Cycling power meter

Global Cycling Power Meters Business Report 2024 - Growing Popularity of E-Bikes to Spur the Demand for Cycling Power Meters

Retrieved on: 
Wednesday, December 13, 2023

DUBLIN, Dec. 13, 2023 /PRNewswire/ -- The "Cycling Power Meters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 13, 2023 /PRNewswire/ -- The "Cycling Power Meters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Cycling Power Meters estimated at US$391.5 Million in the year 2022, is projected to reach a revised size of US$549.5 Million by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.
  • Shifting its focus, the report explores the effects of COVID-19 on the cycling power meters market and the key competitors' market share in 2023, along with their competitive market presence.
  • It provides insights into cycling power meters, their types, selection criteria, and global market trends, emphasizing rapid growth, particularly in the sports bicycle sector.

Major Global Truck OEM to Expand Fueling Network with PowerTap and Its Unique On-Site Hydrogen Production and Dispensing Unit in a Strategic Partnership

Retrieved on: 
Friday, September 22, 2023

Under the terms of the HPA, PowerTap will initiate development of an initial hydrogen fueling facility in the State of California to start.

Key Points: 
  • Under the terms of the HPA, PowerTap will initiate development of an initial hydrogen fueling facility in the State of California to start.
  • "We are thrilled to partner with a world-leading Class 8 truck OEM to bring on-site hydrogen production and dispensing to our fueling stations," said PowerTap Hydrogen Fueling Corp. President and CEO Salim Rahemtulla.
  • "This partnership will enable us to expand our fueling network and provide hydrogen fuel cell electric fleets with an ultra-safe, more reliable and cost-effective source of hydrogen fuel.
  • With on-site hydrogen production and dispensing, both companies will be able to reduce their carbon footprints and support California's ambitious clean energy goals.

PowerTap Hydrogen Fueling Corp. and Coleman Industrial Gases, LLC Sign a Strategic Partnership-based "Letter of Intent" to Negotiate and Execute a CO2 and Hydrogen Purchase Agreement

Retrieved on: 
Tuesday, September 19, 2023

The parties will use their best commercial efforts to negotiate a definitive agreement ("Definitive Agreement") by December 31, 2023.

Key Points: 
  • The parties will use their best commercial efforts to negotiate a definitive agreement ("Definitive Agreement") by December 31, 2023.
  • Under this exciting partnership, PowerTap US will serve as the seller, providing both food grade CO2 and fueling grade hydrogen.
  • PowerTap US will enable Coleman’s gas supply chain with additional capacity leading to growth within their nationwide customer base.
  • Mike Coleman, Chief Executive Officer of Coleman Industrial Gases, LLC, stated, "We are excited to embark on this journey with PowerTap to leverage sustainable energy solutions and enhance our operations.

Global Hydrogen Market Set for Significant Expansion: Projected Value of $761.3 Billion by 2040 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 11, 2023

The market is divided into North America, Europe, Asia Pacific, and the Rest of the World.

Key Points: 
  • The market is divided into North America, Europe, Asia Pacific, and the Rest of the World.
  • The Asia Pacific region is also noteworthy, with a projected revenue of US$ 209,017.9 million by 2027.
  • The report offers insights such as:
    Hydrogen market poised to grow at a CAGR of 7.58% from 2023 to 2040.
  • Questions Answered in the Report:
    What is the projected growth rate of the global Hydrogen market?

Cleantech Power Corp. Enters Into Letter of Intent for Collaborative Energy Project Development

Retrieved on: 
Thursday, July 6, 2023

Both companies aim to leverage their respective expertise in the cleantech industry to advance the adoption of low carbon intensity clean hydrogen and renewable energy solutions.

Key Points: 
  • Both companies aim to leverage their respective expertise in the cleantech industry to advance the adoption of low carbon intensity clean hydrogen and renewable energy solutions.
  • The collaboration seeks to enhance both companies' value propositions with customers by combining PowerTap's hydrogen fueling technology with PWWR's fuel cells and power development projects.
  • This collaboration will enable us to deliver affordable renewable energy in the form of hydrogen and power at our various projects, furthering our commitment to sustainable energy solutions."
  • PWWR will utilize this opportunity to further enhance funding opportunities with low to no carbon power solutions as well as approaching existing sales prospects with the need for long-term baseload affordable renewable and reliable power.

PowerTap Hydrogen Fueling Corp. and Cleantech Power Corp. Enter Into Letter of Intent for Collaborative Energy Project Development

Retrieved on: 
Saturday, July 1, 2023

VANCOUVER, British Columbia and ALISO VIEJO, Calif. and DANBURY, Conn., June 30, 2023 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp. (NEO: MOVE) (OTC: MOTND) (“PowerTap” or the “Company” or “MOVE”) PowerTap Hydrogen Fueling Corp., a wholly owned subsidiary of the Company, a leading provider of on-site hydrogen fueling stations, has entered into a non-binding Letter of Intent (“LOI”) with Cleantech Power Corp. (NEO: PWWR) ("PWWR") to explore a collaborative energy project development.

Key Points: 
  • VANCOUVER, British Columbia and ALISO VIEJO, Calif. and DANBURY, Conn., June 30, 2023 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp. (NEO: MOVE) (OTC: MOTND) (“PowerTap” or the “Company” or “MOVE”) PowerTap Hydrogen Fueling Corp., a wholly owned subsidiary of the Company, a leading provider of on-site hydrogen fueling stations, has entered into a non-binding Letter of Intent (“LOI”) with Cleantech Power Corp. (NEO: PWWR) ("PWWR") to explore a collaborative energy project development.
  • Both companies aim to leverage their respective expertise in the cleantech industry to advance the adoption of low carbon intensity clean hydrogen and renewable energy solutions.
  • The collaboration seeks to enhance both companies' value propositions with customers by combining PowerTap's hydrogen fueling technology with PWWR's fuel cells and power development projects.
  • This collaboration will enable us to deliver affordable renewable energy in the form of hydrogen and power at our various projects, furthering our commitment to sustainable energy solutions."

Powertap and Luftcar Enter Into Memorandum of Understanding for Future Supply of Hydrogen to Luftcar Electric Vertical Take Off and Landing Vehicles

Retrieved on: 
Tuesday, May 16, 2023

The terms of PowerTap’s sale of hydrogen to LuftCar for use in hydrogen fuel cell electric vehicles remains subject to a definitive agreement between PowerTap and LuftCar.

Key Points: 
  • The terms of PowerTap’s sale of hydrogen to LuftCar for use in hydrogen fuel cell electric vehicles remains subject to a definitive agreement between PowerTap and LuftCar.
  • Terms such as location of sale, volume and price remain subject to further negotiations and market conditions.
  • PowerTap Hydrogen Fueling Corp. specializes in providing state-of-the-art on-site hydrogen fueling stations, while LuftCar is a well-known manufacturer of hydrogen fuel cell eVTOLs for air transportation.
  • "We are thrilled to collaborate with PowerTap to establish hydrogen refueling stations in Connecticut," said Santh Sathya, CEO of LuftCar.

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

Retrieved on: 
Tuesday, May 2, 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.

Key Points: 
  • 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 fueling station in East San Bernardino County is expected to be a significant step forward in advancing sustainable transportation options in the region.
  • By offering multiple fueling options, including hydrogen, battery electric charging, and petrol, the fueling station aims to provide convenient and accessible refueling options for a wide range of vehicles, from hydrogen fuel cell vehicles to battery electric vehicles and conventional vehicles.

PowerTap Enters into Non-Exclusive Discussions with the Humboldt Transit Authority (HTA) Regarding Potential Future Supply of Hydrogen Fuel

Retrieved on: 
Wednesday, April 12, 2023

PowerTap has been in non-exclusive discussions with the HTA about its transition to the use of hydrogen powered buses and PowerTap being a potential supplier of hydrogen fuel.

Key Points: 
  • PowerTap has been in non-exclusive discussions with the HTA about its transition to the use of hydrogen powered buses and PowerTap being a potential supplier of hydrogen fuel.
  • Any potential opportunities with the HTA remain subject to a definitive agreement.
  • PowerTap does not have a definitive schedule to advance discussions with the HTA towards any agreement at this time.
  • This would enable HTA to have access to hydrogen fuel, even if they are not within proximity to a hydrogen fueling station.

PowerTap Announces Letter of Intent with Newport Realty Group for Retail Energy Center

Retrieved on: 
Monday, April 3, 2023

The site will host an on- site hydrogen production station developed by PowerTap, which will provide fuel for light-duty FCEVs.

Key Points: 
  • The site will host an on- site hydrogen production station developed by PowerTap, which will provide fuel for light-duty FCEVs.
  • “We are thrilled to partner with Newport Realty Group to bring the benefits of clean and sustainable hydrogen energy to consumers and businesses across the west coast,” said Mr. Salim Rahemtulla, President and CEO of PowerTap.
  • “We are excited to join forces with PowerTap to create a new model for sustainable energy solutions,” said Mr. Barry Blake, President of Newport Realty Group.
  • With that as context, NRG has agreed to deliver possession of the premises to PowerTap in the second half of 2024.