The global push for sustainable energy solutions has propelled the green hydrogen market into the investor spotlight. Now, in its latest industry report, Common Cents Media takes a closer look at North America’s green hydrogen market dynamics -- along with some key participants to watch.
—
In response to the heightening global interest in sustainable energy, Common Cents Media has published its findings on the green hydrogen market to help investors make informed decisions about the assets they purchase.
For more information, please visit https://www.stockspeak.com/news/green-hydrogen-market
Green hydrogen is typically produced from water electrolysis, a process that is powered by sustainable energy. Because said process results in a negligible carbon footprint, the use of hydrogen as a clean alternative to fossil fuels can potentially decarbonize many sectors and result in significant reductions in emissions, according to Common Cents Media.
While public and policymaker support for the green hydrogen industry is growing, the report cautions readers against making hasty investing decisions, as the production of technologies and facilities that produce and employ hydrogen is still in its early stages for many companies.
A notable exception to this is CHARBONE Hydrogen (TSXV: CH; OTCQB: CHHYF), North America’s only publicly traded green hydrogen firm. With two green hydrogen projects set to commence production in 2024, along with development plans for 14 other modular plants in strategic industrial locations throughout the US and Canada, Common Cents Media notes that CHARBONE’s activities have the potential to pioneer the industry, making the company a worthwhile investment prospect. CHARBONE has also announced capital formation strategies with US Capital Global Partners, offtake agreements with Superior Plus to ensure that supply consistently meets demand, and actionable plans to reduce distribution costs, the latter of which will allow them to offer green hydrogen at competitive prices.
The report also lists Bloom Energy as another public company to watch, as it has begun exploring decarbonization options as part of its recent partnership with Shell. As a manufacturer of high-efficiency solid oxide electrolyzer technology, Bloom Energy is capable of generating substantial amounts of low-cost, clean hydrogen for use across Shell’s assets, among other applications.
Private enterprises such as Electric Hydrogen and Everwind Fuels have also begun funding for green hydrogen development, but these projects will likely remain inaccessible to investors for several years. Common Cents Media says that CHARBONE Hydrogen and Bloom Energy are currently the best early-stage options and encourages readers looking to include sustainable energy in their portfolios to monitor both companies closely.
Interested parties can learn more by visiting https://www.stockspeak.com/news/green-hydrogen-market
Contact Info:
Name: Common Cents Media Staff
Email: Send Email
Organization: Common Cents Media, SPC
Address: 7615 76th Avenue Northwest , Gig Harbor, WA 98335, United States
Website: https://commoncentsmedia.com
Source: PressCable
Release ID: 89126986
If there are any errors, inconsistencies, or queries arising from the content contained within this press release that require attention or if you need assistance with a press release takedown, we kindly request that you inform us immediately by contacting error@releasecontact.com. Our reliable team will be available to promptly respond within 8 hours, taking proactive measures to rectify any identified issues or providing guidance on the removal process. Ensuring accurate and dependable information is our top priority.
