Vision Energy Corporation

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VisionH2 Expands Green Energy Hub Development

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JERSEY CITY, N.J., September 7, 2022 (GLOBE NEWSWIRE) — via InvestorWire —

Vision Hydrogen Corporation (OTCQB:VIHD) (“VisionH2” or the “Company“) is pleased to announce it has secured an additional 2.1 hectares (20,670 square metres) of prime industrial lands contiguous to its existing 14.3 hectares green energy hub development in the North Sea Port of Vlissingen, the Netherlands.

VisionH2, through its wholly owned subsidiary Evolution Terminals BV, is pioneering a green energy hub capable of receiving seagoing vessels, barges, and coasters. Strategically located in Vlissingen (Flushing) at the mouth of the Westerschelde estuary in the Netherlands the liquid bulk storage terminal will be served by a dedicated deep-water jetty, rail and truck loading infrastructure that will enable direct access to purpose-built storage and handling facilities with a core focus on hydrogen carriers including ammonia, methanol, and liquid organics.

The expansion of the facility’s land assets to 16.4 hectares will allow for greater design optionality for the project, including the integration of Phase 2 infrastructure for back-cracking green ammonia to hydrogen to facilitate the import and supply of clean hydrogen to Europe.

VisionH2’s green energy hub is in an advanced stage of permitting, with the Company targeting the award of all necessary construction and environmental permits for Phase 1 by Q1 2023.

About Vision Energy

Vision Energy is an integrated energy company developing assets and solutions for the commercial, industrial and transportation sectors. Leveraging its proven track-record in site and asset procurement, accelerating development and permitting processes, plant design, and grid integration to facilitate low-carbon energy production, supply and distribution. The Company pursues reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions with the highest yield, and where possible, projects are designed to leverage existing gas and power infrastructure to integrate and facilitate import and or distribution of reduced-carbon energy to domestic and global supply chains.

Contact Information

Vision Energy
95 Christopher Columbus Drive,
16th Floor Jersey City, NJ
07302 USA
www.visionenergy.com

Investor Contact
Scott McGowan
Phone: 310.299.1717
ir@visionenergy.com

Forward Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “forecast”, “anticipate,” “believe,” “forecast,” “estimate,” “expect” and “intend,” among others. These forward-looking statements are based on current expectations, and actual results could differ materially. The Company does not undertake an obligation to update or revise any forward-looking statement. The information set forth herein speaks only as of the date hereof.