Q4 HIGHLIGHTS HydrogenPro’s $HYPRO high pressure alkaline technology will enable production of green hydrogen gas @ $ 1,2 per kilo in 2022 !
Versus $NEL target of 1,5 $ for 2025!
High market activity with numerous tenders and projects
• Current contracts moving forward - new initiative announced relating to the Normandy project
• On January 8th, signed a Letter of Intent with Repsol S.A to develop a 100MW project in Bilbao
BOOM don’t let the shorts fool you in $HYPRO this is MAJOR
HYDROGENPRO Pareto updates: HydrogenPro calculates that the high-pressure alkaline electrolysers including its coating technology should yield costs as low as USD 1.2/kg in 2022 – a massive feat, making it competitive with grey already. $hypro $nel $htoo
The company keeps adding key personnel in line with plans. Further, the pipeline now stands at 870 MW, up from ~420 MW in its last update which we find positive. HydrogenPro states that all its parts and components will be produced in Europe and US by 2023, $hypro $htoo $nel
This we believe strengthen the attractiveness and better the access to funding for European/US projects. WE expect Mitsubishi pilot FID in H1 (some delays continue) and remain firm on the Normandy 100 MW project WE REITERATE BUY TP NOK 100.
$hypro $nel $htoo $pcell HYDROGENPRO
If you bought the dip in HYDROGENPRO $hypro today you would be up 12 % already 😉
$htoo $nel $pcell $meta
HYDROGENPRO does not use precious metals in production = price of 1.2 usd per kilogram for its green hydrogen will continue to go down into mass production in 2022