PowerTap Hydrogen Capital Corp has signed a strategic manufacturing and licensing agreement with California-based Capstone Green Energy for the prototype manufacturing of PowerTap’s proprietary 3rd generation hydrogen production and dispensing station. Each PowerTap Unit is modular in design and utilizes PowerTap’s proprietary technology to produce and dispense blue hydrogen onsite.
PowerTap is focused on meeting the large deficiency in hydrogen infrastructure via its unique PowerTap 3 on-site hydrogen production and fueling system. PowerTap’s patented solution includes a compact SMR (Steam Methane Reforming) technology to create on-site hydrogen production versus traditional offsite production methods. As a result of the new strategic agreement, Capstone Green Energy will manufacture the small footprint product for PowerTap for use in fueling stations and as part of Capstone’s distributed energy low emission microgrid solutions. The PowerTap 3rd generation turns natural gas, including renewable natural gas (RNG), into onsite hydrogen and intends to leverage an innovative carbon capture system.
“The PowerTap 3rd generation onsite blue hydrogen production and dispensing system is a unique solution that will drive the deployment of needed hydrogen infrastructure in the United States and abroad. We are pleased to enter into this strategic partnership with Capstone Green Energy, an experienced manufacturer of green solutions for partners globally,” said Raghu Kilambi, CEO of PowerTap Hydrogen Capital Corp.
Concurrent with the commencement of the manufacturing of the PowerTap Units, the company has made initial municipal applications for hydrogen station co-located at existing gas stations in Northern California and plans to take advantage of recently announced new USA federal incentive and funding for hydrogen infrastructure under the recently enacted USA infrastructure bill. In addition, PowerTap will participate in the California Low Carbon Fuel Standard (LCFS) Carbon Credit program. California’s LCFS program provides PowerTap with the opportunity to generate revenue prior to dispensing hydrogen fuel from its units, through the sale of earned LCFS credits on the emission trading markets.