PowerTap Hydrogen Capital Corp has provided an update on the activities of its wholly-owned subsidiary PowerTap Hydrogen Fueling Corp.
The company said over the past 75 days, that PowerTap Hydrogen Fueling Corp, in conjunction with its technology partner T2M Global, has made good progress in engineering and supply chain validation of the PowerTap Gen3 Modular Hydrogen Production and Dispensing Unit for PowerTap’s plan to establish light-duty and heavy-duty FCEV hydrogen refueling stations.
T2M Global has put several hundred hours of effort into the component supply chain, finalization of its CO2 use and sequestration strategy, and identification of a strategy to fast-track first station delivery of a minimum viable product, the company said.
READ: PowerTap Hydrogen Capital Corp partners with T2M Global to fast-track deployment of hydrogen stations
Further, with PowerTap’s support, T2M Global has developed a response to an invitation-only $4.3 million request for a proposal from the Air Quality Mitigation Fund of the Harbor Community Benefit Foundation (HCBF) for the implementation and/or demonstration of zero or near-zero emissions freight movement technologies.
The T2M/PowerTap proposal characterized a barge-based fuel cell power cold ironing project, including the production of hydrogen, in the Port of Los Angeles.
PowerTap said this was a promising opportunity for a PowerTap station in the Port of Los Angeles, noting that HCBF will announce the grantee by early 2023.
The company also updated investors with respect to station deployments, stating that with the unanimous approval from the City of Fortuna, PowerTap anticipates obtaining building permits for the Fortuna station in 3Q 2023 with construction completion anticipated by 1Q 2024.
For the Carmel Center Station in the County of Monterey, PowerTap said it anticipates obtaining entitlements for the station in 2Q 2023 and building permits in 4Q 2023 with anticipated construction completion by 2024.
PowerTap Hydrogen Capital Corp, through its wholly-owned subsidiary PowerTap Hydrogen Fueling Corp, is focused on installing hydrogen production and dispensing fueling infrastructure in the US.
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