Aberdeen International’s Acquisition, AES-100 Inc. Technology Creator to Lead Panel on Fuel Cells and Batteries at the 2021...
March 15 2021 - 1:00AM
Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX:
AAB) is pleased to share an update regarding its recent
acquisition, AES-100 Inc. (see press releases dated February 1,
2021, February 11, 2021, March 3, 2021 and March 10, 2021).
Pinakin Patel, President of T2M Global, will
lead a panel on fuel cells and batteries at the 2021 Port of
the Future Virtual Conference organized by the University of
Houston in Texas. Mr. Patel will discuss the vision for a
multi-purpose energy station, built on the Advanced Electrolyzer
System (AES) technology platform. The potential market for hydrogen
energy storage at the ports is estimated to be over $40 billion per
year in the US alone.
AES-100 Inc. has acquired exclusive rights and
all intellectual property pertaining to T2M Global’s Advanced
Electrolyzer System for the production of hydrogen from dilute
syngas. T2M Global is the world’s leader in clean energy technology
using hydrogen with zero carbon footprint and no greenhouse gas
emissions.
The AES technology platform can also provide
hydrogen to refuel port vehicles for cargo handling and can also
refuel trucks to distribute the cargo to warehouses and other
destinations. The Hydrogen Fuel Cell market size was valued
at USD ~$1777 million in 2019 and is projected to
reach USD ~$5515.89 million by 2026. Mr. Patel will lead
the conference with a focus on enhanced resiliency of microgrids at
the ports using hydrogen energy storage and fuel cells.
The panel members include the world’s largest
stationary fuel cell (MW-class) manufacturer, promoters of hydrogen
infrastructure, and workforce development for advanced energy
technologies. Solutions discussed by this expert panel will apply
to all ports in the US and globally.
The 2021 Port of the Future Conference will take
place March 15-18. Mr. Patel will speak at the Panel: Fuel
Cells and Batteries Wednesday, March 17, 2021, 2:10 PM - 3:10
PM. Time Zone: (UTC-06:00) Central Time (US & Canada).
ABOUT ABERDEEN INTERNATIONAL
INC.
Aberdeen International is a global resource
investment company and merchant bank focused on small
capitalization companies in the mining and metals and renewable
energy sectors.
For additional information, please visit our
website at www.aberdeeninternational.ca.
For further information, please contact:
Ryan Ptolemy Chief Financial Officer Aberdeen
International Inc. ryanp@fmfinancialgroup.com +1 416-861-5882
This press release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, without
limitation, statements regarding: the merits and applications of
the AES technology; the potential cost savings and cost advantages
of the AES technology; the renewable energy sectors, including
hydrogen; and the Company’s future plans. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including risks inherent in the mining
industry and risks described in the public disclosure of the
Company which is available under the profile of the Company on
SEDAR at www.sedar.com and on the Company's website at
www.aberdeeninternational.com. Although the Company has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
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