NRG Fueling Station Plans in East San Bernardino County to Include PowerTap Hydrogen, Battery Electric Charging, and Petrol Options

VANCOUVER, British Columbia and ALISO VIEJO, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp. (NEO: MOVE) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) PowerTap Hydrogen Fueling Corp., wholly owned subsidiary of the Company is pleased to provide an update on its efforts with Newport Realty Group on a planned cutting-edge fueling station in East San Bernardino County, California, as announced in a press release on April 3, 2023. This station will offer PowerTap hydrogen onsite production/dispensing, battery electric charging, and petrol options to meet the growing demand for sustainable transportation solutions with the aim of providing efficient and cost-effective power requirements for the fueling station. The planned fueling station remains subject to the Company obtaining applicable permits, and completing sufficient financing to plan and complete construction.

The planned fueling station’s location faces challenges with limited grid power at the site and the high costs and delays in bringing additional grid power. To address this, PowerTap’s technical team has been working closely with Newport Realty Group to explore alternative solutions. NRG and PowerTap are planning to upsize the PowerTap Gen3 modular hydrogen production and dispensing unit (MHPDU) and utilize the additional hydrogen produced to generate clean electricity at high efficiency using fuel cells. This clean electricity can then be used to power EV charging stations and building loads on site, reducing the dependence on grid power. The fueling station is expected to have an estimated load of 10 MW at the site, including 1-2 MW from the PowerTap Gen3 MHPDU. This innovative approach demonstrates a commitment to sustainability and forward-thinking in developing solutions that optimize energy usage and minimize environmental impact.

"We are excited to be involved in this cutting-edge project that combines hydrogen, battery electric charging, and petrol options in a single fueling station," said Salim Rahemtulla, President and CEO of PowerTap Hydrogen Fueling Corp. "By utilizing fuel cells to generate clean electricity from hydrogen, we can provide a sustainable and cost-effective solution for powering the EV charging stations and building loads at the site, reducing the reliance on grid power and minimizing the overall carbon footprint."