REVO ZERO and Grupo Édora Join Forces to Accelerate the Green Hydrogen Revolution

This strategic partnership will expedite the deployment of a first-of-its-kind green hydrogen refueling network across the U.S. and Europe.

HERNDON, VIRGINIA, Sept. 25, 2024 (GLOBE NEWSWIRE) — REVO ZERO Corporation, a zero-emissions technology company, and Grupo Édora, a leading European renewable energy developer, announce Grupo Édora's strategic investment in REVO ZERO to accelerate the deployment of a green hydrogen generation and refueling network in the United States and Europe. This partnership will play a pivotal role in advancing the hydrogen economy and reducing carbon emissions globally.

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Under the terms of this strategic investment, Grupo Édora has acquired a stake in REVO ZERO, and the two companies will collaborate on developing, financing, and deploying green hydrogen projects globally. REVO ZERO's innovative modular approach to hydrogen generation and dispensing, combined with Grupo Édora's renewable energy infrastructure expertise, will drive the creation of a hydrogen refueling network that could transform the transportation industry.

Ruben G. Creus, CEO of REVO ZERO, said, “We are excited to partner with Grupo Édora. Their experience in renewable energy development and commitment to sustainability makes them the perfect strategic partner for us to achieve our goals. This partnership will enable us to create the first private global hydrogen refueling network quickly and economically."

"This strategic investment in REVO ZERO will advance Grupo Édora's international expansion into the United States," said Rafael Martín, CEO of Grupo Édora. The two companies are already evaluating multiple solar projects in the southern corridor of the U.S. to generate green energy for hydrogen production.

The partnership will accelerate the deployment of hydrogen infrastructure for commercial closed-loop environments such as airports, municipalities, and universities. The goal is to eventually provide consumer access to green hydrogen refueling stations, setting the stage for a sustainable future in transportation. This network will also allow REVO ZERO to introduce its proprietary pFC Technology vehicles, which feature a plug-in battery and hydrogen fuel cell, offering a range of up to 700 miles and a refuel time of around 7 minutes.

In addition to the network's deployment, Rafael Martín, a vehicle enthusiast and owner of one of the most impressive exotic vehicle collections in Europe, will join the REVO ZERO vehicle engineering team as a special advisor. Martín’s expertise and passion for automobiles will help shape the future of zero-emissions vehicles in collaboration with REVO ZERO’s team.

This partnership represents a significant milestone in the transition to green hydrogen within the transportation industry. Both companies are well-positioned to lead the charge in this emerging sector, with their collaboration paving the way for a cleaner and more sustainable future. For more information on this partnership, visit REVO ZERO and Grupo Édora.