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Vision Hydrogen Corporation (OTCQB:VIHD) (the “Company”) announces the completion of the acquisition of VoltH2 Holdings AG (“VoltH2”), one of Western Europe’s leading developers of hydrogen production facilities and infrastructure.
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The November Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic. U.S. gross domestic product (GDP) declined by 3.4% in 2020 from 2019 levels. This STEO assumes U.S. GDP will grow by 5.4% in 2021 and by 4.2% in 2022.
Canadian energy infrastructure company TC Energy said November 10 it would partner with Hyzon Motors, which supplies hydrogen fuel cell electric vehicles, to develop hydrogen hubs across Canada and the US.
The hydrogen production facilities will be used to meet hydrogen fuel cell electric vehicle (FCEV) demand by focusing on low-to-negative carbon-intensity hydrogen from renewable natural gas, biogas and other sustainable sources.
Fluitron, Inc. ("Fluitron"), an industrial gas compression manufacturer, today announced that it has acquired Bethlehem Hydrogen, Inc. ("BHI" or the "Company"), a manufacturer of integrated hydrogen compression, dispensing, and storage systems. Ara Partners ("Ara"), a private equity firm focused on industrial decarbonization, sponsored Fluitron's acquisition. Terms of the transaction were not disclosed.
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