First Hydrogen Eyes SMRs for Green Energy

First Hydrogen (TSE:FHYD) has released an update.

First Hydrogen is exploring the use of Small Modular Reactors (SMRs) to produce green hydrogen in Canada and the EU, aiming to provide a stable and cost-effective energy supply. SMRs offer continuous power and are modular, which can reduce costs and support scalable hydrogen production. This initiative aligns with global decarbonization efforts, positioning hydrogen as a key player in clean energy strategies.

For further insights into TSE:FHYD stock, check out TipRanks’ Stock Analysis page.