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Tuesday, 16 November 2021

(TIM) GETECH INVESTS IN BRITAIN

AIM-listed Getech will set up a hydrogen plant in West Sussex under a deal with the Port of Shoreham.

The company, which is expected to announce the project today, will also set up a storage facility.

And it will build new solar panels and wind turbines to power the hydrogen site.

Because it will use renewable electricity, it means Getech will be producing 'green' hydrogen – which is the most environmentally-friendly kind.

The Port of Shoreham will use the hydrogen in its 39 forklift trucks and 12 heavy goods vehicles initially. It will later provide fuel to port and coastal marine vessels.

Getech will do the project via its H2 Green subsidiary, which it bought in April. This is Money - link - TIM - link - more like this - link

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