Vision Energy Corp. (VIHDD) Develops Carbon-Reduced Solutions for Commercial, Industrial, and Transportation Industries, as It Pursues Landmark Design for First European Terminal
Dec 2, 2022
- The European Green Deal, with the objective to become climate-neutral by 2050, implies a near-total phase-out of fossil fuels in the EU energy system
- Vision Energy signed a cooperation agreement with Linde Engineering to accelerate efforts for its pioneering Green Energy Terminal in the North Sea Port of Vlissingen, the Netherlands
- Engineering efforts under the agreement have commenced and are anticipated to conclude in April 2023, supporting the company’s target to reach a Final Investment Decision by Q3 2023
Hydrogen presents a global opportunity to reduce greenhouse gas emissions due to its high efficiency and zero-or near-zero-emissions operation. The global hydrogen market is expected to grow from an estimated value of $160 billion in 2022 to $263.5 billion by 2027, registering a CAGR of 10.5%. The growth is driven by an increased demand for long-term storage and the rising need to decrease greenhouse gas emissions from hydrogen production methods (https://ibn.fm/mib6x).
Vision Energy (OTCQB: VIHDD), previously Vision Hydrogen Corporation, is a forward-looking energy company developing assets and solutions for the commercial, industrial, and transportation sectors. The company is leveraging its proven track-record in site and asset procurement, accelerating…
NOTE TO INVESTORS: The latest news and updates relating to VIHDD are available in the company’s newsroom at https://ibn.fm/VIHDD
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