PowerTap Announces T2M as its Engineering and Design Validation Partner
PowerTap Hydrogen Capital Corp. (NEO: MOVE) (OTC: MOTNF) ("PowerTap" or the "Company" or "MOVE") is pleased to announce that it has engaged T2M Global ("T2M") as its engineering and design partner to conduct validation of its Gen3 Modular Hydrogen Production and Dispensing Unit (MHPDU) and to provide final engineering for lower-cost manufacturing with enhanced robustness
VANCOUVER, British Columbia and IRVINE, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp. (NEO: MOVE) (OTC: MOTNF) ("PowerTap" or the "Company" or "MOVE") is pleased to announce that it has engaged T2M Global ("T2M") as its engineering and design partner to conduct validation of its Gen3 Modular Hydrogen Production and Dispensing Unit (MHPDU) and to provide final engineering for lower-cost manufacturing with enhanced robustness.
The demand for hydrogen refueling stations is growing rapidly worldwide promising a multi-billion dollar market. To capitalize on this demand, PowerTap has engaged T2M Global to fast-track initial station delivery. The T2M team, led by Mr. Pinakin Patel, has extensive experience in production of green hydrogen for multiple applications in the USA and Canada. Mr. Patel led the world's first, award-winning Tri-Generation project at Fountain Valley, California, a joint demonstration project between Air Products and FuelCell Energy, that refueled over 5,000 fuel cell vehicles while powering the host site with green electricity.
"We are excited to engage with T2M for rapid deployment of our Gen3 MHPDU leveraging their extensive hydrogen experience," said Raghu Kilambi, CEO of PowerTap, further noting, "T2M's experience will enable PowerTap to take full advantage of the excellent market conditions for blue hydrogen over the next few years, especially benefitting from an already existing infrastructure of natural gas and renewable natural gas." In today's market, a reliable supply chain for modular hydrogen plants is a critical aspect required for the Gen3 MHPDU stations. T2M brings valuable experience in strategic alliances for major green or blue hydrogen components, such as high-pressure steam methane reformers, hydrogen purification for fuel cell use, hydrogen compression for efficient storage and dispensing to heavy duty vehicles, as well as long range light-duty vehicles.
"We are delighted by the PowerTap decision to benefit from T2M Global's extensive network in the hydrogen and fuel cell arena," said Pinakin Patel, President and CEO of T2M. "Our vast experience in fuel cell commercialization, hydrogen production, technology collaborations and supply chain development in the US, Canada, Japan, South Korea, Germany, and Denmark will help PowerTap to accelerate its deployment of hydrogen stations. Our team's prior collaborative experience includes multi-national corporations, such as Haldor Topsoe. BASF, Sempra, Enbridge, Siemens-Westinghouse, Fluor Engineers, NRG, Mitsubishi, Sanyo, Marubeni, POSCO Energy, Daimler-MTU, and ExxonMobil," said Mr. Patel.
