AmmPower agrees with the Port of Corpus Christi to provide green hydrogen energy solutions

AmmPower Corp. has entered into a Memorandum of Understanding with the Port of Corpus Christi Authority (“PCCA”) to explore the development of a green hydrogen used as feedstock for green fuel and green derivatives production, storage and distribution facility.

As previously announced on January 10, 2023, AmmPower has been named as one of the Private Sector Partners in the Port of Corpus Christi Authority’s Horizons Clean Hydrogen Hub.

PCCA has emerged as the nation’s preeminent gateway for exporting low carbon energy to international markets due to PCCA’s ability to provide access to a deep draft channel, land for site location and close proximity to renewable energy. PCCA has voluntarily purchased electricity from 100% renewable sources since 2017 and has also been an Environmental Protection Agency Green Power Partner since 2021.

“This is an important step forward for AmmPower to be able to work with the Port of Corpus Christi Authority with the aim of creating one of the leading clean energy ports in the world. The green fuel made with hydrogen feedstock is intended to be produced by AmmPower’s facility and will be used as fuel for next generation ships as well as a medium to transport green energy on a global basis,” said Dr. Gary Benninger, AmmPower CEO and Executive Chairman.

AmmPower is evaluating the feasibility of working with PCCA to explore the development of a large green hydrogen feedstock for green fuel facility, to produce, store and distribute these derivatives for use as a carbon free fuel and a carrier of hydrogen energy. The facility will produce green hydrogen rich derivatives for domestic and export markets. AmmPower possess an expert team, led by Dr. Zhenyu Zhang, whom are global experts in hydrogen feedstock and transfer to green fuel production.

This project, led by Maarten Mobach, President of AmmPower Maritime and long-time industry veteran, will be one of the first renewable energy projects of this scale, at one of the larger working ports in the world. Mr. Mobach states, “having been involved in a number of large port construction and infrastructure projects over the past 40 years, I can truly say this is a remarkable moment. The pivotal shift to green energy is a very important one. This will be the first of many projects in the maritime industry that will help transition towards green energy.”