Global Technologies and Tersus Power travel together on “The Hydrogen Highway”, rolling out first 1250Kg per day hydrogen production & dispensing station.
Global Technologies, Ltd (OTC Pink: GTLL) (the “Company”), a holding corporation, which, through its subsidiaries, has operations engaged in the online sales of CBD and hemp-related products, the acquisition of intellectual property in the safety and security space, and as a portal for entrepreneurs to provide immediate access to live shopping, e-commerce, distribution and logistics, is pleased to provide the following update on Tersus Power’s hydrogen production and dispensing station.
As Tersus Power Inc. looks to roll out its first of its kind 1250Kg per day Hydrogen Production & Dispensing Station, what makes it stand above all the other hydrogen generation technologies?
1) Tersus is lowering the barrier to entry into the market by reducing the initial capital investment required to deploy a hydrogen fueling station.
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2) Tersus is reducing the operational cost through intelligent engineering and design by reducing the total maintenance and feedstock requirements while greatly extending the operational life span of its modular system to over 15 years.
3) Ability to produce and dispense hydrogen onsite at a significantly lower price than any known competitor currently in the market today.
4) Onsite translates to eliminating the need and associated high expense of transporting hydrogen from offsite “refineries.”
5) Utilizes “active storage” using two redundant reformation/compression systems in each Hydrogen Production & Dispensing Station.
The Tersus Hydrogen Production Station looks to be a solution to the California Clean Transportation Program. Hydrogen fuel cell electric vehicles are critical to the state’s goal of getting 1.5 million zero-emission vehicles on California roads by 2025. They are also a vital part of the state’s work to achieve its climate change goals, improve air quality, and reduce reliance on fossil fuels.
The California Energy Commission is supporting the adoption of zero-emission hydrogen fuel cell electric cars by expanding California’s network of hydrogen refueling stations throughout the state.
Hydrogen fuel cell electric cars have many advantages over vehicles powered by fossil fuels, including, refuel in less than five minutes at retail stations, produce water vapor, with zero tailpipe emissions and Hydrogen fuel can be sustainably produced, (such is the case with Tersus Power solution).
Michael Rosen, CEO and President of Tersus Power, stated,
Billions of dollars of hydrogen trucks and cars are expected on the market in the next 24 -36 months from incumbents (Toyota, Daimler/Volvo, Hyundai, Hyzon) and upstart Nikola.
“The Hydrogen market is expected to be a $130 billion dollar market in the USA by 2030 and create 700,000+ jobs. Lack of hydrogen fueling stations in the USA (under 70 consumer stations now) is a huge infrastructure opportunity with 1,000s needed in the next 3-5years. Tersus Power is positioned to expand the number of hydrogen fueling stations and fill the gap of demand.”
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Global Technologies, Ltd and Tersus Power Travel Together on “The Hydrogen Highway”, ST. PETERSBURG, Fla., November 22, 2021
