Powertap Hydrogen Capital Corp. said zoning application for its first Andretti station located in Fortuna in Humboldt County, California is moving forward, with the initial public hearing scheduled for May 2022.
The company said in an update of the zoning approval process that the Powertap team is gearing up for full participation in the hearing following some delays due to COVID-19 constraints.
Powertap expects construction of the station, which incorporates a Powertap Gen3 modular blue hydrogen production and dispensing unit (MHPDU), to follow soon after permits are granted in Q3/Q4 2022.
"We continue to make progress in our goal to build the Powertap hydrogen highway," Powertap CEO Raghu Kilambi said in a statement.
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Powertap said it has engaged T2M Global to complete the final prototype engineering for manufacturing the Gen3 MHPDU based on T2M's technology development, commercialization, strategic advisory and business/supply chain development services.
The T2M team has best in-class engineers, with depth and significant expertise in hydrogen, specifically the critical technical areas of heat transfer, compression, and storage, as well as station deployment, it noted.
T2M will work with its contract manufacturer Capstone Green Energy to develop and deploy a world-class Powertap manufacturing process in Capstone's facilities.
Separately, on Powertap's supply of renewable natural gas (RNG) or biomethane for production of hydrogen through the Gen3 MHPDU, the company has established a non-binding letter of intent with an RNG vendor to supply RNG through 2027 at very competitive pricing as it pursues its plan to deploy blue hydrogen MHPDUs across California and beyond.
“The RNG vendor has agreed, through its project partners, to provide RNG that would provide a total carbon intensity of zero or less in a blend of 41% RNG to 59% fossil fuel natural gas required to produce hydrogen through the Gen3,” it said. “It is this blend of RNG that enables Powertap to maximize the carbon credits it expects to earn via the State of California Low-Carbon Fuel Standard program.”
Powertap, through its wholly-owned subsidiary, Powertap Hydrogen Fueling Corp is focused on installing hydrogen production and dispensing fueling infrastructure in the US. Powertap's patented solution has been developed over 20 years, and it is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets.
Contact the author at jon.hopkins@proactiveinvestors.com