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Clean Power acquires PowerTap to expand hydrogen refuelling network

Clean Power acquires PowerTap to expand hydrogen refuelling network

Clean Power has acquired the remaining shares in PowerTap Hydrogen Fuelling Corporation to become the sole shareholder of the refuelling company with a focus on hydrogen production and fuelling stations.

PowerTap’s main focus is on employing its patented hydrogen production technology to build a blue hydrogen filling station network in the US to accommodate anticipated growth in hydrogen vehicle sales.

This would see PowerTap build out a cost effective hydrogen fuelling infrastructure through its environmentally friendly intellectual property, product design for the modularised and lowest tier production cost of hydrogen and launch plan.

The technology-based hydrogen fuelling stations are already located in private enterprises and public stations in California, Texas, Massachusetts and Maryland.

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