CHARBONE Hydrogen Secures Up to $50 Million for Construction Capital Facility
Key Ideas
- CHARBONE Hydrogen signs non-binding term sheet for $50 million construction capital facility.
- MoU with ABB for 15 modular and scalable green hydrogen development.
- Offering Quantum Hydrogen service for professionals in various energy markets.
CHARBONE Hydrogen has recently secured up to $50 million through a non-binding term sheet for the construction of a capital facility. This funding will support the company's initiatives in the hydrogen sector. Additionally, an MoU has been signed with ABB for the development of 15 modular and scalable green hydrogen projects. The company also offers a premium subscription service, Quantum Hydrogen, which provides professionals in the oil, biofuels, carbon, ammonia, and hydrogen markets with daily price assessments, market news, price commentary, and fundamental trade data. This service aims to keep subscribers informed about the latest market trends and developments in the energy sector.