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New Tech Breakthrough Makes $2.5 Trillion Hydrogen Boom Possible




FN Media Group Presents Market Commentary

LONDON, Aug. 25, 2023 /PRNewswire/ — The U.S. government has announced a proposed $7 billion (for starters) on desperately needed breakthroughs in clean hydrogen production. The Department of Energy’s (DoE) biggest bet is on nuclear power plants, which they are hoping to convert into North America’s premier clean hydrogen producers.  Companies mentioned in this release include:  Ballard Power Systems Inc. (NASDAQ: BLDP), Plug Power Inc. (NASDAQ: PLUG), Linde plc (NYSE: LIN), Shell (NYSE: SHEL), BP (NYSE: BP).

Those billions of dollars are being poured into technological innovation, lowering costs and scaling up the production of clean hydrogen, including through the use of nuclear power plants in New York, Ohio, Minnesota and Arizona.

For now, the majority of hydrogen in the United States is produced by natural gas reforming in large central plants—an important step in the energy transition. The end goal, however, is to produce hydrogen without creating carbon emissions, and that’s what the federal government’s $7billion spend is all about.

At four nuclear plants across the country, scientists are trying to perfect a process called ‘electrolysis’ to create pure, clean hydrogen. The process involves splitting water into pure hydrogen and oxygen using high temperature electrolyzers.  For now, however, the process is prohibitively expensive and energy intensive.


That could make this recent breakthrough all the more significant …

GH Power has developed a unique renewable energy technology that uses exothermic reactions to create three highly sought-after green outputs: hydrogen, alumina (aluminum oxide) and exothermic heat, killing three birds with one high-tech stone.

The hydrogen produced by the modular version of GH Power’s 2MW reactor is pure and clean, with zero emissions, zero carbon and zero waste, using only 2 inputs (recycled aluminum and water). 

GH Power has been developing the new type of reaction for hydrogen production over the past 7 years, and now it’s gearing up to flip the switch on the first commercial reactor of its kind in Hamilton Ontario, Canada. 

Flipping the switch on this new reactor comes at a critical juncture in the global energy transition. The Hydrogen Council estimates that hydrogen will represent 18% of all energy delivered to end users by 2050, avoiding 6 gigatonnes of carbon emissions annually and turning around an approximated $2.5 trillion in annual sales (not to mention creating 30 million jobs globally).



GH Power’s reactor is self-sustaining, zero emission and is a net producer of energy for consumption.  It’s 100% clean and modular, which means it can be assembled on site to power North America’s industries for the first time with clean energy and cost competitive with conventional fossil fuels.

It also produces green hydrogen, exothermic heat, as well as highly valuable green alumina, which has numerous commercial applications used for everything from lithium-ion batteries and LED lighting to semiconductor production. 

The GH Power process is proprietary and breakthrough: 

GH Power is planning to develop a plant which produces 11,700 Tonnes of green hydrogen per year to fuel 30 MW combined cycle plant with a net output of 27 MW. 


For now, the DoE puts the cost of producing hydrogen from renewable energy at about $5 per kilogram, which is about 3X higher than the price of producing hydrogen from natural gas. The DoE’s goal is to see clean hydrogen production costs decline by 80% to $1 per kilogram in a decade.

By the company’s estimates, GH Power’s reactor is already 60% cheaper than producing hydrogen by electrolysis, and it is a net producer of electricity to the grid.  Its green alumina co-product production costs are also over 85% cheaper than the most commonly used processes currently used for alumina production that rely on hydrochloric acid leaching and hydrolysis for alumina production. This could be a game changer in the decarbonization of the critical sector.

Finally, GH Power’s base 27MW net output plant design is forecast to produce a carbon offset of 1.2 million tonnes annually (based on displacing a coal fired plant the same size)

The company has also had successful tests using scrap steel (iron) as another metal fuel for hydrogen generation.   The use of recycled metals provides a scalable solution with a much lower costs basis at under a $1/kg hydrogen.  Scrap iron is the most widely available metal fuel in most markets. Not only is this a cost breakthrough, but it is a proprietary technology that embraces the idea of a circular economy with zero emissions.

The process uses recycled scrap aluminum as the key input. That aluminum is then mixed with water through a proprietary reactor designed to continuously operate to produce hydrogen, alumina and exothermic heat (power) with zero emissions. Scrap or recycled aluminum is widely available in almost every market, and can be found for as little as $1.50/kg.


It’s a new technology that can run full circle from using recyclable materials to help other companies, organizations, and industries to meet their own net-zero commitments. And it’s all modular and brings the energy to within the last mile of the energy user. For hydrogen, it could be a huge competitive advantage to be able to build a plant right where it’s needed, without massive hydrogen storage facilities and without transportation needs.


GH Power and its team of engineers have already completed Phase 1 testing of their 2MW reactor in Hamilton, Ontario, and Phase 2 testing began on June 30th. Next step is to move into commercial operations and 24-hour continuous operations. 

Revenue generation is forecast to begin in the fourth quarter, and then the future is all about scaling up from 2MW reactors to a 27MW Net Output power solution. 

The scaled-up 27 Net Output MW version of this reactor, planned for the near future, will produce the same three green outputs which can be blended with natural gas in a turbine. This could allow GH Power’s solution to integrate with existing natural gas power plants and allow companies to utilize existing assets while making a serious reduction in CO2 emissions. 


The world needs 520 million tonnes of hydrogen to achieve net-zero targets by 2050, according to the International Energy Agency (IEA). Given the current state of advancement with electrolysis for producing hydrogen and the associated costs, we won’t make that goal without alternative breakthroughs such as GH Power’s.

This award-winning technology is the result of seven years of painstaking research by world-class scientists and engineers, led by GH Power CEO Dave White, a veteran engineer in the power generation space. Combined, the GH Power team has, has well over a century of power generation experience in the design, build and operation of power plants, refineries, and other energy infrastructure.

Chief Engineer Ken Stewart has been designing and managing thermal power plant and petrochemical processes for over four decades and across eight different power plants in North Americ, while  COO Gary Grahn brings to the table 25 years of international energy experience, including in oil, gas, minerals, metals and utilities.

GH Power has been working closely with Carleton University and is the recipient of a $2.2-million grant from a joint German-Canadian government program as part of Canada’s alliance with Germany to bolster its hydrogen strategy. It’s a feather in Canada’s cap as the country seeks to become a top global supplier of clean hydrogen with a transatlantic supply chain.

The idea itself is in line with what world-renowned physicist Neil de Grasse Tyson calls the ‘cosmic perspective.’ Large-scale green hydrogen projects in existence today are only as clean as the energy required to produce them and only as plausible as the cost required to get to the end game.  “The only practical solution for society to reduce carbon emissions is to transition from 100% fossil fuels to cleaner tech, and one of the steps in tackling this is to blend cost competitive green hydrogen with fossil fuels and ramp up the hydrogen content whenever possible,” noted Dave White, GH Power CEO. 


Hydrogen Is Everywhere

Ballard Power Systems Inc. (NASDAQ:BLDP) has firmly established its presence in the vanguard of the fuel cell revolution. Their pioneering proton exchange membrane (PEM) technology is powering various transportation sectors, ranging from buses to trains. This makes Ballard not just a producer, but an influencer, guiding the green transit narrative globally.

The broader vision of Ballard is shaping the industry’s future trajectory. Investors looking to align with a forward-looking company would find Ballard’s approach and ethos resonating with global sustainability goals.

Plug Power Inc. (NASDAQ:PLUG) innovative hydrogen fuel cell systems are carving a new path in the green energy sector. Their solutions, aimed at replacing conventional batteries, mark a transformative shift in energy storage and application.

The commitment Plug Power demonstrates toward a sustainable energy future makes it a critical player in the hydrogen space. As industries transition, investors can anticipate a rising demand for Plug Power’s trailblazing solutions.


Linde plc (NYSE:LIN), with its extensive history in the industrial gas domain, is making commendable strides in the hydrogen space. Their approach is holistic, focusing on every aspect from production to infrastructure, underscoring a commitment that feels both deep and genuine.

Linde offers stability and innovation in equal measure for investors. Their vast experience combined with a proactive approach to the hydrogen revolution paints a picture of steady growth and visionary leadership.

Shell’s (NYSE:SHEL) transition narrative is both fascinating and instructive. Moving from a traditional oil major to a diversified energy company, their hydrogen initiatives reflect a broader shift towards sustainability and innovation.

Their projects in the hydrogen domain, from refueling stations to research collaborations, indicate a comprehensive and future-ready strategy. Shell’s pivot towards hydrogen is not an afterthought; it’s an integral part of their future roadmap.

BP’s (NYSE:BP) rebranding from ‘British Petroleum’ to ‘Beyond Petroleum’ is symbolic of its evolution. Once a stalwart of the traditional energy sector, it’s now championing the green energy revolution, with hydrogen being a key focus.


Their endeavors in hydrogen, be it through investments or partnerships, showcase a progressive mindset. By positioning hydrogen as a cornerstone of their future growth strategy, they’re aligning with global sustainability goals.

By. James Stafford


Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the US government is funding development of hydrogen technologies; that billions of dollars are being invested in clean hydrogen producers; that governments are aiming to help develop carbon-free clean hydrogen solutions; that nuclear power plants are being utilized to perfect electrolysis for creation of pure, clean hydrogen; that hydrogen power will be utilized as a main source of energy for the global economy in the future and replace fossil fuels and other competing alternative technologies in the future; that GH Power Inc.’s technology will be developed, commercially implemented and achieve widespread market acceptance; that GH Power will complete the development of a hydrogen reactor that will produce hydrogen 60% cheaper than by electrolysis, become a net producer of energy to the supply grid, co-produce alumina which is 85% cheaper than current production methods; that GH Power’s technology will be revolutionary in the decarbonization of the energy sector; that GH Power’s small pilot model will be scalable at the commercial level in the proposed reactor in Hamilton, Ontario, and will achieve the anticipated results of clean, carbon-free energy production and related bi-products; that GH Power can finance ongoing operations and development; that GH Power can achieve its business plans and objectives as anticipated. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition including that government may fund the development of alternative technologies instead of hydrogen based technologies; that hydrogen technology may fail to gain commercial acceptance due to safety, cost or other issues; that alternative technologies are preferred in the future to hydrogen technologies as the main replacement of fossil fuels and other energy sources; that GH Power Inc.’s technology may fail to be completely or successfully developed and commercially implemented; that alternative technologies may gain wider acceptance than those of GH Power for various reasons; that alternative technologies may result in greater energy savings and necessary bi-products; that GH Power’s technology may fail to deliver the results anticipated in a commercial setting; that GH Power’s reactor may not be developed as anticipated or at all; that GH Power may be unable to finance its ongoing operations and development; that the business of GH Power may be unsuccessful for various reasons. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.



This communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by GH Power Inc. for this article but may in the future be compensated to conduct investor awareness advertising and marketing for GH Power Inc. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct. The content of this article is based solely on our opinions which are based on very limited analysis and we are not professional analysts or advisors.

SHARE OWNERSHIP. The owner of owns shares of GH Power Inc. and therefore has an incentive to see the featured company perform well if its securities becomes listed on a stock exchange. If the securities of GH Power become listed on a stock exchange, the owner of will not notify the market when it decides to buy more or sell shares of GH Power Inc. in the market. The owner of will be buying and selling shares of this issuer for its own profit. This is why we are biased in our views and opinions in this article and why we stress that you should conduct your own extensive due diligence regarding the Company as well as seek the advice of your professional financial advisor or a registered broker-dealer before you consider investing in any securities of the company or otherwise. 

NOT AN INVESTMENT ADVISOR. is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation.

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making any investment. This communication should not be used as a basis for making any investment in any securities.


RISK OF INVESTING. Investing is inherently risky. Don’t invest or trade with money you can’t afford to lose. This is neither a solicitation nor an offer to invest or buy/sell securities. No representation is being made that any stock investment, acquisition or disposition will or is likely to achieve profits.

DISCLAIMER: is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with or any company mentioned herein.  The commentary, views and opinions expressed in this release by are solely those of and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.


This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:


Media Contact e-mail:  [email protected]   U.S. Phone: +1(954)345-0611


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Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024




STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting


The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision


The following files are available for download:

Invitation to presentation of EQT AB’s Q1 Announcement 2024,c3285895


EQT AB Group


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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs



  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”


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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update




VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.


BioVaxys Technology Corp. (, a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit and connect with us on X and LinkedIn.


Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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