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Hydrogen Future Industries incorporates HFI Energy Systems to reduce green electricity cost

Hydrogen Future Industries incorporates HFI Energy Systems to reduce green electricity cost

Hydrogen Future Industries PLC (AQSE:HFI) executive director David Ormerod told Proactive the best way to generate cheaper green energy was to bring technologies into the company, take higher equity in it and push for the tech itself, which is why it incorporated HFI Energy Systems Ltd.

He added in the next quarter it will concentrate on a one-metre diameter wind turbine prototype that focuses wind onto the rotor blades in the most efficient way, while the 2022 third quarter will see five-metre turbines developed, with the goal of producing green hydrogen for use in local grids in the mid to long term.