New Energy Corp Advances Green Hydrogen Project

New Times Energy Corporation Limited (HK:0166) has released an update.

New Times Energy Corporation Limited has announced the signing of a non-binding MOU with Quantum Technology Corporation for the co-development of green hydrogen production plants in Campbell River, B.C., aiming to supply zero-emission fuels in Canada. With a focus on energy transition and sustainability, the collaboration could synergize with New Times Energy’s existing operations and lower carbon emissions if definitive agreements are reached. Shareholders are advised to exercise caution, as the deal is pending final binding agreements.

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