PowerTap Hydrogen Capital (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) and its wholly owned subsidiary PowerTap Hydrogen Fueling Corp have submitted a municipal siting application for a Northern California site for the installation of its PowerTap Gen3 Unit. The company also announced plans to submit applications for two additional sites next month. Once the applications have been approved, PowerTap will install its Gen3 modular hydrogen production and dispensing units at two gas stations in Humboldt County and one gas station in Monterey County. Humboldt County has the first hydrogen production and dispensing unit in California, which was installed in 2008. According to the announcement, the process of entitlement and construction permit approval typically takes an estimated 14 months from pre-application to the municipality; that process involves planning/site design review and approval, development of construction documents and final construction permitting. Based on that process, PowerTap expects to begin the actual commission and installation process by late 2022.
To view the full press release, visit https://ibn.fm/Bf9xs
About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen, through its wholly owned subsidiary PowerTap Hydrogen Fueling Corp., is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation, blue-hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure. Currently fewer than 100 operational, publicly available hydrogen stations exist in the United States, with most of those stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. For more information about the company, please visit www.CleanPower.Capital.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.
