HEX - analytiker: Lagring av energi kan gå 75 ganger'n

Rect Angel
HEX 20.08.2022 kl 21:13 104099

TICKERE: HEX og HPUR


- Ingen industri i verden er posisjonert til å vokse så mye så raskt, sier analytikeren.

HEXAGON GROUP == HEXAGON COMPOSITES + HEXAGON PURUS == LAGRING OG MELLOMLAGRING AV ENERGI. BEGGE SELSKAP HAR STERK TILSTEDEVÆRELSE I USA. BEGGE ER GLOBALT MARKEDSLEDENDE INNEN SINE FORRETNINGSOMRÅDER. HEXAGON COMPOSITES EIER 38.40% AV AKSJENE I HEXAGON PURUS.

Overlater til enhver selv å vurdere analytikerens betraktninger og sammenholde disse med uttalelsen jeg siterer CEO i Hexagon Composites og styrelemedlem i Hexagon Purus Jon Erik Engeset på. Engeset uttalte det man kan lese nederst i trådstart i forbindelse med presentasjonen av Hexagon Composites' Q2 2022, 11.august.


The U.S. Senate Just Freed Energy Storage Stocks to Soar 75X

To our knowledge, no other industry in the world is positioned to grow this much, this quickly

By Luke Lango, InvestorPlace Senior Investment Analyst Aug 9, 2022, 10:46 am EDT
...
Yep. You read that right. It’s not a typo. Thanks to the Senate’s recent move, a certain group of stocks could soar 75-fold over the next several years. It would turn every $10,000 investment into a $750,000 payday.

It sounds too good to be true. I know. But it’s not. This legislation is truly historic — and it’s about to light a fire under an already red-hot hypergrowth tech industry.

The best stocks in that industry could be your golden tickets. They’re stocks that could make legends out of ordinary investors and fortunes out of small investments.

https://investorplace.com/hypergrowthinvesting/2022/08/the-u-s-senate-just-cleared-the-way-for-energy-storage-stocks-to-soar-75x/


“Looking ahead, we believe that the US Inflation Reduction Act and the European Commission’s REPower EU, as well as similar programs in other major economies, will drive Hexagon’s total addressable market to new levels,” says Engeset.

https://www.globenewswire.com/news-release/2022/08/11/2496331/0/en/Hexagon-Composites-ASA-Second-quarter-2022.html


Edit) Kom ikke frem at det er Engeset som står bak sitatet nederst. Nå er "says Engeset" på plass.
Redigert 06.02.2024 kl 15:35 Du må logge inn for å svare
Slingsby
15.12.2022 kl 01:37 13182

Takk for dine informative innlegg om HEX og HPUR, Rect Angel!
Rect Angel
14.12.2022 kl 23:06 13178

Hexagon Composites og Hexagon Purus.

Man kan som aksjonær trygt slippe jubelen løs for dette!

Økt satsning på biometan og hydrogen på toppen av EUs prioriteringsliste når det gjelder fremtidens energisatsing/-kilder (*) innen unionen!


Council of the EU

Press release
14 December 2022, 04:45

EU recovery plan: Provisional agreement reached on REPowerEU

The EU is accelerating the end of its dependence on Russian fossil fuel imports. Negotiators of the Council and the European Parliament have reached a provisional agreement on the REPowerEU proposal which aims to strengthen the strategic autonomy of the Union by diversifying energy supplies and boosting the independence and security of the Union’s energy supply. The agreed text is subject to approval by the Council and the European Parliament before undergoing the formal adoption procedure.

In practical terms, member states will be able to add a new REPowerEU chapter to their national recovery and resilience plans (RRPs) under NextGenerationEU, in order to finance key investments and reforms which will help achieve the REPowerEU objectives.
The scope of the chapters is further clarified and will include, among others:

boosting energy efficiency in buildings and critical energy infrastructure

decarbonising industry

increasing production and uptake of sustainable biomethane, and renewable or fossil-free hydrogen

increasing the share and accelerating the deployment of renewable energy

improving energy infrastructure and facilities to meet immediate security of supply needs for gas, including liquefied natural gas (LNG), notably to enable diversification of supply in the interest of the Union as a whole

oil infrastructure and facilities necessary to meet immediate security of supply needs may be included in the REPowerEU chapter of a member state that has been subject to the exceptional temporary derogation due to its specific dependence on crude oil and geographical situation

addressing energy poverty

incentivising a reduction of energy demand

addressing internal and cross-border energy transmission and distribution bottlenecks

supporting electricity storage

accelerating the integration of renewable energy sources

supporting zero emission transport and its infrastructure, including railways

https://www.consilium.europa.eu/en/press/press-releases/2022/12/14/eu-recovery-plan-provisional-agreement-reached-on-repowereu/


* uttrykt helt presist og korrekt: biometan er en energikilde mens hydrogen er en energibærer.
Redigert 14.12.2022 kl 23:30 Du må logge inn for å svare
Rect Angel
13.12.2022 kl 22:14 13386

Hexagon Purus.

Mer Alstom. I Tyskland går altså allerede hydrogendrevne Alstom-tog med tank-/drivstoffsystem fra Hexagon Purus i rutetrafikk. Flere ruter kommer til i 2023. Pilotprosjekt pågående i en rekke andre nasjoner (mer om dette bl.a. i innlegg 11.12.2022 kl 22:35 på denne tråden). Interesse også fra Australia. En delegasjon derfra og Irlands transportminister er ventet på besøk med det aller første.


BUSINESS GERMANY

German railway firm ushers in new era for hydrogen trains

Godehard Weyerer Bremervörder, Germany

8 hours ago

A railway company from the northern German town of Bremervörde has become the first in the world to operate a fleet of hydrogen trains in regular operation. Will it be the first of many around the globe?

Christoph Grimm puts on his yellow Hi-Vis vest and leaves his office. Outside, in front of the newly renovated old train station of the Bremervörder-Osterholz railway, a hydrogen workshop is being built.

He enthuses that his company recently celebrated a world premiere. They now have six hydrogen-powered trains running regularly between different cities in the region, replacing conventional diesel trains in the process. Thanks to a fuel cell, the trains can drive completely emission-free.

"All relevant drive components such as tank and fuel cells are on the roof of hydrogen trains," he explains. In diesel vehicles, the units are located under the vehicle floor. "That requires a completely different maintenance concept, hence the new building."

World's first hydrogen train fleet

The Elbe-Weser Railroad Company (EVB), of which Grimm is the managing director, is the successor to regional railway lines and three private railway companies. For more than 40 years, the company has been keeping rail traffic running in the region, but the hydrogen-powered trains are now the pride of the EVB fleet.

The EVB, which also provides container train routes between northern German seaports and southern Germany, counts the state of Lower Saxony and the districts and various cities from the region as its shareholders.

Having the world's first hydrogen-powered train fleet in service in the region is mainly due to the fact that train manufacturer Alstom is based in the nearby town of Salzgitter. The EVB's route network was a good fit too for the operation of hydrogen trains as it is not electrified.
...
Global demand for hydrogen trains

The hydrogen train, which is being serviced in the hall, has a 130-kilogram (287-ounce) tank and a fuel cell for each train segment. The train can travel around 800 kilometers (497 miles) per day in regular traffic. Alstom oversees the maintenance of its trains on the Bremervörde premises.

An important question now is where new sales markets for hydrogen trains may open worldwide. On entire continents, — North America, for example — electrical overhead lines are an absolute exception. Some companies looking to go green can therefore choose to go electric or go with hydrogen trains, suggests Grimm.

By next summer, all 14 trains so far ordered by Grimm's company should be in operation, replacing the diesel trains on the Weser-Elbe railway network.

In 2023, some local rail lines in the Frankfurt area will be converted to hydrogen, confirms Grimm. There is also foreign interest: the Irish Minister for Transport and a delegation from Australia have announced that they will be visiting Bremervörde in the coming days.

https://www.dw.com/en/german-railway-firm-ushers-in-new-era-for-hydrogen-trains/a-64070343
Redigert 13.12.2022 kl 23:48 Du må logge inn for å svare
Rect Angel
12.12.2022 kl 23:18 13465

Hexagon Purus. Artig og oppløftende milepæl som lover svært godt.

Hexagon Purus's joint venture med CIMC Enric i Kina har vunnet sin første utenlandske ordre! Utenlandsk må i denne sammenheng naturligvis forstås som ordre om leveranse utenfor Kinas grenser. I dette tilfellet til Australia. Ordren gjelder leveranser av Type 4 hydrogen-sylindre/drivstoffsystemer til tungtransport. Detaljer rundt kontrakten oppgis ikke i denne meldingen formidlet av yahoo, men avslutningsvis påpekes det at joint venturet ser kontrakten som et gjennombrudd som demonstrerer joint venturets ledende markedsposisjon innen forretningssegmentet. Som i Nord-Amerika og Europa, nå også altså i Kina og Sørøst-Asia inklusive Oseania. Bravo!


CIMC Enric (03899) won an order for a 70MPa IV bottle-mounted hydrogen supply system in Australia through a joint venture

Monday, December 12, 2022 at 1:29 am

  CIMC Enric (03899) announced that CIMC Enric and Hexagon Purus’ hydrogen energy joint venture——CIMC Sikang Hydrogen Energy Development (Hebei) Co., Ltd., successfully obtained the first 70Mpa IV type On-board hydrogen supply system exported to Australia. This order is the company's first exported 70Mpa IV vehicle-mounted hydrogen supply system product, which will be used in the hydrogen-powered heavy trucks operated by customers in Australia, laying a good foundation for the company to expand the promising Australian hydrogen-powered heavy-duty truck market.

At present, the 35Mpa III vehicle bottle and hydrogen supply system produced by CIMC Enric have been applied in batches in important transportation fields such as hydrogen fuel cell forklifts, heavy trucks and buses, while the IV vehicle bottle and hydrogen supply system have been formed in Hong Kong Sales, the breakthrough in the Australian market this time proves the leading strength of CIMC Enric in the field of IV bottles and systems. (SY)

https://hk.news.yahoo.com/%E6%96%B0%E5%9C%B0%E8%A7%80%E5%A1%98%E5%9C%B0%E6%A8%99%E5%BC%8F%E7%B6%9C%E5%90%88%E9%A0%85%E7%9B%AE%E5%95%86%E6%A5%AD%E9%A0%85%E7%9B%AE-millennity-%E8%90%BD%E6%88%90-074641048.html

Redigert 12.12.2022 kl 23:22 Du må logge inn for å svare
Rect Angel
11.12.2022 kl 22:35 13594

Hadde ikke tid til å poste mer enn nyhetene om de børsmeldte kontraktene som tikket inn i uken som gikk, men det er ekstremt mye interessant som foregår der ute. Vil påstå at det nå virkelig 'koker' i forretningsområdene Hexagon Group er globalt markedsledende innen ute i den store verden, og at det kommer det til å gjøre i stadige sterkere grad, i flere tiår fremover. Store ord? Ja, kanskje det, men det er definitivt inntrykket man sitter igjen med når man følger med.

Her noen av nyhetene/artiklene jeg bokmerket i uken som gikk.


USA. RNG revolusjonen. Hexagon Composites.


Bill aims to create $1 per gallon tax credit for RNG fuel sales

By Erin Voegele | December 08, 2022

By Erin Voegele | December 08, 2022

Reps. Brian Fitzpatrick, R-Pa., and Linda T. Sánchez, D-Calif., on Dec. 1 introduced the Renewable Natural Gas Incentive Act. The bill aims to create a $1 per gallon tax credit for the sale of renewable natural gas (RNG) used in transportation. Companion legislation was introduced by Sens. Richard Burr, R-N.C., and Mark Warner, D-Va., in July.

“Renewable natural gas (RNG) provides economical and clean energy that can offer carbon-negative fuel for some of our nation’s largest supply chain vehicles,” Fitzpatrick said. “Providing businesses with tax credits for RNG will boost our economy and safeguard our environment. I am proud to support this commonsense, bipartisan legislation alongside my colleague, Rep. Sánchez, and to advocate for cleaner businesses and communities across the United States.”

https://biomassmagazine.com/articles/19575/bill-aims-to-create-1-per-gallon-tax-credit-for-rng-fuel-sales


Fra Hexagon Agility. Bl.a. med statements fra et par av selskapets mange partnere/kunder.


With Diesel Prices at its Highest, Fleets Are Cutting TCO with CNG, RNG

December 7, 2022
...
“RNG is enabling us to drive towards carbon-negative performance while reducing costs in our LTL operations. With Hexagon Agility’s extensive expertise, we are fortunate to have them as our partner to help meet our sustainability goals,” said Michael Palmer, Estes vice president of fleet services.
...
And by working closely with Hexagon Agility, the CTS team has seen even higher savings with the implementation of a solid maintenance program.

“The difference in cost between a diesel day cab truck and a CNG of comparable specs and range is roughly $50,000 to $55,000. At today’s fuel prices you can expect to save roughly $20,000 annually versus diesel, so the basic economics really make sense,” explained Curt Reitz, president of CTS.  “Additionally, we are finding we can refurbish and reuse the fuel system on a second truck. With the fuel system being a significant portion of the cost difference, the economics are even more compelling. Add on the use of RNG, which is either carbon neutral or even carbon negative and we are doing something great for our fleet and our customers in terms of carbon reductions, too.”

https://www.act-news.com/news/with-diesel-prices-at-their-highest-fleets-are-cutting-tco-with-cng-rng/


Hexagon Purus. Hvorvidt og eventuelt i hva Purus er direkte involvert i dette konkrete, blir ren spekulasjon, men det er vel kjent og vi vet at Hexagon Purus er i prosjekter med såvel Toyota (flere) og BMW (og Bosch).


En Toyota Hilux på hydrogen

Av:Thomas Hildonen 05/12/2022

Og BMW setter også i gang produksjonen av en liten serie med hydrogenbiler i form av iX5.

Bilfolket har muligens glemt hydrogen, men det har åpenbart ikke bilmerkene. For nå viser to skikkelige tungvektere, japanske Toyota og tyske BMW, fram to nye eksempler på biler som bruker hydrogen som drivstoff.

Toyota har vært det mest skeptiske av de store bilmerkene når det kommer til rene elbiler, og mest av alt har de vært bekymret for den rene batteridriften slike biler har.

https://bil24.no/en-toyota-hilux-pa-hydrogen/


Hexagon Purus. Da er Hexagon Purus partner/kunde Alstom klar for å erobre også Tsjekkia!


News December 6, 2022

Alstom and Air Products to roll out hydrogen trains in Czech Republic

The agreement also includes the provision of essential infrastructure in the country.

French train maker Alstom has reached a memorandum of understanding (MoU) with Air Products to launch hydrogen trains in the Czech Republic.

The agreement also includes the provision of essential infrastructure in the country. It is aimed at meeting the objectives set by the European Green Deal, specifically the ‘Fit for 55’ package.

Alstom is said to be the first company across the globe to introduce a hydrogen passenger train in 2018 in Germany.

The hydrogen train was later trialled in Austria, the Netherlands, Sweden, and Poland. These trains were also purchased by France and Italy.

Alstom Czech Republic and Slovakia managing director Dan Kurucz said: “By signing this memorandum, we formally confirm our long-term cooperation with Air Products. Both parties will do everything in their power to accelerate the introduction of hydrogen in rail in the Czech Republic.

“Alstom is a pioneer in hydrogen rail mobility solutions and has much to offer in this area, from expertise to the trains themselves.“

The rolling stock manufacturer exhibited the hydrogen train in the Czech Republic and Slovakia during its Railshow that was held from 17th to 25th May this year.

Air Products, which offers technical gases and advanced technologies in the Czech Republic, now focuses on using hydrogen in all types of transport vehicles including rail.

Last month, Nestlé Waters announced plans to deploy a hydrogen-powered freight train, developed by Alstom and Engie, in France from 2025.

https://www.railway-technology.com/news/alstom-hydrogen-train-czech-republic/






Rect Angel
08.12.2022 kl 13:28 13927

Glimrende!

For her er det ikke størrelsen på kontrakten (2 milloner NOK) som teller, men potensialet. For ettersom dette er en pionerkontrakt om leveranse av et drivstoffsystem til et fartøy til en leverandør som i dette tilfellet er verdens største leverandør av arbeidsbåter til havbruksnæringen, sier det seg selv at potensialet for skalering her er gedigent. Bare å gratulere Purus. Igjen. Med nok et sjumilssteg.


Hexagon Purus Maritime receives purchase order for hydrogen fuel storage system from Moen Marin

December 08, 2022 06:32 ET | Source: Hexagon Purus ASA

Hexagon Purus Maritime, a wholly owned subsidiary of Hexagon Purus, has received a purchase order for a hydrogen fuel storage system from Moen Marin, the world’s largest supplier of working boats to the aquaculture industry. Hexagon Purus Maritime’s hydrogen fuel storage system with type 4 hydrogen cylinders will be used for fuel storage onboard a zero-emission working boat for the aquaculture industry in Norway. Already a development partner in Moen Marin’s “Pilot-E” zero-emission working boat program, Hexagon Purus Maritime will continue working on the development and testing, with final system delivery scheduled by the end of 2023. The value of the order is approximately EUR 200,000 (approx. NOK 2.0 million).

Driving Energy Transformation

"Moen Marin is committed to actively lead the way in developing zero-emission alternatives for fisheries and aquaculture companies operating globally. Supporting the global response to the threat of climate change this is an important project and a long-term initiative for us”, says Mariell Ulla Toven, Chief Business Development Officer in Moen Marin. “Hexagon Purus Maritime delivers strong technical capabilities, and we are happy to further develop our strong cooperation and long-term relationship for the benefit of the maritime industry and global environment”.  

“We believe that the maritime industry, both in Norway and globally, offers great potential for increased hydrogen adoption, especially for applications requiring short and predictable working patterns close to the shore”, says Robert Haugen, Managing Director of Hexagon Purus Maritime. “This order represents an important commercial milestone as the first order for our maritime hydrogen fuel system, and we look forward to continue the cooperation with Moen Marin”.    

About the market

Hexagon Purus combines maritime experience with extensive hydrogen storage expertise to provide a holistic approach to zero emission maritime solutions. Hexagon Purus is at the forefront of developing innovative hydrogen storage solutions with lightweight composite cylinders that are ideal for maritime applications.

Hexagon Purus’ hydrogen storage and distribution business is well-positioned to support the ambitious energy transition required in the maritime sector - and to take a global leading role for integrated products in the emerging maritime hydrogen market. Together with partners, Hexagon Purus can cover major parts of the maritime hydrogen value chain.

Timing

Delivery of the maritime fuel system is scheduled for Q4 2023.

For more information:

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

About Moen Marin

Moen Marin is the world’s largest supplier of working boats to the aquaculture industry with strong focus on electrification and digitization of the fishing and aquaculture fleet. Moen Marin is headquartered in Trondheim (Norway) with operations across 11 countries. The company is owned by Scale AQ. Together with Scale AQ, Moen Marin wants to make everyday life easier for fish farmers by offering a complete portfolio of products and services to the aquaculture industry.

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles. Hexagon Purus' products are used in a variety of applications including light, medium and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail and aerospace.

Hexagon Purus Maritime, a wholly owned subsidiary of Hexagon Purus, provides compressed hydrogen fuel storage systems for maritime applications, helping to decarbonize the maritime industry. The technology is based on decades of know-how and experience from land-based hydrogen application from the Hexagon Group.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and LinkedIn

https://www.globenewswire.com/news-release/2022/12/08/2570037/0/en/Hexagon-Purus-Maritime-receives-purchase-order-for-hydrogen-fuel-storage-system-from-Moen-Marin.html


Redigert 08.12.2022 kl 14:38 Du må logge inn for å svare
Rect Angel
06.12.2022 kl 13:26 14090

Signifikante børsmeldte kontrakter bare fortsetter å renne inn til Hexagon Group!

Dagens børsmeldte kontrakt til Hexagon Composites' Hexagon Agility er verdt USD 16.2 million (ca.158 millioner NOK).

Etterspørselen etter RNG/renewable natural gas/biometan som energikilde ekdploderer. USA/Nord-Amerika leder an og nå følger EU og resten av verden etter.

Fremtidsutsiktene til Hexagon Group, som er globalt markedesledende innen alt man driver med, kunne knapt vært lysere enn de nå er.


Hexagon Agility receives order from REV LNG for Mobile Pipeline® modules as demand to deliver Renewable Natural Gas continues to grow

December 06, 2022 01:00 ET | Source: Hexagon Composites ASA

6 December 2022: Hexagon Agility, a business of Hexagon Composites, has received a new order for TITAN® 53 Mobile Pipeline® modules from REV LNG, a leading full-service mobile energy supply and project development company. The modules will be used to transport and deliver renewable natural gas (RNG) from multiple sites within the US.

This order represents an estimated value of USD 16.2 million (approx. NOK 158 million).

“To meet aggressive greenhouse gas reduction targets, our customers continue to expand their energy portfolios through the use of RNG as the solution to fight climate change,” said David Kailbourne, President of REV LNG. “We continue to invest in Hexagon Agility’s high-capacity TITAN 53 modules because their proven reliability has allowed us to rapidly expand our RNG portfolio to support customer demand.”

“RNG is the only carbon negative energy source and is key to reducing harmful methane emissions,” said Seung Baik, President of Hexagon Agility. “We applaud REV LNG for its ongoing expansion into the market and look forward to continuing to support their efforts.”

About the market

RNG results in significant reductions of greenhouse gas (GHG) emissions when compared to other clean energy solutions available today. Hexagon Agility’s Mobile Pipeline® modules enable the capture and collection of RNG from farms not located near natural gas infrastructure. In North America, RNG is supported by abundant natural gas pipeline infrastructure which allows for immediate use today, and for decades to come. Hexagon Agility is enabling the adoption of RNG to cost effectively combat climate change.

Timing

Deliveries of the Mobile Pipeline® modules are scheduled to start in the third quarter of 2023.

For more information:

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About REV LNG

REV LNG is a full-service supplier of liquid natural gas (LNG), compressed natural gas (CNG) and renewable natural gas (RNG) specializing in development, production, supply, transportation, and distribution solutions. As an integrated solutions provider, REV has partnered with industry leading companies and led the development of award-winning projects. Learn more at www.revlng.com.

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include (renewable) natural gas storage and distribution systems, Type 4 composite natural gas cylinders, propane, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at www.hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/12/06/2567903/0/en/Hexagon-Agility-receives-order-from-REV-LNG-for-Mobile-Pipeline-modules-as-demand-to-deliver-Renewable-Natural-Gas-continues-to-grow.html

Redigert 06.12.2022 kl 13:33 Du må logge inn for å svare
Rect Angel
30.11.2022 kl 23:10 14346

Melding fra Hexagon Agility i kveld (norsk tid).

Autocar sendte ut en melding rettet mot sine kunder om dette 9.november (se innlegg her på tråden 11.11.2022 kl 12:54). Og i kveld kommer det altså ut en melding fra Hexagon Agility.

Hexagon Agilitys Blue iQ™ løsning er utviklet i samarbeid med kjempen Cummins (revenue FY2021 $24 milliarder):

https://hexagonagility.com/blue-iq/

Autocars yrkes-/yrkesrettede kjøretøy (vocational cars) er noen ordentlige "arbeidshester", og hvis man tar en titt på Hexagon Agilitys meget imponerende partner-/kundeliste, skjønner man at det er veldig mange flere OEMs som er kandidater til innstallering av Hexagon Agilitys Blue iQ™. Her er partner-/kundelisten:

https://hexagonagility.com/


Autocar is the first OEM to integrate Hexagon Agility’s Blue iQ™ into its Always Up Display

November 30, 2022 14:10 ET | Source: Hexagon Agility

Costa Mesa, CA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hexagon Agility®, a world-leading provider of (renewable) compressed natural gas (RNG/CNG) systems for commercial vehicles and gas transportation solutions, announced today that Autocar, an original equipment manufacturer (OEM) of specialized severe-duty vocational trucks, has integrated Hexagon Agility’s Blue iQ™ smart gauge into its Always Up display.

“We congratulate Autocar on becoming the first OEM to integrate our Blue iQ technology into its Always Up display, which means drivers can now view a vehicle’s information all in one dashboard,” said Ian MacDonald, Hexagon Agility’s Vice President of North American Sales. “Like Autocar, we are committed to improving safety by reducing distractions for drivers, while enabling a streamlined solution for fleets to transition from diesel to clean natural gas.”

Hexagon Agility’s Blue iQ smart gauge allows RNG/CNG trucks to operate on a level playing field with diesel trucks by displaying real-time information about the truck’s fuel management system, which calculates distance to empty, provides ongoing accurate fuel readings and instant fuel economy, and tracks trip data. It is currently available with most Hexagon Agility fuel systems.

"We are excited to offer our CNG customers a new way to monitor the performance of their Autocar trucks with an integrated solution that helps operators better understand their CNG fuel system," said, Andrew Taitz, chairman of Autocar, LLC. "Autocar and its customers have played a significant role in the shift toward alternative fuels in their respective vocational markets, and we are proud to lead the refuse industry in 3rd party system integration."

Hexagon Agility is committed to helping its customers make the transition to clean fuels; recognizing reliability and cost savings are mission-critical for fleet operations. With volatile diesel prices and sustainability top of mind, RNG/CNG continues to deliver low emission and cost-effective results to fleets.

Fleet operators understand the urgent need to replace diesel trucks with cleaner technology. Some of the largest refuse and heavy-duty fleets have adopted RNG as the key solution to combat climate change. RNG, a non-fossil fuel derived from organic waste, is a pipeline quality gas fully interchangeable with CNG and is the cleanest commercial fuel available. In 2021, 64 percent of all on-road fuel used in natural gas vehicles in the U.S. was RNG. RNG is the only carbon negative fuel and energy solution available today and will continue to help fleets achieve sustainability goals for decades to come.

Together, Autocar and Hexagon Agility are paving the path towards decarbonizing our transportation through use of RNG/CNG.

About Autocar, LLC.

Autocar, LLC, manufacturer of severe-duty vocational trucks carrying the first specialized truck brand in North America, is a proudly American-owned and operated original equipment manufacturer (OEM) of trucks. Autocar’s severe-duty vocational trucks provide customers the perfect tool for their jobs with the most uptime, support, and impact on their bottom line. Autocar collaborates with customers to build trucks to their exact specifications and needs. Autocar’s purpose-built severe-duty truck lines include ACMD and ACX cab-over trucks, the ACTT and its all-electric E-ACTT terminal tractors, and the DC-64 Class 8 work trucks. Autocar recognizes that performance and uptime are everything and offers every customer 24/7 access to its ALWAYS UP® direct factory support center staffed by expert technicians who engineer and build Autocar’s trucks. Autocar promises to provide trucks that deliver the best value, provide the best service, provide a complete solution for customers’ needs, do the work right the first time, and act proactively, timely and with simplicity.

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include (renewable) natural gas distribution systems, Type 4 composite natural gas cylinders, propane, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/11/30/2565371/0/en/Autocar-is-the-first-OEM-to-integrate-Hexagon-Agility-s-Blue-iQ-into-its-Always-Up-Display.html
Rect Angel
29.11.2022 kl 23:08 14419

Hexagon Composites. RNG revolusjonen.

På denne tråden finnes det rikelig med informasjon om hvordan energigiganter som BP og Chevron den senere tid har gjort gedigne oppkjøp i sine storsatsinger på RNG som energikilde. Nå får vi nyheten om at også Shell er med for fullt og kjøper Nature Energy Biogas for tett oppunder 20 milliarder NOK.

Shell to acquire renewable natural gas producer Nature Energy

Nov 28, 2022

Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S (Nature Energy) for nearly USD $2 billion (€ 1.9 billion). The acquisition will be absorbed within Shell’s current capital range, which remains unchanged.

Based in Denmark, Nature Energy is a producer of Renewable Natural Gas (RNG) from agricultural, industrial, and household wastes.

By purchasing the shares in Nature Energy, Shell will acquire the largest RNG producer in Europe, its portfolio of cash generative operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction, and operation of innovative and differentiated RNG plant technology.

This acquisition will further increase Shell’s ability to work with its established customer base across multiple sectors to accelerate its transition to net-zero emissions. It will also support Shell’s ambition to profitably grow its low carbon fuels production and customer offering in our world-leading customer-facing Marketing business.

“Shell’s competitiveness in low carbon fuels derives from capabilities across the value chain, combining a world-class Trading and Supply organisation with access to differentiated technology and production assets,” said Huibert Vigeveno, Shell’s Downstream Director. “Acquiring Nature Energy will add a European production platform and growth pipeline to Shell’s existing RNG projects in the United States. We will use this acquisition to build an integrated RNG value chain at global scale, at a time when energy transition policies and customer preferences are signalling strong growth in demand in the years ahead.”

The transaction is subject to regulatory approvals and is expected to close in Q1 2023. Nature Energy is cash generative, and the acquisition is expected to be both accretive to Shell’s earnings from completion and deliver double digit returns. 

https://www.shell.com/media/news-and-media-releases/2022/shell-to-acquire-renewable-natural-gas-producer-nature-energy.html


Hexagon Purus. Nok en nyhet.

Går som morselskapet Hexagon Composites tilsynelatende og litt merkverdig nærmest helt under radaren på hjemmebane, men dette betyr lite i et større og mer langsiktig perspektiv. Nok en signifikant nyhet her som godt illustrerer hvilken imponerende strategisk posisjon Hexagon Purus innehar globalt. Inntar her nøkkelrolle blant fem selskap i prosjektet 'H2LogisticsOnRail' som støttes med over 25 millioner NOK av tyske myndigheter, og selskapet omtales slik i denne artikkelen: "...Project partners are Hexagon Purus, the world's leading manufacturer of hydrogen high-pressure containers and transport systems..."

H2LogisticsOnRail develops containers for hydrogen transport

from Timon Heinricih
November 29, 2022

Coordinated by the consulting firm Innovation Green, five companies and a research institute are working on a container for transporting hydrogen in the form of compressed gas. The development is funded by the Federal Ministry of Economics and Climate Protection (BMWK) with around 2.5 million euros. The project has a duration of three years. So far, hydrogen has been transported in this form by truck in pressure vessels. The "H2LogisticsOnRail" project aims to create an alternative on the rails. Experts in hydrogen, logistics, measurement technology, container construction and industrial park operation contribute their knowledge. The container must be able to be transported multimodally, have smart sensors that can, among other things, confirm structural integrity and transmit data on its condition and current location. Hydrogen is gaining importance as an energy source. The benefit is all the greater, the higher the share of sun, wind and hydropower in generation. Accordingly, the transport should also be as climate-neutral as possible. Project partners are Hexagon Purus, the world's leading manufacturer of hydrogen high-pressure containers and transport systems, Endress+Hauser, a specialist in measuring devices and process automation, DB Cargo BTT, a European logistics service provider with a focus on chemical, mineral oil and hazardous goods transport, the industrial park operator Infraserv Höchst and the Fraunhofer Institute for Material Flow and Logistics IML.

https://www.dvz.de/rubriken/land/kombinierter-verkehr/detail/news/h2logisticsonrail-entwickelt-container-fuer-wasserstofftransport.html


Rect Angel
24.11.2022 kl 23:18 14624

Har elbiler slått fullstendig knockout på hydrogendrevne personbiler for all fremtid? Tja, sier denne Forbes-skribenten.


TRANSPORTATION

If The Electric Car Revolution Sputters, Hydrogen Could Still Succeed

Neil Winton Senior Contributor
Nov 23, 2022,12:22pm EST
...
The victory seems complete, so why are the few remaining supporters of hydrogen - Toyota, Hyundai and BMW - wasting their time and shareholder's money on such futile projects?

https://www.forbes.com/sites/neilwinton/2022/11/23/if-the-electric-car-revolution-sputters-hydrogen-could-still-succeed/


Helt konkret vet vi at Hexagon Purus, som også tilbyr batterielektriske løsninger, samarbeider med Toyota på flere områder når det gjelder hydrogen (samt innen batterielektrisk), og fra februar i år husker vi denne nyheten om samarbeid med BMW og Bosch.


Hexagon Purus joins forces with BMW, Bosch and TesTneT on project “FlatHyStor” to research innovative hydrogen storage system solutions for hydrogen-powered vehicles

February 03, 2022 - Stock Exchange Release

https://hexagonpurus.com/news/hexagon-purus-joins-forces-with-bmw-bosch-and-testnet-on-project-flathystor-to-research-innovative-hydrogen-storage-system-solutions-for-hydrogen-powered-vehicles


Tysk politiker profilerer sitt kandidatur gjennom besøk hos 100% Hexagon Purus eide Wystrach.

I artikkelen får vi implisitt vite at Wystrach ekspanderer og ansetter på alle nivå.


Visit of District Administrator candidate Christoph Gerwers at Wystrach Future Technology & Value Creation

Editorial staff 24. November 2022

Weeze/Kleve district. The candidate for the office of district administrator in the district of Kleve Christoph Gerwers (CDU) visited the Wystrach company in Weeze, which is very innovative in the field of hydrogen. Knowing the goals, interests and challenges of the companies in the district of Kleve is important to him. Since hydrogen will play an important role as a storage medium and energy in the future, Christoph Gerwers would like to get first-hand information. As district administrator, Gerwers would like to bundle the use of green hydrogen and the associated added value in the Kleve district in the future.

Wystrach is one of the market leaders in hydrogen technology and develops and produces, among other things, storage tanks, tank systems and filling stations. The company has been part of Hexagon Purus for a year and is on a steady growth course: Preparations are currently beginning for an extension to the B9, which should go into operation in a year. "We are hiring new colleagues at all levels," says Managing Director Jochen Wystrach. "Anyone who wants to get to know us is cordially invited to our applicants' day on December 10."

After a conversation with the managing directors Jochen Wystrach and Wolfgang Wolter and a short tour of the company, Christoph Gerwers was impressed by the power and innovation of the company. “Established as a family business, Wystrach has developed and asserted itself in the market. With the integration into the Hexagon Purus company, Wystrach has positioned itself for the future.

"As a medium-sized company, it should receive every support from the politicians in the district of Kleve in order to be able to develop at the location. Green electricity is produced in the district of Kleve. The necessary framework conditions for value creation on site must be created using the medium of hydrogen," says Christoph Gerwers, summing up the visit.

https://lokalklick.eu/2022/11/24/besuch-des-landratskandidaten-christoph-gerwers-bei-wystrach-zukunftstechnologie-wertschoepfung/
Redigert 24.11.2022 kl 23:41 Du må logge inn for å svare
Rect Angel
23.11.2022 kl 22:55 14748

RNG revolusjonen. USA.

Åpner du linken, kan du få opplest og lytte til hele artikkelen som podcast.


Renewable Energy Analytics

Green Light - Oil Giants, Utilities And Private Equity Scoop Up Renewable Natural Gas Assets

Tuesday, 11/22/2022
Published by: Housley Carr

For several months there’s been a scramble on to consolidate the U.S. landfill gas collection systems, dairy- and hog-farm digesters, and other assets that produce renewable natural gas (RNG) — a drop-in replacement for conventional natural gas that can qualify for federal and state financial incentives. But what really caught everyone’s attention was BP’s announcement a few weeks ago that it would acquire Archaea Energy, a Houston-based company with more than a dozen RNG projects in operation and many more under development, in a deal valued at $4.1 billion. That’s big bucks in the biogas space. In today’s RBN blog, we discuss the BP/Archaea deal and other recent acquisitions of RNG assets, as well as what’s driving the surging interest in RNG.

https://rbnenergy.com/green-light-oil-giants-utilities-and-private-equity-scoop-up-renewable-natural-gas-assets
Redigert 23.11.2022 kl 23:02 Du må logge inn for å svare
Rect Angel
22.11.2022 kl 11:37 14952

Nok en ny kontrakt til Hexagon Purus!

Under Q3 2022 i oktober opplyste Hexagon Purus ledelsen om at produksjonskapasiteten når det gjelder hydrogendistribusjonssystemer allerede er fullbooket for 2023!!! Så her er det trangt i inngangsdøren, og første kontrakt for levering i 2024 kommer altså her. Dagens kontraktmotpart sier det slik:

“Partnering with the best and most experienced suppliers on the market is crucial to successfully implement our business strategy in an economical and competitive way”, says Dr. Stefan Rehm, Development Director of Hypion.

Heldigvis og godt å vite: Hexagon Purus er godt i gang og underveis med ekspansjon og utvidelse av produksjonskapasitet på 3 kontinenter. Nord-Amerika, Europa og Kina/Sørøst-Asia.


Hexagon Purus receives first order for 2024 to deliver hydrogen distribution systems to Hypion in Germany

November 22, 2022 01:00 ET | Source: Hexagon Purus ASA

(Oslo, 22 November 2022) Hexagon Purus, through its wholly owned subsidiary Wystrach GmbH (“Wystrach”), a leading hydrogen systems supplier, has received its first order for hydrogen distribution systems from Hypion, a full-service provider of green hydrogen projects. Hexagon Purus’ hydrogen distribution systems including its type 4 hydrogen cylinders will be used to both transport hydrogen and as mobile storage for the planned network of green hydrogen refueling stations in Germany. The value of the order is approximately EUR 2.2 million (approximately NOK 22 million) and represents the first hydrogen distribution systems order with delivery in 2024.

Driving Energy Transformation

“Partnering with the best and most experienced suppliers on the market is crucial to successfully implement our business strategy in an economical and competitive way”, says Dr. Stefan Rehm, Development Director of Hypion. “We are glad to get Hexagon Purus as part of the team to develop a network of green hydrogen refueling stations in Germany”.    
“Our high-pressure distribution system can also be used as a mobile storage for hydrogen refueling stations, lowering both total investments and operating costs through reducing amongst other on-site fixed storage capacity and energy consumption”, says Matthias Kötter, Head of Sales Wystrach, Hexagon Purus. “Allowing for hybrid use of our distribution systems, will enable Hypion to efficiently transport and refuel hydrogen with the same distribution system”.  

About the market

The mobility sector is accountable for approximately 20% of annual carbon emissions globally, and hydrogen has a significant role to play in reducing these emissions, particularly in “hard to abate” sectors. Making green hydrogen available for use in amongst other the mobility sector is critical to reduce carbon emissions.

As hydrogen, a key contributor to the energy transition, continues to build momentum globally, more than 30 countries have released hydrogen roadmaps, over USD 70 billion in government funding is committed to hydrogen investments, more than 500 large-scale hydrogen projects have been announced by the industry to date and green hydrogen is projected to supply up to 25% of the world's energy needs by 2050.

Timing

Delivery of the hydrogen systems is scheduled in Q1 2024.

For more information:

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

About Hypion

Hypion plays a part in the green hydrogen economy as a full-service provider in the field of Power-to-X and acts as a system integrator from the project idea, the strategic evaluation and the project development to the realization and operation in the field of the green hydrogen economy. Hypion takes care of the production, logistics, distribution and use of green hydrogen in economically feasible H2-Hubs.

Learn more at www.hypion.eu and follow @hypion on LinkedIn.

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles. Hexagon Purus' products are used in a variety of applications including light, medium and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail and aerospace.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/11/22/2560420/0/en/Hexagon-Purus-receives-first-order-for-2024-to-deliver-hydrogen-distribution-systems-to-Hypion-in-Germany.html
Rect Angel
21.11.2022 kl 15:42 14998

Det går unna nå! RNG revolusjonen i USA. Så denne må vi absolutt få med oss.

Chevron blar opp, kjøper rubbel og bit og tar fullt eierskap i nasjonalt dekkende stasjonsnettverk for RNG.


chevron to acquire full ownership of beyond6 CNG fueling network

SAN RAMON, Calif./HOUSTON, Nov. 17, 2022 – Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today it signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading (Mercuria) and B6 CEO Andrew West.

Chevron is complementing the strength of its traditional products business with new offerings that help customers support a lower carbon future, and renewable natural gas is an essential part of its portfolio of solutions. Through collaborations with Brightmark LLC and California Bioenergy LLC, Chevron is developing projects across the United States designed to convert fugitive methane emissions from dairies to a beneficial use as renewable natural gas, which can be considered carbon negative on a lifecycle basis under California’s Low Carbon Fuel Standard. With this acquisition, Chevron can market the RNG it either produces or procures through a nationwide network of CNG locations.

"Chevron has seen strong demand for our RNG-to-CNG fuel offering from new and existing customers," said Andy Walz, Chevron's president of Americas Products. "Because of its carbon negative attribute and the ability of fleet operators to efficiently adapt vehicles to run on CNG, renewable natural gas can be a lower carbon solution for fleets seeking to reduce their lifecycle greenhouse gas emissions."

Mercuria and Chevron will enter into a long-term supply relationship to deliver renewable natural gas to Chevron as part of the transaction.

"B6 represents a best-in-class operator in the build-out of a renewable natural gas network, and Mercuria has been excited to help the company grow from a stand-alone business to one that can help drive growth under Chevron," said Brian A. Falik, Mercuria's chief investment officer. "The partnership with Chevron has been a great success, and we look forward to helping them supply renewable fueling solutions to their customers."

The transaction is subject to customary closing conditions.

https://www.chevron.com/newsroom/2022/q4/chevron-to-acquire-full-ownership-of-beyond6-cng-fueling-network
Redigert 21.11.2022 kl 16:43 Du må logge inn for å svare
Rect Angel
17.11.2022 kl 22:12 15108

At jeg er stor optimist, overrasker neppe noen som er innom det jeg poster, men dette er stort. For å sette det litt på spissen, er det nesten så man blir rørt av å lese denne Forbes skribenten med topp faglig innsikt redegjøre om den unike, teknologiske 'state of the art' produktporteføljen Hexagon Purus tilbyr markedet/OEMs innen transportsektoren. Føles ikke som spesielt dristig å tippe at det etterhvert kommer flere kontrakter med OEMs om leveranser til serieproduksjon, som suksessivt bare kommer til å bli større og større.

Gjengir kun overskrift og ingress her, for å bevare spenningen. Denne artikkelen må bare leses!


TRANSPORTATION

LEGO Design For Hexagon Purus Class 8 Fuel Cell Truck Systems

David Blekhman
Contributor

I am a professor at Cal State LA and the technical director for the Hydrogen Research and Fueling Facility.

Nov 17, 2022,01:47am EST

Hexagon Group comprises of four companies well-known for their work in compressed gases hardware and services, where, among them, Hexagon Purus is dedicated to the hydrogen fuel cell-electric vehicle (FCEV) market.

https://www.forbes.com/sites/davidblekhman/2022/11/17/lego-design-for-hexagon-purus-class-8-fuel-cell-truck-systems/
Redigert 18.11.2022 kl 11:12 Du må logge inn for å svare
Rect Angel
16.11.2022 kl 13:28 14929

Rett og slett helt gedigen stormat for Hexagon Composites dette!

RNG revolusjonen. USA leder an i stor stil. Her fra Republic Service om aggressivt, storstilt JV samarbeid med Archaea Energy (nylig kjøpt av BP for 40 milliarder NOK++!) *. 7 - 8 nye prosjekter, bare i regi dette JV'et, skal være oppe å gå, pr. år. Totalt 40 prosjekter i 19 stater! Ikke lenge siden det aller meste i altoverveiende grad foregikk i California... Så at en revolusjon nå pågår med stor styrke... helt utvilsomt. Og at energigiganter som BP og Chevron allerede er tungt inne, sier vel veldig, veldig mye, ja det aller meste om hvor veien går videre.


Republic Services’ Sustainability Leader Talks RNG Growth Engine

Velda Addison

Wed, November 16, 2022 at 5:05 AM·6 min read

HOUSTON—Landfills can be hotspots for methane emissions, but waste management and recycling companies like Republic Services are converting that methane into renewable natural gas (RNG).

The Phoenix-headquartered company is working with Archaea Energy, the RNG producer that is being acquired by BP in a $4.1 billion deal, to develop 40 RNG projects in 19 states.

“We were looking for speed to market and the JV route was all about speed to market,” Pete Keller, vice president of recycling and sustainability for Republic Services, said describing the company’s relationship with Archaea. “When we think about a portfolio now of 40 projects with an intent to bring them all online by the end of 2027, that’s going to be a significant amount of new RNG available for the marketplace.”

Together, the projects are expected to generate more than 12.5 MMBtu of RNG annually. Aiming to complete about eight of those projects a year, permitting, engineering and equipment procurement are underway as developers continue lining up construction crews.

https://finance.yahoo.com/news/republic-services-sustainability-leader-talks-040500919.html


* Om BPs oppkjøp av Archaea Energy. Se innlegg på denne tråden 17.10.2022 kl 15:45.

Redigert 16.11.2022 kl 13:47 Du må logge inn for å svare
Rect Angel
15.11.2022 kl 11:29 14764

Hexagon Purus's fremtidsutsikter? Ikke akkurat ueffent å inneha rolle som globalt markedsledende innen lagring og transport av hydrogen?


Green

Biden Has ‘Almost Guaranteed’ Hydrogen’s Future, Macquarie Says

America now leading world on green hydrogen incentives

Australian bank says Ukraine war will accelerate green shift

By James Fernyhough
15. november 2022 kl. 01:13 CET

https://www.bloomberg.com/news/articles/2022-11-15/hydrogen-s-future-almost-guaranteed-by-ira-macquarie-says


PS) Se innlegg på denne tråden 13.11.2022 kl 12:13 når det gjelder siste nytt om Hexagon Purus's ekspansjon i USA/Nord-Amerika

Redigert 15.11.2022 kl 11:32 Du må logge inn for å svare
Liso
13.11.2022 kl 12:43 14926

Hva vil aksjekursen ende på ved et fiendtlig oppkjøp ?
Rect Angel
13.11.2022 kl 12:13 14709

Hexagon Purus Relocates-Plans Westminster, Maryland, Operations

Area Development News Desk
11/11/2022

Hexagon Purus, a company focused on hydrogen alternative fuel and energy solutions, is relocating and expanding its operations in Carroll County, Maryland. The project is expected to create 100 jobs over the next four years.

The company is relocating from Taneytown and leasing a 60,000-square-foot space at 1221 Independence Way in Westminster.

“We are excited to partner with Carroll County to support Hexagon Purus’ growth in Westminster,” said Maryland Commerce Secretary Mike Gill. “We thank the company for its investment in Maryland over the years and look forward to watching its continued success in our state.”

To assist with project costs, the Maryland Department of Commerce is working on approving a $300,000 conditional loan through Advantage Maryland (MEDAAF). Additionally, the state is providing a $25,000 grant through the Partnership for Workforce Quality (PWQ) program. The company is also eligible for various tax credits, including the More Jobs for Marylanders program and the state's Job Creation Tax Credit.

“Hexagon Purus’ decision to expand operations in Carroll County demonstrates that when businesses locate here, they grow here,” noted Jack Lyburn, director of economic development for Carroll County. “Our strong manufacturing economy, skilled workforce and pro-business climate continue to attract global manufacturers such as Hexagon. We are pleased with Hexagon’s decision to continue to invest in our county.”

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles.

https://www.areadevelopment.com/newsItems/11-11-2022/hexagon-purus-carroll-county-maryland.shtml


Rect Angel
11.11.2022 kl 12:54 14825

CEO i Hexagon Agility Seung Baik er utnevnt som ny styreleder 'Natural Gas Vechicles for America' (NGVA). Kanskje ikke så rart når 80% av gassdrevet transport på vei i Nord-Amerika er utstyrt med drivstoffsystemer fra Hexagon Agility.


NGVAmerica Selects Officers, Including Seung Baik as Chair

By Ariana Fine, November 9, 2022

NGVAmerica has elected new officers to oversee the organization’s operations through 2024.

Daniel Gage will hold the president position, while the chair will be Seung Baik, president of Hexagon Agility.

https://ngtnews.com/ngvamerica-selects-officers-including-seung-baik-as-chair


NGVA

https://www.ngvamerica.org/


Autocar, LLC Integrates Hexagon Agility’s Blue iQ into Smart Display

Wednesday, November 9, 2022 1:30 PM

New alternative fuel feature allows customers to view, in real-time, critical information about their Hexagon Agility CNG fuel system

BIRMINGHAM, AL / ACCESSWIRE / November 9, 2022 / Autocar, LLC, manufacturer of specialized severe-duty vocational trucks, now offers compressed natural gas (CNG) customers a new way to view crucial information about their fuel management module system. In partnership with Hexagon Agility, a leading global provider of (renewable) natural gas fuel systems, Autocar software engineers integrated the Blue iQ smart gauge into the Autocar Always Up Display.

The integration gives operators access to real-time information regarding the truck's fuel management system. The information provided can be customized by the end customer and includes information such as:

Diesel Gallon Equivalent

Trip Economy

Time to empty

Distance to empty

Fuel pressure

https://www.accesswire.com/724761/Autocar-LLC-Integrates-Hexagon-Agilitys-Blue-iQ-into-Smart-Display


Redigert 11.11.2022 kl 12:55 Du må logge inn for å svare
Rect Angel
09.11.2022 kl 09:39 14711

Det renner inn!

Nok en signifikant kontrakt til Hexagon Agility børsmeldes i dag 09.11. Verdi drøyt 150 millioner NOK.


Hexagon Agility receives new order from Xpress Natural Gas (XNG) for Mobile Pipeline® modules to meet customer demand for clean energy

November 09, 2022 03:00 ET | Source: Hexagon Composites ASA

9 November 2022: Hexagon Agility, a business of Hexagon Composites, received a new order from Xpress Natural Gas LLC (XNG), a leading full-service provider of compressed natural gas (CNG) in the United States, to deliver Mobile Pipeline® modules to transport clean and renewable natural gas (RNG).  

This order has an estimated value of USD 14.8 million (approx. NOK 150 million).

Delivering safe and innovative solutions

“We look forward to continuing to grow our relationship with Hexagon Agility as a key supplier to XNG as we work to provide safe, reliable cleaner energy solutions to an increasing number of customers and sectors unserved by traditional energy pipelines” said Simon Richards, Chief Executive Officer at XNG. We’re really pleased to continue to expand our fleet with Hexagon Agility’s Mobile Pipeline products. “TITAN 53 modules, allow us to safely and efficiently deliver CNG to communities with the fewest number of trips. As we continue to expand our market areas Hexagon products give us the flexibility to serve all types of industries and end users seeking a lower carbon, less expensive energy solution.”

No pipeline. No problem. TITAN® 53 modules offer the highest capacity in North America and can serve multiple communities and industries that do not have access to natural gas or lack sufficient pipeline capacity to meet anticipated demand.

“The Northeastern part of the United States continues to struggle from a lack of infrastructure to deliver natural gas to the region" said Seung Baik, President of Hexagon Agility. “The winter season is particularly challenging. We are pleased to work with XNG to help keep homes warm and factories running."

About the market

Mobile Pipeline is vital to driving energy transformation away from petroleum fuels to clean and renewable natural gas. Companies like XNG are leaders in the industry, enabling customers without pipeline access to adopt natural gas and meet their environmental goals.

Natural gas is today’s low carbon, cost effective alternative energy. RNG is pipeline quality gas fully compatible with today’s infrastructure and Mobile Pipeline equipment. Because RNG is the only carbon negative energy source, it is being rapidly adopted to drive decarbonization of industrial and vehicle fleet operations.

With more than 1,800 Mobile Pipeline modules now deployed around the world, Hexagon Agility continues to set the standard for safety, reliability, and performance. 

Timing

The modules are expected to be delivered in the second quarter of 2023.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com 

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA 
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com  

Seth Berry, Chief Development Officer, Xpress Natural Gas LLC
Telephone: 508-846-8200 | sberry@xng.com

About Xpress Natural Gas

Founded in 2011, XNG provides an alternative energy source for businesses without access to a gas pipeline. By transporting compressed natural gas in both the U.S. and Canada, XNG provides a consistent and reliable, low-carbon energy source for its broad customer base. The company’s business model enables CNG to be delivered to over 40 customer sites around the clock, 365 days a year. As a leading provider of CNG, the company is positioned for exponential growth in customer installments throughout 2021 and beyond. For more information about Xpress Natural Gas: www.xng.com

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include natural gas storage and delivery systems, Type 4 composite natural gas cylinders, propane, and natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/11/09/2551623/0/en/Hexagon-Agility-receives-new-order-from-Xpress-Natural-Gas-XNG-for-Mobile-Pipeline-modules-to-meet-customer-demand-for-clean-energy.html

Redigert 09.11.2022 kl 09:40 Du må logge inn for å svare
Rect Angel
03.11.2022 kl 21:48 14811

Kunne ikke vært mer enig Liso. Eventuell action her blir på kjøpsknappen på røde dager når fristelsen måtte bli for stor, veid opp mot makroøkonomisk uro og ustabilitet. Annet enn det sistnevnte bekymrer selvfølgelig ikke på disse allerede utbombede aksjekursene, tatt i betraktning utsiktene til kjempevekst vi nå står overfor her, i årevis fremover.

Og 42% omsetningsvekst YOY er selvfølgelig veldig bra levert! Mer enn godkjent.

De pressede marginene pga av ekstrem inflasjon og de etterhvert veldig så velkjente og gjenstridige problemene i forsyningskjedene, er selvsagt ikke noe man jubler over. Men Hexagon Group er jo på ingen måte alene i markedet om å bli eksponert for disse problemene, for å si det forsiktig. Videre er skvisen vis a vis guidede marginer ved årets begynnelse ingen nyhet. Tvert imot har dette for lengst blitt gjort vel kjent av selskapets ledelse ettersom risikoen ble påpekt allerede under Q2 2022 i juli og så klart og tydelig kommunisert til markedet i en melding sendt ut allerede 14.oktober:

https://www.globenewswire.com/NewsRoom/ReleaseNg/401401323

I mine øyne er 'bottom line' her at ledelsen i dag kommuniserte til markedet at man forventer FY2022 omsetning på 3.9 milliarder NOK. Med andre ord i øvre skranke av intervallet for omsetning man guidet til markedet ved årets begynnelse (3.7 - 3.9 milliarder NOK).

Anbefaler aldri andre noe som helst når det gjelder hva man bør gjøre med pengene sine. Men personlig er jeg mer enn komfortabel med mine langsiktige investeringer i Hexagon Group etter å ha sett webcastene fra Q3 2022 presentasjonen i dag (Composites) og i forgårs (Purus). Utviklingen i Purus fremstår som ekstremt bullish, i mine øyne, samtidig som Composites aksjen er helt ekstremt lavt priset/'feilpriset', gitt den store eierandelen på 73.29% av aksjene i Purus (sagt med andre ord eier 1 Hexagon Composites aksje 0.94 Hexagon Purus aksje).

Her er link til opptak/webcast fra Hexagon Composites' Q3 2022 presentasjon i dag 3.november:

https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20221103_11


Hexagon Composites ASA: Third quarter 2022

November 03, 2022 02:00 ET | Source: Hexagon Composites ASA

3 November 2022: Hexagon (excluding Hexagon Purus) delivered NOK 1 080 (848) million in revenues and an operating profit before depreciation (EBITDA) of NOK 68 (110) million in third quarter 2022. The profitability was impacted by significantly higher costs of production due to inflation and supply chain challenges.

In the third quarter 2022, Hexagon Purus generated NOK 222 (103) million in revenues and recorded an EBITDA of NOK -92 (-80) million. Revenue growth was primarily driven by the hydrogen distribution segment. The market outlook is expected to remain strong, short and long term.

Hexagon Purus remains fully consolidated in the Hexagon Group accounts, with Hexagon Composites currently retaining 73% ownership.

Hexagon Group, including Hexagon Purus, generated NOK 1 243 (875) million in revenues and recorded an operating profit before depreciation (EBITDA) of NOK -24 (30) million.

“We continued to deliver strong revenue growth in the third quarter, up 42% year-over-year,” says Jon Erik Engeset, CEO of Hexagon Group. “Mitigating actions to combat the challenging operating environment are being implemented to improve margins in 2023.”

Together with clients and partners, Hexagon is finding ways to make near-zero and zero emission energy solutions available and affordable while delivering on its purpose of driving energy transformation. REPower EU and the U.S. Inflation Reduction Act are expected to significantly drive additional demand for Hexagon’s solutions in the coming years.

For further details, please see the attached third quarter 2022 report and presentation.

Presentation of the results today at 08:30 am CET Jon Erik Engeset (CEO) and David Bandele (CFO) will present the results at 08:30 am today in Oslo. The presentation will be held at the DEG8 building, in Dronning Eufemias gate 8, Oslo.

The presentation will also be broadcast live via:

https://channel.royalcast.com/landingpage/hegnarmedia/20221103_11/

For more information:

Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/11/03/2547205/0/en/Hexagon-Composites-ASA-Third-quarter-2022.html

Redigert 03.11.2022 kl 22:43 Du må logge inn for å svare
Liso
03.11.2022 kl 13:02 42889

Tenker ikke på salg her under kr. 50. Dette er den eneste grønne aksjen jeg ser som vettug og kan regne hjem.
Liso
03.11.2022 kl 12:55 42721

En god kjøpsdag i HEX dette. Fremtiden lysere enn noen gang. Kostnadene straks under kontroll og sterkt økende ordrebok. Fremtiden er grønn og fremtiden blir HEX.
Rect Angel
02.11.2022 kl 11:57 42767

PS) Angående første avsnitt i forrige innlegg. La inn feil link til webcast fra Hexagon Purus's Q3 2022 presentasjon i går. Innlegget er så langt at det kun var mulig å fjerne den feile linken, men ikke mulig å legge inn en ny og riktig. Så her er den. Bør som sagt absolutt sees. Enjoy.

https://www.youtube.com/watch?v=7oqMnPvrrAw
Rect Angel
02.11.2022 kl 11:46 42699

Først av alt vil jeg anbefale alle å se webcasten fra Hexagon Purus's Q3 2022 presentasjon i går 1.november. Så den selv i går kveld. Veldig, veldig overbevisende. imponerende!


Og hvordan hagler ikke børsmeldte kontrakter inn til Hexagon Group om dagen! I dag er det Hexagon Composites's desidert største divisjon Hexagon Agility som børsmelder nok en kontrakt.


Hexagon Agility receives order from Super Natural Gas Ltd for Mobile Pipeline® modules to meet customer demand for natural gas

2.11.2022 08:30 • GlobeNewswire • 

2 November 2022: Hexagon Agility, a business of Hexagon Composites, received a new order from Super Natural Gas Ltd, wholly owned by Supergas Energy and a leading full-service provider of compressed natural gas (CNG) in Israel, to deliver Mobile Pipeline modules to transport clean natural gas to Supergas customers.

This order has an estimated value of EUR 4.8 million (approx. NOK 48 million).

Delivering safe and innovative solutions

“Today, our fleet is 100% comprised of X-STORE® modules by Hexagon Agility because of their performance and reliability. X-STORE modules have allowed us to become the market leader in mobile gas distribution, serving our industrial customers and also providing mobile fueling for transportation,” said Chen Melamed, CEO of Supergas Energy. “We are making significant investments to become a leading multi-disciplinary energy supplier and Hexagon Agility is an important partner in this strategic endeavor.”

Hexagon Agility has the most comprehensive Mobile Pipeline portfolio in the industry. Along with the TITAN® products sold around the world, X-STORE is designed specifically to meet UN standards employed in Europe and other ADR countries like Israel.

“Supergas has been a pioneer in mobile gas distribution and today they manage one of the most efficient Mobile Pipeline operations in the world,” says Seung Baik, President of Hexagon Agility.  “With current energy challenges and Israel’s strategic position to help address those challenges, we are proud of the work we are doing together and grateful for their continued business.”

The discovery of the Leviathon and Tamar gas fields in the Mediterranean Sea off the coast of Israel present the opportunity for the nation state to become energy independent. Mobile Pipeline is enabling energy based industries to adopt natural gas to reduce energy costs while addressing sustainability goals. Additionally, the transportation sector continues to adopt natural gas vehicles, with many of them currently fueled by Mobile Pipeline rather than traditional fuel stations due to the lack of pipeline infrastructure. Israel’s gas reserves easily exceed the country’s energy consumption, position it to become net exporter of gas to Europe and the Middle East.

About the market

Mobile Pipeline is vital to driving energy transformation away from petroleum fuels to clean and renewable natural gas. Companies like Supergas are leaders in the industry, enabling customers without pipeline access to adopt natural gas and meet their environmental goals.

Natural gas is today’s low carbon, cost effective alternative energy. Renewable natural gas (RNG) is pipeline quality gas fully compatible with today’s infrastructure and Mobile Pipeline equipment. Because RNG is the only carbon negative energy source, it is being rapidly adopted to drive decarbonization of industrial and vehicle fleet operations.

With more than 1,800 Mobile Pipeline modules now deployed around the world, Hexagon Agility continues to set the standard for safety, reliability, and performance. 

Timing

The modules are expected to be delivered in the second quarter of 2023.

For more information:

Karen Romer, SVP Communications, Hexagon Composites 
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com 

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA 
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com  

About Supergas Energy Ltd

Super Natural Gas, wholly owned by Supergas Energy, is a leading energy company in the fields of LPG, natural gas, compressed natural gas, electricity, renewable energies and energy efficiency. Established in 1953, Supergas specializes in the design and construction of gas distribution systems and is a major gas supplier to a variety of sectors – residential, agricultural, commercial and industrial. The company is constantly adapting to changes in technology and seeking to meet and exceed quality and safety standards.  With locations throughout the country, Supergas Energy serves half a million customers through a network of branches and agents. Hundreds of professional technicians, 24/7 call centers, control centers, and a national emergency center are available to our customers around the clock.

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include natural gas storage and delivery systems, Type 4 composite natural gas cylinders, propane, and natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/11/02/2546186/0/en/Hexagon-Agility-receives-order-from-Super-Natural-Gas-Ltd-for-Mobile-Pipeline-modules-to-meet-customer-demand-for-natural-gas.html

Redigert 02.11.2022 kl 11:52 Du må logge inn for å svare
Rect Angel
01.11.2022 kl 08:23 42704

Hexagon Purus Q3 2022: 115% omsetningsvekst YOY i 3.kvartal 2022!

Live webcast-presentsjon nå kl. 08:30:

https://hexagonpurus.kg5.no/


Hexagon Purus delivered robust year-over-year revenue growth in Q3 2022 coupled with continued strong commercial momentum in hydrogen distribution applications.  

Q3 2022 highlights:

Revenue grew 115 % year over year to NOK 222 million, including NOK 143 million contribution from Wystrach driven by strong demand in hydrogen distribution applications

Received purchase orders worth NOK 290 million for hydrogen distribution systems from multiple customers to be deployed in Europe including Germany, Poland and Netherlands

Exited the quarter with total backlog exceeding NOK 1 billion

Successfully closed the acquisition of 40% of Cryoshelter’s liquid hydrogen business bringing early-stage expertise in liquid hydrogen tank technology for zero emission mobility applications which could potentially result in a future complementary offering to Hexagon Purus’s market leading compressed hydrogen cylinder technology

In the third quarter of 2022, Hexagon Purus Group (“the Company”) generated NOK 222 (103) million in revenue and recorded operating profit before depreciation (EBITDA) of NOK -92 (-80) million. Revenue growth of 115 % was driven by the acquisition of Wystrach which contributed NOK 143 million in sales.

Continued investments in personnel and infrastructure to support and accelerate Hexagon Purus’ future growth drive negative profitability. Additionally, the Group has been subject to inflationary pressure in the cost of its key inputs which is being addressed through offsetting pricing actions as well as cost reduction efforts.

Key developments after balance sheet date:

Secured a framework agreement for delivery of hydrogen distribution systems to a leading European producer of green hydrogen; the minimum value of the framework agreement is approximately EUR 9.7 million

Selected by CaetanoBus as preferred supplier of high-pressure hydrogen fuel systems for serially produced fuel cell transit buses, the estimated potential value over the lifetime of the frame agreement is approximately EUR 35 million

 Presentation of the results:

Hexagon Purus will present the Q3 2022 results at 08:30 CET and the presentation will be broadcasted live via https://hexagonpurus.kg5.no/.   

The presentation will be held in English and be virtual. Recording of the presentation will be made available on www.hexagonpurus.com.  

For more information:

Mathias Meidell, IR Director, Hexagon Purus ASA
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

Dilip Warrier, CFO, Hexagon Purus ASA
Telephone: +1 949-236-5528 | dilip.warrier@hexagonpurus.com

About Hexagon Purus ASA

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles. Hexagon Purus' products are used in a variety of applications including light, medium and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail and aerospace.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and LinkedIn.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

https://www.globenewswire.com/news-release/2022/11/01/2545097/0/en/Hexagon-Purus-ASA-Results-for-the-third-quarter-2022.html

Redigert 01.11.2022 kl 08:26 Du må logge inn for å svare
Liso
31.10.2022 kl 15:13 42797

Kan ikke forstå annet enn at denne aksjen nå roper KJØP med store bokstaver
Rect Angel
31.10.2022 kl 13:14 42790

Ser man det. Når man snakker om sola, hender det at den skinner. Berørte spesifikt hydrogenbuss i et innlegg
her på denne tråden 28.10.2022 kl 14:06.

Godsakene bare fortsetter å rulle inn til Hexagon Group nå!

For mindre enn et par timer siden børsmeldte Hexagon Purus i dag mandag 31.oktober ny kontrakt, om leveranser av drivstoffsystemer inkludert hydrogentanker til CaetanoBus, potensielt verdt 360 millioner NOK++. 👍


Hexagon Purus selected by CaetanoBus as preferred supplier of high-pressure hydrogen fuel systems for fuel cell transit buses

October 31, 2022 06:25 ET | Source: Hexagon Composites ASA

Hexagon Purus, a world leading supplier of zero emission mobility solutions, has entered into a four-year supply agreement with CaetanoBus as their preferred supplier of hydrogen fuel systems for serially produced fuel-cell transit buses. Hexagon Purus is already a supplier to CaetanoBus and has delivered several hydrogen fuel systems. This agreement further formalizes and cements the relationship between the two partners.

The hydrogen fuel systems will be supplied from Hexagon Purus’ facility in Kassel, Germany. The estimated potential value over the lifetime of the frame agreement is approximately EUR 35 million (approximately NOK 350 million).   

Driving Energy Transformation

“CaetanoBus works to provide safer and greener solutions based on our product experience, advanced technology and passion for transporting people worldwide”, says Patricia Vasconcelos, CEO of CaetanoBus. “We are happy to have Hexagon Purus onboard the team as a reliable partner and supplier of hydrogen fuel storage systems for serial production of our fuel-cell transit buses”.

“Becoming the preferred supplier of hydrogen fuel systems for CaetanoBus’ transit buses highlights our strong market position with European bus OEMs”, says Michael Kleschinski, Executive Vice President of Hexagon Purus.

“We are pleased to have successfully supported Hexagon Purus’ business growth by leveraging the synergies between their competitive solutions with our global network”, says Takafumi Kasai, General Manager of Functional Materials Div. in Mitsui. “More specifically, it is a true joy that we can contribute to further business expansion between two leading zero-emission players: Hexagon Purus and CateanoBus”.

About the market

The transportation sector is accountable for about 20% of annual carbon emissions globally, and hydrogen has a significant role to play in reducing emissions from this sector and other “hard to abate” sectors. Making green hydrogen available for use in the transportation sector is critical to reduce carbon emissions.

As hydrogen, a key contributor to the energy transition, continues to build momentum globally, more than 30 countries have released hydrogen roadmaps, over USD 70 billion in government funding is committed to hydrogen investments, 500 large-scale hydrogen projects have been announced by the industry to date and green hydrogen is projected to supply up to 25% of the world's energy needs by 2050.

For more information:

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

About CaetanoBus

CaetanoBus, part of Toyota Caetano Portugal and Mitsui & Co, is a bus and chassis manufacturer in Portugal. The company has a consolidated offer in vehicles for cities and airports, resulting from its technical capacity in developing unique, customer-oriented mobility solutions. CaetanoBus is also the manufacturer of COBUS, the world’s market leader in airport bus transportation. CaetanoBus has been focusing on electric mobility since 1980. Most of our products are intended for export and are now transporting people worldwide. It is a company that uses technology, innovation, and design to be always one step ahead, closer to the future.

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles. Hexagon Purus’ products are used in a variety of applications including light, medium and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail and aerospace.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/10/31/2544400/0/en/Hexagon-Purus-selected-by-CaetanoBus-as-preferred-supplier-of-high-pressure-hydrogen-fuel-systems-for-fuel-cell-transit-buses.html
Redigert 31.10.2022 kl 15:02 Du må logge inn for å svare
Rect Angel
29.10.2022 kl 15:53 42958

Nå drar det seg til! Hittil har nærmest alt skjedd i California når det gjelder hydrogen som energibærerer innen transportsektoren i USA. Men nå forventes en hydrogenboom innen transportsektoren over hele USA som en konsekvens av føderale myndigheters gedigne finansielle stimulipakker.

Og i denne artikkelen om alliansene som nå dannes innen bransjen, dukker det opp en for oss her hjemme kjent aktør som ser store muligheter. For den som ikke måtte vite det, er Hexagon Group vel etablert i USA og utvider for tiden produksjonskapasiteten på flere lokasjoner på det nord-amerikanske kontinentet, i Europa og Kina.

Morten Holum, CEO, of Hexagon Purus, a provider of hydrogen fuel and distributions systems, pointed out that in addition to the $7 billion set aside to create hydrogen hubs, the nascent zero-emission industry is also getting a big boost from the largest U.S. climate and tax bill to date – the Inflation Reduction Act, which was passed into law in August.

“It aims to reduce carbon emissions by roughly 40% by 2030, and reach net zero carbon emissions in the U.S. by 2050,” Holum explained. “It unlocks $370 billion of funding for clean energy and domestic energy production and includes a hydrogen production tax credit of up to $3.0/kg.”


ALTERNATIVE POWER
HYDROGEN FUEL CELL

Hydrogen partnerships springing up across the U.S. could accelerate fuel cell adoption

Tom Quimby, CCJ senior editor
Oct 28, 2022

https://www.ccjdigital.com/alternative-power/hydrogen-fuel-cell/article/15302271/hydrogen-partnerships-springing-up-across-the-us-could-accelerate-fuel-cell-adoption

Redigert 29.10.2022 kl 18:52 Du må logge inn for å svare
Rect Angel
28.10.2022 kl 14:06 43033

Ja, helt klart et gigantmarked for (grønt) hydrogen ex. transportsektoren.

For ordens skyld: Hexagon Purus utvikler, designer og leverer også batterliløsninger til transportsektoren. Jamnfør f.eks. denne avtalen med 100% Toyota-eide, USA-baserte Hino Motors, verdt ca. 10.3 milliarder NOK, gitt realtime USD/NOK 10.316


Hexagon Purus signs agreement with Hino Motors to supply battery packs for serial production of zero emission heavy-duty vehicles

February 11, 2022 01:30 ET | Source: Hexagon Composites ASA

https://www.globenewswire.com/news-release/2022/02/11/2383407/0/en/Hexagon-Purus-signs-agreement-with-Hino-Motors-to-supply-battery-packs-for-serial-production-of-zero-emission-heavy-duty-vehicles.html


Videre angående hydrogen anvendt som energibærer innen transportsektoren. Dagens avtale dreier seg bl.a. om distribusjon av hydrogen til transportsektoren. En god del hydrogenbusser (mange av disse med hydrogentanker/type-4 sylindere og drivstoffsystemer levert av Hexagon Purus) kjører f.eks. allerede i europeiske storbyer og i Nord-Amerika.

Utelukker personlig allerede nå at batteridrevet "tar hele kaka" innen transportsektoren. Batteri er i stor grad uegnet innen sektorer som maritimt, luftfart, jernbane, gruvemaskineri, anleggsmaskineri. Tror også på mye hydrogen innen tyngste/lang rekkevidde tungtransport. Vil på sikt ikke utelukke hydrogen innen noen sektor innen transport. Jmfr. f.eks. det pågående Hexagon Purus prosjektet for utvikling av flate hydrogentanker for personbiler i samarbeid med BMW, Bosch og TesTneT Engineering GmbH. Meget spennende det!


Hexagon Purus joins forces with BMW, Bosch and TesTneT on project “FlatHyStor” to research innovative hydrogen storage system solutions for hydrogen-powered vehicles

February 03, 2022 10:35 ET | Source: Hexagon Composites ASA

https://www.globenewswire.com/news-release/2022/02/03/2378688/0/en/Hexagon-Purus-joins-forces-with-BMW-Bosch-and-TesTneT-on-project-FlatHyStor-to-research-innovative-hydrogen-storage-system-solutions-for-hydrogen-powered-vehicles.html
Redigert 29.10.2022 kl 11:52 Du må logge inn for å svare
Gitarhelt1
28.10.2022 kl 13:37 43031

Hvis batterier fullt og helt vinner over hydrogen når det kommer til transportmidler, er det allikevel et gigantmarked for hydrogen?
Rect Angel
28.10.2022 kl 13:00 43055

Super dupert! 👍 God helg


Commercial cooperation between Hexagon Purus and Lhyfe for distribution of green and renewable hydrogen in Europe

October 28, 2022 - Press Release

(Oslo, Norway and Nantes, France, 28 October 2022)

Hexagon Purus, a leading hydrogen systems supplier, and Lhyfe, a world pioneer in the production of green and renewable hydrogen for transportation and industrial applications, recently entered into a commercial cooperation for delivery of Hexagon Purus’ type 4 hydrogen distribution systems. As a result, Lhyfe will be able to deliver a maximum of 19 tons of green hydrogen per trip, corresponding to the consumption of 650 transit buses.

“Demand for green hydrogen will surge in the coming years and Lhyfe aims to become one of the leading green and renewable hydrogen producers in Europe”, says Matthieu Guesné, CEO & founder of Lhyfe. “We are very happy to have Hexagon Purus supporting our efforts in providing green and renewable hydrogen for transportation and industry applications in Europe”.

Antoine Hamon, Director of Operations at Lhyfe, continues: "The conclusion of this important cooperation with an industry leader such as Hexagon Purus allows us to secure our logistics capacity, and to meet the needs of our rapid development across Europe."

“We are very happy to cooperate with Lhyfe and support their ambitious growth plans for green hydrogen in Europe”, says Michael Kleschinski, EVP of Hexagon Purus. “Our distribution systems with Type 4 composite high-pressure cylinders are the preferred technology for bulk distribution of compressed hydrogen”.

Lhyfe counts among its strategic investors made by Mitsui & Co., Ltd. which is also a shareholder and strategic alliance partner of Hexagon Purus. As a common strategic partner, Mitsui has played an important facilitating role in this agreement and has helped accelerate the deployment of green hydrogen in Europe.

Hiroshi Kakiuchi, Chief Operating Officer of Performance Material Business Unit of Mitsui says: “Beyond the support we can individually provide each of our partners with, we are also committed to fostering synergies between these partners that have a common vision and interests with Mitsui to decarbonize the mobility and industry sector as well as to creating a framework of trust to facilitate their collaborations. The signing of this agreement between Hexagon Purus and Lhyfe is a success that we are delighted with.”

About the market

The industrial and mobility sectors are accountable for close to 50% of annual carbon emissions globally, and hydrogen has a significant role to play in reducing these emissions, particularly in “hard to abate” sectors. Making green hydrogen available for use in industrial processes and mobility is critical to reduce carbon emissions.

As hydrogen, a key contributor to the energy transition, continues to build momentum globally, more than 30 countries have released hydrogen roadmaps, over USD 70 billion in government funding is committed to hydrogen investments, more than 500 large-scale hydrogen projects have been announced by the industry to date and green hydrogen is projected to supply up to 25% of the world's energy needs by 2050.

For more information:

Investor contacts:

Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

Maria Pardo Saleme, CFO, Lhyfe
maria.pardosaleme@lhyfe.com

Press contacts:

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Industry Press Relations att. Clémence Rebours
Telephone: +33 (0)6 60 57 76 43 | c.rebours@nouvelles-graines.com

Financial Press Relations att. Manon Clairet
Telephone: +33 (0)1 53 67 36 73 | mclairet@actus.fr

About Lhyfe

Launched in Nantes (France) in 2017, Lhyfe produces and supplies green and renewable hydrogen for mobility and industry. Its production plants and upcoming projects are designed to provide green and renewable hydrogen in industrial quantities and form part of a virtuous energy model benefitting the environment. The company is a member of France Hydrogène and of Hydrogen Europe. Lhyfe inaugurated its first renewable green hydrogen industrial production site in the second half of 2021. The company has a commercial pipeline representing a total production capacity of 9.8 GW by 2030 (figure as of September 2022). Following an offshore research programme initiated in 2019, a test phase in real conditions for the world’s first offshore renewable green hydrogen production pilot site linked to a floating wind farm was started in September 2022.

For more information go to www.lhyfe.com

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylinders and systems, battery systems and vehicle integration solutions for fuel cell electric and battery electric vehicles. Hexagon Purus' products are used in a variety of applications including light, medium and heavy-duty vehicles, buses, ground storage, distribution, refueling, maritime, rail and aerospace.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and LinkedIn.

About Mitsui

Mitsui & Co., Ltd. (8031: JP) is a global trading and investment company with a diversified business portfolio that spans approximately 63 countries in Asia, Europe, North, Central & South America, The Middle East, Africa and Oceania. Mitsui has about 5,500 employees and deploys talent around the globe to identify, develop, and grow businesses in collaboration with a global network of trusted partners. Mitsui has built a strong and diverse core business portfolio covering the Mineral and Metal Resources, Energy, Machinery and Infrastructure, and Chemicals industries.

Leveraging its strengths, Mitsui has further diversified beyond its core profit pillars to create multifaceted value in new areas, including innovative Energy Solutions, Healthcare & Nutrition and through a strategic focus on high-growth Asian markets. This strategy aims to derive growth opportunities by harnessing some of the world’s main mega-trends: sustainability, health & wellness, digitalization and the growing power of the consumer.

Mitsui has a long heritage in Asia, where it has established a diverse and strategic portfolio of businesses and partners that gives it a strong differentiating edge, provides exceptional access for all global partners to the world’s fastest growing region and strengthens its international portfolio.

For more information on Mitsui & Co’s businesses visit, www.mitsui.com.

https://hexagonpurus.com/news/commercial-cooperation-between-hexagon-purus-and-lhyfe-for-distribution-of-green-and-renewable-hydrogen-in-europe

Rect Angel
19.10.2022 kl 23:37 43331

Nettopp. Man ser ut til å levere solid på guidet omsetning gitt i begynnelsen av året. Da bør det ikke være så vanskelig å skjønne resten. I år ble det helt bakvendtland og en på trynet å ha full ordrebok for 2022 allerede ved årets begynnelse, noe ledelsen fortalte at man hadde under Q & A på Q presentasjon. Uflaks! Men gledelig nok meldte man jo forleden om at prisøkningen på energi og råvarer inn til produksjon i altoverveiende grad vil være hentet inn fra kundene/partnerne når man blar om i ordreboken til 2023. Når det gjelder problemene i forsyningskjedene så berører jo de Hexagon Group i likhet med utallige andre virksomheter. Hot word: RNG
Redigert 19.10.2022 kl 23:47 Du må logge inn for å svare
Gitarhelt1
19.10.2022 kl 23:15 43311

Ja og EBITDA guidingen er også bra nok i massevis sett i lys av hvordan det går i verden ellers nå
Rect Angel
19.10.2022 kl 23:05 43162

De tre foregående børsdager har bydd på samme antall flotte, børsmeldte kontrakter til Hexagon Group, tilsammen verdt mer enn 400 millioner NOK. To til Hexagon Composites, verdt tilsammen ca. 309 milloner NOK, og en til Hexagon Purus verdt minimum ca. 100 millioner NOK. Hertil er vi vitner til gedigne nyheter fra makroøkonomien som med all ønskelig tydelighet demonstrerer at klodens giganter innen energiproduksjon nå i full fart er på vei inn i biometan/RNG/renewable gas produksjon og gjør svære investeringer.

Mandag fikk vi nyheten om at BP kjøper biometan/RNG/renewable natural gas selskapet Archaea Energy for US$ 4.1 milliarder (se innlegg på denne tråden 17.10.2022 kl 15:45)

I dag får vi så vite at Shell står midt oppi en intens budkamp med sikte på å kjøpe det danske biometan/RNG/renewable natural gas selskapet Nature Energy. Pris anslått til ca. US$ 2 milliarder.

Klodens giganter innen energiproduksjon har altså lest skriften på veggen og skjønt hvilken vei man nå må følge inn i fremtiden hvis man fortsett ønsker å være relevant.

Så utviklingen nå er, mildt sagt, lovende for Hexagon Group og fremtidsutsiktene synes svært lyse! Minner i den forbindelse om hva CEO Engeset sa om Hexagon Composites' fremtidsutsikter i forbindelse med Q2 2022 presentasjonen i august (se trådstart for mer):

"Looking ahead, we believe that the US Inflation Reduction Act and the European Commission’s REPower EU, as well as similar programs in other major economies, will drive Hexagon’s total addressable market to new levels"


BIZTECH NEWS

Shell advances to next round of bidding for Danish biogas maker Nature Energy -sources

By Reuters  •  Updated: 19/10/2022 - 11:15

By Ron Bousso and Isla Binnie

LONDON – Shell is among a number of companies joining a second bidding round to acquire Danish biogas producer Nature Energy, three sources familiar with the matter said, as energy firms race to boost low-carbon businesses.

The sale is due to close by the end of this year and could value Nature Energy at around $2 billion, the sources said.

It comes amid growing interest in biogas, which is produced from agricultural and other biological waste and could replace some of the fossil fuels that keep the world’s major economies running.

BP on Monday agreed to buy U.S.-based renewable natural gas producer Archaea Energy Inc for about $4.1 billion. It aims to grow its production five-fold by 2030.

https://www.euronews.com/next/2022/10/19/natureenergy-m-a

Rect Angel
18.10.2022 kl 11:41 43202

Hexagon Digital Wave har signert en treårig avtale med Certarus Ltd. (Certarus), den ledende leverandøren av nøkkelferdige virtuelle rørledningsløsninger i Nord-Amerika, verdt ca. 21 millioner NOK. Serviceavtalen innebærer at Hexagon Digital Wave skal gjennomføre nødvendige kontroller med henblikk på rekvalifisering av Certaurus' Type-4 sylindere for gasstransport (CNG og RNG).

Hexagon Digital Wave er Hexagon Composites' nyeste divisjon, og CEO Engeset og CFO Bandele rapporterte under Q2 2022 presentasjonen i august at divisjonen allerede genererer overskudd. Så denne avtalen med Nord-Amerikas ledende aktør innen sitt forretningsområde, er selvfølgelig veldig godt nytt.

Fremstår som en ganske så imponerende teknologisk løsning Hexagon Digital Waves MAE (Modal Acoustic Emission) teknologi.


Hexagon Digital Wave signs long term agreement with Certarus using Modal Acoustic Emission technology to requalify Type-4 cylinders

October 18, 2022 03:00 ET | Source: Hexagon Composites ASA

18 October 2022: Hexagon Digital Wave has signed a long-term agreement with Certarus Ltd. (Certarus), the leading provider of turnkey virtual pipeline solutions in North America. Hexagon Digital Wave will perform in situ Modal Acoustic Emission (MAE) requalification of Type-4 cylinders used for transportation of compressed natural and renewable natural gas (CNG/RNG). MAE enables the requalification of Type-4 cylinders without removal from the trailer, resulting in reduced downtime and operator overhead, all while providing the most effective assessment of composite structural integrity available. The long-term agreement has a 3-year term and estimated value of USD 2 million ( approx. NOK 21 million).

Driving Energy Transformation

“This agreement confirms that the future of MAE in the CNG and RNG industry remains strong. It’s also a testament to Certarus’s continued commitment to safety by leveraging best available technology” says Melissa Holler, President of Hexagon Digital Wave. “We look forward to supporting Certarus with requalifications of Type-4 cylinders and are pleased to be working with such an industry leader to further this adoption in the years to come.”

“Hexagon has been instrumental to the growth of Certarus and we look forward to continuing our relationship through this new agreement. MAE will ensure that our equipment remains safe and reliable while reducing the downtime and expense typically associated with requalification. We also believe that MAE will support current data suggesting that the useful life of our assets extends beyond initial industry expectations,” said Curtis Philippon, President and CEO of Certarus.

About the market

MAE uses advanced electronics and sensors that capture broadband waveforms to identify whether structural integrity deficiencies are present in Composite Overwrappped Pressure Vessels (COPVs).  The use of MAE is a requalification method adopted by the US Department of Transportation (US/DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) and Transport Canada for the five (5) year requalification requirement.  Hexagon Digital Wave performs requalification of COPVs under its US DOT special permit 20396. By performing inspections in situ, the need to vent trailer contents to the atmosphere is eliminated, enabling our customers to reduce greenhouse gas (GHG) emissions and meet their sustainability goals.

A significant increase in customer demand for compressed gas transport is driving module owners to seek safe, yet time efficient methods of cylinder requalification. Hexagon Digital Wave’s MAE services meet these requirements, and when leveraged, alleviate pain points for customers and module suppliers alike.

Timing

Requalification is set to begin in the fourth quarter of 2022.

Contacts:

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com 

About Hexagon Digital Wave

Hexagon Digital Wave, a subsidiary of Hexagon Composites ASA, is a manufacturer of Ultrasonic Examination (UE) cylinder testing equipment, Modal Acoustic Emission (MAE) testing equipment and a provider of associated inspection services. With applications worldwide, Hexagon Digital Wave serves government entities, academic institutions, and private clients in the compressed gas and pressure vessel industries.

About Certarus

Certarus is the North American leader in providing on-road low carbon energy solutions through a fully integrated CNG, RNG, and hydrogen platform. Certarus safely delivers clean burning fuels to energy, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Certarus is leading the energy transition and helping customers lower operating costs and improve environmental performance. With the largest fleet of mobile gas storage units in North America, Certarus is uniquely positioned to meet the growing demand for low and zero-emission energy distribution.

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn

https://www.globenewswire.com/news-release/2022/10/18/2536023/0/en/Hexagon-Digital-Wave-signs-long-term-agreement-with-Certarus-using-Modal-Acoustic-Emission-technology-to-requalify-Type-4-cylinders.html
Rect Angel
17.10.2022 kl 15:45 43115

Nye kontrakt børsmeldt av Hexagon Composites i dag altså, verdt ca. 288 millioner NOK, innen RNG (se innlegg her på tråden i dag 17.10.2022, 10:28).

Og stadige større bevegelser innen RNG sektoren. De helt store spillerne innen energiproduksjon entrer banen. Chevron har f.eks. vært på ballen en god stund nå. Her en helt fersk nyhet som ble publisert for et kvarters tid siden om at BP posisjonerer gjennom oppkjøp.

Meget gledelig utvikling for Hexagon Composites dette. Ditto for vår alles klode.

“This deal accelerates our ability to deliver cleaner energy, generate significant earnings in a fast-growing sector and help reduce emissions. This could help bp take a significant stride toward our net zero ambition,” Dave Lawler, chairman and president of BP America, said in the news release.


BP to Buy Archaea Energy. The Renewable Natural Gas Stock Is Soaring.

Published: Oct. 17, 2022 at 9:14 a.m. ET
By Angela Palumbo

Archaea Energy shares soared Monday after announcing it would be acquired by British oil giant BP for $4.1 billion.

BP (ticker: BP) will pay $3.3 billion in cash, or $26 per share, for renewable natural gas company Archaea (LFG), as well as around $800 million for the company’s debt, according to a news release. That’s a 38% premium to Archaea’s volume weighted average share price for the 30 days ending October 14, the companies said.

The deal is subject to regulatory and shareholder approvals, and both companies hope the deal will close by the end of this year.

Upon completion of the transaction, Archaea will operate as a subsidiary within BP, according to a joint news release.

“This deal accelerates our ability to deliver cleaner energy, generate significant earnings in a fast-growing sector and help reduce emissions. This could help bp take a significant stride toward our net zero ambition,” Dave Lawler, chairman and president of BP America, said in the news release.

Shares of Archaea Energy surged 52% in premarket trading Monday to $25.73. BP’s American depositary receipts were also 1% higher in the premarket session Monday.

Archaea went public through a merger with a special purpose acquisition company, or SPAC, in Sept. 2021. Coming into Monday trading, the stock had fallen 7.7% in 2022 and 5.3% in the last 12 months.

Write to Angela Palumbo at angela.palumbo@dowjones.com

https://www.marketwatch.com/articles/bp-buy-archaea-energy-renewable-natural-gas-stock-51666012414?siteid=bigcharts&dist=bigcharts
Redigert 17.10.2022 kl 15:50 Du må logge inn for å svare
Liso
17.10.2022 kl 10:54 43115

DNB Markets tar opp dekning av Hexagon Composites med en kjøpsanbefaling og kursmål på 29 kroner pr. aksje.

Det fremgår av en analyse fra meglerhuset søndag.

Meglerhuset mener at aksjen handles til en betydelig rabatt mot sammenlignbare selskapet og meglerhuset ser dermed et sterkt reprisingspotensial.
Rect Angel
17.10.2022 kl 10:28 42973

Hexagon Agility som står for ca. 85% for omsetningen til Hexagon Composites, børsmelder i dag mandag 17.oktober en ny kontrakt til en verdi av ca. 288 millioner NOK med en 'major heavy-duty fleet in North America'.

Hvis man leser gjennom denne børsmeldingen, bør det være heller enkelt å forstå at Hexagon Group (Hexagon Composites og Hexagon Purus) som begge er meget vel etablert og 'as we speak' ekspanderer kraftig på kontinentet, nå går en stor fremtid i møte i Nord-Amerika som følge av USAs føderale myndigheters politiske føringer og finasielle stimuli.

For de som ikke måtte vite det, kjører f.eks. ca. 80% av dagens gassdrevne mellom- og tungtransportkjøretøy i Nord-Amerika rundt med tanker og tilhørende drivstoffsystemer installert og levert av Hexagon Agility. Og det som står i denne børsmeldingen, er vel nærmest et svart på hvitt statement om at det kan forventes meget sterk vekst i årevis fremover innen dette forretningssegmentet i Nord-Amerika. Så Hexagon Agilitys nåværende markedsandel innen segmentet på 80% (!!!), gjør man nok lurt i å bite seg merke i.


Hexagon Agility receives orders from major heavy-duty fleet in North America

October 17, 2022 01:00 ET | Source: Hexagon Composites ASA

Hexagon Agility, a subsidiary of Hexagon Composites, has received orders from a major heavy-duty fleet in North America for renewable natural gas (RNG) fuel systems. The orders represent an estimated value of USD 27.1 million (approx. NOK 288 million).

“We commend our customer for its ongoing commitment to further its emission reduction targets through the use of renewable natural gas,” said Seung Baik, President of Hexagon Agility. “In 2021, 64% of all on-road fuel used in the United States for natural gas vehicles was RNG, delivering carbon negative results nationwide. With the recent USD 0.50 per gallon federal Alternative Fuel Tax Credit extension, our government has affirmed its commitment to supporting RNG for years to come.”

About the market

RNG results in the greatest reduction of greenhouse gas emissions of any clean energy solution available today in the transport sector. In addition, RNG is supported by vast infrastructure in North America, allowing for immediate deployment of this cost effective and commercially available technology. Research shows that RNG derived from agricultural waste can offer more than 200% improvement in well-to-wheel emission reductions compared to diesel, and is the only carbon-negative fuel available.

In the U.S., the Inflation Reduction Act signed into law in August aims to bring down costs and boost energy supply, cutting inflation and substantially reducing greenhouse gas emissions. Of the total USD 739 billion package, USD 369 billion is earmarked for “Energy Security and Climate Change” which would put the U.S. on a path to a roughly 40% emissions reduction by 2030. Tens of billions of dollars will go toward supporting renewable energy development, including tax credits and grants for clean fuels and clean commercial vehicles, including heavy-duty vehicles such as transit buses and garbage trucks.

Timing

Deliveries of the fuel systems are scheduled to start Q1 2023.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com  

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Its product offerings include (renewable) natural gas storage and distribution systems, Type 4 composite natural gas cylinders, propane, and (renewable) natural gas fuel systems. These products transport clean gaseous fuels and enable vehicles to reduce emissions while saving operating costs. Learn more at www.hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

https://www.globenewswire.com/news-release/2022/10/17/2535088/0/en/Hexagon-Agility-receives-orders-from-major-heavy-duty-fleet-in-North-America.html
Redigert 17.10.2022 kl 10:51 Du må logge inn for å svare