PowerTap Hydrogen Capital (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) has announced a new advisory board member. Pinakin Patel is CEO of Advanced Electrolyzer Systems (“AES”), of which PowerTap has 49% ownership. Patek also cofounded T2M Global, a company focused on bringing technology to market. T2M Global had a portfolio of about a dozen companies that specialize on advanced hydrogen energy, hydrogen fuel cells and Waste-to-Value. According to the announcement, T2M Global is providing the foundation for the commercialization of PowerTap and AES hydrogen technologies. Patel has worked in the hydrogen and fuel cell industry for more than four decades, establishing an impressive reputation as he has been involved with a $600-plus million R&D/advanced technology portfolio that includes more than 30 patents and 200 invited presentations and papers. He has also pioneered a trigeneration technology used in an $18 million public-private project involved in the coproduction of green hydrogen, clean power and heat at a Fountain Valley, California, waste-water treatment plant. Led by Air Products and Chemicals Inc., the world’s largest manufacturer of hydrogen, the project also includes Fuel Cell Energy Inc., the University of California at Irvine, the US Department of Energy, and several California state agencies. “We are ecstatic to have Pinakin on our advisory board with his extensive experience and leadership in the hydrogen industry to head up the effort to commercialize AES and other related hydrogen technologies,” said PowerTap Hydrogen Capital Corp. CEO Raghu Kilambi in the press release.
To view the full press release, visit https://ibn.fm/2XjUd
About PowerTap Hydrogen Capital Corp.
PowerTap Hydrogen, through its wholly owned subsidiary PowerTap Hydrogen Fueling Corp., is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation, blue-hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen-fueling infrastructure. There are currently fewer than 100 operational, publicly available hydrogen stations in the United States with most of the existing stations purchasing industrial hydrogen from industrial manufacturers and shipping hydrogen to individual stations via tanker trucks. For more information about the company, please visit www.PowerTapCapital.com.
NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at http://ibn.fm/MOTNF
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