Hyzon Motors, TC Energy In Hydrogen Production Hub Agreement
11 November 2021 - 1:34AM
Dow Jones News
By Michael Dabaie
Hydrogen-powered fuel cell electric vehicles company Hyzon
Motors Inc. and TC Energy Corp. said they would work together on
hydrogen production facilities across North America.
The hydrogen production hubs will be used to meet hydrogen fuel
cell electric vehicle demand by focusing on low-to-negative carbon
intensity hydrogen from renewable natural gas, biogas and other
sustainable sources, the companies said.
The companies will evaluate sites to develop hydrogen production
facilities aimed at hydrogen delivery to fuel heavy duty vehicles.
The hubs will be prioritized near existing and potential customer
demand, with a goal to produce up to 20 tons of hydrogen per hub
per day.
TC Energy will operate the hubs, supply the power and gas
commodities, and provide asset development, management services,
and power and gas sales marketing.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
November 10, 2021 09:19 ET (14:19 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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