A Singapore-US Venture Improves its Self-Sustaining H2 Fleet Offering

SINGAPORE, August 29, 2024 ‒ NexusInnovest has established new performance standards as part of its self-sustaining RGH2E Marine HydroCapture platform. As a complete platform, the offtake pricing for energy, water and recoverables reduces the cost of producing renewable hydrogen which is below the commodity price for every classification of hydrogen - which now includes green, blue and grey hydrogen, with or without carbon capture and storage (CCUS) facilities - to streamline grid independent port solutions.

"Our engineering team has responded to the needs of ports worldwide, by increasing the three key offtakes to deliver an optimised carbon-negative yield while ensuring that our product is cost-competitive with any type of hydrogen on the market today," remarked Philip Wong, Chief Scientist and founder of the core technology. "The seaside ports and industrial freight corridors are important to scaling up the use of renewable hydrogen. More significantly, it also resets the trajectory for commercial energy use while meeting national net-zero compliance commitments by 2050."

The RGH2E Coastal 200 Model offers a powerful synergistic approach for port authorities that are seeking both energy and water independence simultaneously. For maritime companies and joint ventures in need of a fleet based solution, the RGH2E HydroCapture platform is now available for purchase in clusters of three (3) barges to accelerate the global energy transition without disruption to delicate coastal ecosystems.

NexusInnovest Pte, Ltd.
16 Raffles Quay #17 - 03
Hong Leong Building
Republic of Singapore 048581
UEN: 202239474H

CONTACT
Mr. Roland Lim +65 9626 1383
press@nexusinnovest.com

At NexusInnovest, our mission is to provide safe, decentralised and renewable hydrogen without greenhouse gas (GHG) emissions, grid dependence or energy subsidies for transitioning economies at every scale. We've developed several innovations in autonomous, carbon-negative hydrogen capture that elevate the process to a new environmental standard while shrinking the at-gate cost for commerce and communities alike.

This release was published on openPR.