In Arizona, RONN Inc. announced a $300 million purchase agreement with UK-based Hydrogen Horizons Inc. that solidifies RONN’s path toward a robust hydrogen corridor across Canada. Under the terms of this agreement, RONN will acquire proprietary electrolyzers and low-pressure storage systems, equipping the company with up to 500 MWh of hydrogen production capacity. By leveraging Hydrogen Horizons’ innovative technology, RONN said it aims to support wide-ranging hydrogen applications in infrastructure and transportation, aligning with market trends forecasting significant growth in the hydrogen sector. RONN said it is exploring various financing avenues to accelerate deployment, including potential available government lending support. “This $300 million agreement marks a pivotal step toward delivering cleaner energy solutions,” said Mr. Ford, CEO of RONN. “Our focus on hydrogen technologies positions RONN to contribute meaningfully to Canada’s evolving energy landscape.”
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