Torrent Capital Embraces Green Hydrogen Future – TipRanks.com

Torrent Capital Ltd (EET:TORR) has posted an update.

Torrent Capital Ltd. celebrates a significant breakthrough in green energy collaboration between Canada and Germany, marked by the signing of a letter of intent and a memorandum of understanding supporting the export of Canadian green hydrogen to Germany. Torrent Capital joint venture Argentia Capital Inc. is set to invest in a 300 MW wind-powered green hydrogen and ammonia production project at the Port of Argentia, with potential to earn royalty income and take an equity stake up to 12.5%. . This initiative underlines the company's commitment to promoting innovative and sustainable energy projects with long-term economic benefits.

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