical use of psychedelic medicines.

    Entheon Biomedical is investing in research with the aim to legally develop and commercialize a portfolio of psychedelic therapeutic products for the treatment of addictive disorders.

    https://entheonbiomedical.com/​

    Entheon Biomedical is a publicly traded company with stock symbol ( ENTBF on the OTCBB, and ENBI on the CSE )

    1. Why should investors look into your company?

    2. What makes DMT your company’s chosen molecule.

    3.What excites you about the work you do and what excites you about the future?


    For more information on Entheon Biomedical and for their stock quote. Visit their website at www.entheonbiomedical.com


    And don’t forget to check out Green Stock News @ www.greenstocknews.com
    12 min
  • FuelCell Energy (NASDAQ: FCEL) Investor Overview | Green Stock News
    Today we’re going to take you on a short journey through the operations of a global leader in the design, manufacturing, and service provision of a complete line of energy efficient, fuel cell power plants.

    If you have never heard of such a thing before, you’re in for a treat. Let’s go.

    Some History/Background

    FuelCell Energy (NASDAQ: FCEL) was founded all the way back in 1969 and over time (a long time, as the company did not become publicly until 1992) it has developed and refined a full-line of SureSource power plants based on carbonate fuel cell technology, more commonly known as Hydrogen Power.

    While hydrogen power is nothing new, as the basis for the technology (hydrogen fuel cells) have been known since the 1800’s. However, high-temperature carbonate fuel cells are widely recognized as the cleanest and most efficient power generation option for both commercial and industrial customers.

    With more and more countries, jurisdictions, and businesses looking to reduce their carbon footprints and jump on the ESG (environmental, social and governance) investing bandwagon, the future has never been more promising for FuelCell and its clean distributed power source.

    A Business Overview of FuelCell

    Since SureSource power plants are directly sold to commercial customers, utilities, and governments so you aren’t likely to hear about FuelCell Energy like you would a consumer product or service company, such as Tesla or McDonald’s, despite its 50 plus year history.

    However, its overall impact on our lives could be similar or even greater. This is why we are telling you about FuelCell today. The company has produced well over 10 million-megawatt hours of clean electricity since commercializing its first product 17 years ago.

    The one big question every investor should be asking is: can hydrogen cells produce enough power to meet the needs of large scale business applications and entire power grids?

    Let’s see how far along in this process FuelCell is.

    Quick & Dirty Financials At a Glance

    - Revenue for fiscal year 2020 (ended on Oct. 31) was US$71m. With first quarter 2021 top line revenue coming in at US$14.9m compared to US$16.3m a year ago, so just slightly below last year’s pace.

    - The loss from operations was $14.4m compared to $3.1m

    - Cash flow from operations, which is generally a better measure of profitability than Income from Operations, was also in the red.

    - Given that FuelCell is not a startup (far from it) it would have been nice to see more progress i.e. greater profitability rather than a revert back to the red, but here are a few notable things which FuelCell is working on to reverse this trend and get back into the black.

    News/What’s Next

    - FuelCell entered into a power purchase agreement for a 2.8 megawatt (“MW”) project in Derby, Connecticut with United Illuminating in February.

    - The company continued to make progress on projects, including nearing completion on new power platforms at the U.S. Navy Base in Groton, Connecticut and at their wastewater treatment facility in San Bernardino, California.

    - The company’s President & CEO Jason Few stated that “recent weather events in Texas along with electric grid reliability challenges experienced in other locations such as California, Greece, the UK, and around the world, highlight the benefits and capabilities of our platform”.

    Overall, if you can look past the near-term unprofitability to look at the long-term potential of the company’s projects and their implications on our energy future, it may be worth placing a bet on.

    For more information, visit their website, https://www.fuelcellenergy.com

    Thank you for watching Green Stock News. Please leave a like and...
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    5 min
  • Tilray Inc (NASDAQ: TLRY) Aphria Inc (NASDAQ: APHA) Announce the “New” Tilray| Green Stock News
    Tilray, Inc. (Nasdaq: TLRY) and Aphria Inc. (APHA) today announced the completion of business combination, ushering in a new era in the global cannabis industry. The combined company, which will operate as Tilray, brings together two highly complementary businesses to create the leading cannabis-focused consumer packaged goods (company with the largest global geographic footprint in the industry. The combined company had a market cap of approximately US$8.2 billion.

    Irwin D. Simon, the Company’s Chairman and Chief Executive Officer, commented, “Our focus now turns to execution on our highest return priorities including business integration and accelerating our global growth strategy. Tilray is poised to strike and transform the industry with our highly scalable operational footprint, a curated portfolio of diverse medical and adult-use cannabis brands and products, a multi-continent distribution network, and a robust capital structure to fund our global expansion strategy and deliver sustained profitability and long-term value for our stakeholders.”

    Mr. Simon continued, “Our global team is laser-focused on turning potential into performance and addressing consumer and patient needs for safe, innovative, and high-quality products.

    We expect that the business combination will provide, among others, the following financial and strategic benefits:

    World’s Largest Global Cannabis Company. The combination of Aphria and Tilray brings together two highly complementary businesses to create the leading cannabis-focused CPG company with the largest global geographic footprint in the industry.

    Strategic Footprint and Operational Scale. We believe that the Company has the strategic footprint and operational scale necessary to compete more effectively in today’s consolidating cannabis market with a strong, flexible balance sheet, strong cash balance, and access to capital, which we believe will give the Company the ability to accelerate growth and deliver long-term sustainable value for stockholders.

    Substantial Synergies. The Company expects to deliver approximately US$81 million (C$100 million) of annual pre-tax cost synergies within eighteen months and plans to achieve cost synergies in the key areas of cultivation and production, cannabis and product purchasing, sales, and marketing, and corporate expenses.


    About Tilray

    Tilray Inc. is a leading global cannabis-lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is changing people's lives for the better – one person at a time – by inspiring and empowering the worldwide community to live their very best life by providing them with products that meet the needs of their mind, body, and soul and invoke a sense of wellbeing.

    For more information visit www.tilray.com

    Read the full press release:

    https://greenstocknews.com/news/nasda...​


    Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media.

    Subscribe to our channel for Daily Green Stock News.

    Green Stock News for the New Green Economy.
    https://www.greenstocknews.com​

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    5 min
  • Green Stock News Alert | Affinor Growers (OTC:RSSFF) to Use TESLA (NASDAQ: TSLA) as Energy Provider
    Green Stock News Alert | Affinor Growers $RSSFF to Use #TESLA $TSLA

    https://youtu.be/FY0LbAXfbYg

    #solar #energy
    Affinor Growers (CSE: AFI; OTC: RSSFF) is pleased to announce it has chosen TESLA (NASDAQ: TSLA) as the alternative energy provider for the company’s vertical growing operation. The solar PV system will offset electrical consumption, lowering operations costs throughout the year.

    Outfitted with Affinor’s patented vertical farming technology, the company’s 15,000 sq ft greenhouse is scheduled for lettuce and strawberry production this summer. A license application to Health Canada for a cannabis micro cultivation operation within a walled off section of the greenhouse is also expected this summer. In addition to lower energy costs, TESLA Power Walls will completely support the water irrigation system and ensure continuous power during outages so watering cycles will not fail and crop loss risk is minimized.

    Affinor’s alternative energy program is especially important as the company grows across Canada and works toward full ESG compliance. The company is sustainably feeding the world with automated vertical farming technology soon to be powered by TESLA’s alternative energy products, along with composting technology for onsite soil remediation.

    The company’s mission is to serve the world with sustainable agricultural technology and QA growing processes, with no compromises on quality. Local food production and national self-sufficiency are working through different economies around the world as the demand for fresh food grows exponentially.

    Nick Brusatore CEO stated: “This vision of sustainability through combined technology is an honor to be part of. Our Abbotsford operation is the culmination of decades of research and technology development. I believe we are finally getting to the core and addressing the true economics required for sustainable, automated, mass production of food and plants.”

    About Affinor

    Affinor is a publicly traded company listed on the CSE under the symbol “AFI” and on the OTCQB under the symbol “RSSFF”.
    Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits, vegetables, and cannabis in a sustainable manner.

    Read the full press release:
    https://greenstocknews.com/market-dat...​


    Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media.

    Subscribe to our channel for Daily Green Stock News.
    https://www.greenstocknews.com
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    4 min
  • Capstone Green Energy Corporation (NASDAQ:CGRN) Outlines Its Ongoing Hydrogen Development Program | Featured by Green Stock News
    Capstone Green Energy Corporation (NASDAQ:CGRN) Outlines Its Ongoing Hydrogen Development Program and Pursuit of External Funding Opportunities

    Capstone Green Energy Corporation (NASDAQ:CGRN) 

...a global partner in carbon reduction and on-site resilient green energy solutions, today outlined its ongoing organic hydrogen product development goals and recent pursuit of external research and development funding via multiple government cost share programs. This new focus and initiative are driven by momentum in the hydrogen economy that is advancing a broad range of technologies as well as longer-term infrastructure planning.

Capstone Green Energy has developed patented technology for the use of hydrogen, and works closely with these agencies in its determination to provide smarter energy solutions for a cleaner energy future.

"We continue to explore the ever-changing energy landscape for complementary partners, technologies, and applications that enable carbon reduction goals to be achieved. Hydrogen product development, hydrogen conversion technologies, hybrid systems, microgrids, and thermal storage are all energy areas that Capstone is currently pursuing," said Capstone Green Energy CEO 


    Hydrogen Background

Hydrogen is not naturally abundant and therefore must be created directly, or as a byproduct of another process. The predominant method that accounts for nearly all commercially produced hydrogen is steam reforming of natural gas.   Blue Hydrogen is formed the same way, but the produced carbon is captured and sequestered.  Green Hydrogen is created by power generated from carbon-free energy resources such as wind, solar or maybe even small modular nuclear reactors.
    Green Hydrogen Development

Green hydrogen is experiencing a global resurgence and has been identified as a clean energy source that could bring the world to net-zero emissions in the coming decades. The Biden administration is promising that the U.S. will be able to access Green Hydrogen at the same cost as conventional hydrogen within a decade as part of the President's proposed Clean Energy Plan.  
    "Today, Green Hydrogen is believed by many to be the holy grail of carbon-free baseload power generation. If it can be made economically, and if it's infrastructurally feasible, hydrogen-fueled CHP could revolutionize the energy industry," added Mr. Jamison. "The idea is not new, as hydrogen was initially touted in the U.S. during President George W. Bush's first term, when it was nicknamed the ‘freedom fuel.'" 

Capstone Green Energy is continuing to expand and develop its new Hydrogen Solutions business line.  In addition to its current organic research and development efforts, Capstone Green Energy stated today that it is aggressively pursuing additional funding opportunities. 

    Don Ayers, Senior Director of Engineering and Quality at Capstone Green Energy stated: "Natural gas utilities around the world are looking at blending hydrogen into pipelines, not just to fuel power plants or industrial processes, but also to serve homes and businesses. While early-stage tests are keeping hydrogen concentrations below 20 percent, several utilities hope to carry 100 percent hydrogen in future years as part of the emphasis on finding green replacements for fuel supplies as well as electricity."
    

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ: CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals.  

    Read the full press release: 
    4 min

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Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and…