The first hydrogen application for the UK government’s net zero funding


Vancouver, British Columbia–(Newsfile Corp. – July 5, 2022) – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (“FIRST HYDROGEN“or the”Company“) is pleased to announce that its subsidiary, First Hydrogen Limited, has submitted two green hydrogen projects for the first round of funding through the Government’s Net Zero Hydrogen Fund (NZHF) Tier 1 scheme The program is funded by the Department of Business, Energy and Industrial Strategy (BEIS) for £240 million. The NZHF is part of the UK Government’s initiatives to promote local green hydrogen production and is a means of to reach the ambitious goal of 10 GW of national production by 2030, or of which “at least” 5 GW must come from electrolytic sources.

The Company’s two projects will have an initial capacity of 40MW each and will be located in Carrington, Greater Manchester and the Thames Estuary area. The sites are in two regions with hydrogen growth strategies, with letters of support received for both projects from key strategic stakeholders and landowners for projects in these regions.

The Thames Estuary Growth Board (TEGB) has released a letter supporting our Tier 1 funding application, highlighting the regional demand for green hydrogen in the estuary, endorsed in the TEGB Hydrogen Route Map document. First Hydrogen also received a letter of support for its projects from INOVYN, a subsidiary of INEOS, one of the main hydrogen producers in the EU.

The Greater Manchester Combined Authority has approved and adopted a regional hydrogen and fuel cell strategy in the pursuit of net zero by 2038, supported by Manchester Metropolitan University and the Fuel Cell Innovation Centre, creating a partnership on the Manchester Hydrogen.

These Tier 1 submissions are the first step to securing financial support from the UK Government, providing grants to undertake preliminary engineering and design work, planning and progressing projects through to the pre-construction phase. Additional streams will provide construction and business model support.

The two projects in Carrington and the Thames Estuary will, when operational, provide the company’s automotive customers with a substantial portion of their green hydrogen requirements to run their hydrogen fuel cell light commercial vehicle fleets and , in combination, will produce a surplus of 7,100 tons of green hydrogen per year.

Nicholas Wrigley, Chairman of First Hydrogen Ltd., said: “Having received support from respected economic and energy authorities for our projects, we hope our applications will secure funds to fund our first hydrogen production sites. green. These sites will eventually supply our automotive customers with a guaranteed supply of green hydrogen, which is essential to the adoption of hydrogen mobility and the creation of a zero-emission transport sector. , is working to identify additional production sites for future funding rounds.”

About First Hydrogen Corp. (

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide removal systems. The company designs and builds demonstration light utility vehicles (“LCVs”) powered by hydrogen fuel cells under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a range of over 500 kilometers. At the same time, the company has launched its bespoke vehicle design phase which will develop its fleet of zero-emission clean vehicles. First Hydrogen is also developing refueling capability in conjunction with FEV Consulting GmbH, the automotive consultancy of the FEV Group of Aachen in Germany. The Company is also looking for opportunities in the production and distribution of green hydrogen in the UK and elsewhere.

About the Net Zero Hydrogen Fund (NZHF)

The Net Zero Hydrogen Fund (NZHF) aims to support the commercial deployment of new low-carbon hydrogen generation projects during the 2020s. The Net Zero Hydrogen Fund (NZHF), worth up to £240 million , will fund the development and deployment of new low-carbon hydrogen generation to reduce investment risk and lower lifetime costs. Both streams are designed to support multiple low-carbon hydrogen production technologies that meet the eligibility criteria.

About INOVYN (

A member of INEOS, INOVYN is Europe’s leading vinyl producer and one of the top three in the world. With annual sales of €3.1 billion, INOVYN has approximately 4,200 employees and chemical manufacturing, sales and marketing operations in 8 countries across Europe. INOVYN’s portfolio consists of a wide range of cutting-edge products spanning general purpose vinyls; Specialty vinyls; Organic chlorine derivatives; Chlor Alkali; Hydrogen and vinyl technologies. INOVYN’s annual commercial production volume is approximately 10 million tons.

On behalf of the Board of Directors of

Balraj Mann

Balraj Mann
First Hydrogen Corp.
[email protected]

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