VisionH2 hires QHSE consultants | Province

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JERSEY CITY, NJ, Nov. 01, 2022 (GLOBE NEWSWIRE) — Vision Hydrogen Corporation (OTCQB:VID) (“VisionH2“or the”Company”) is pleased to announce that it has engaged BMD Advies South-Netherlands (“BMD”) for environmental and building permit coordination services for its pioneering Green Energy Hub development project in the North Sea port of Vlissingen, the Netherlands, and which is designed to provide import facilities, storage and handling for green and low-carbon energy products and fuels. BMD has deployed a team of 10 consultants to prepare all required documents for the remaining permits and the EIA. The company is in an advanced stage of planning to build its green energy center and is expected to file the remaining construction and environmental permits by December 2022. The company’s Phase 1 development plan is designed to construction of approximately 400,000 cubic meters (CBM) of renewable liquid bulk storage capacity comprising 150,000 CBM allocated to green ammonia, 180,000 CBM allocated to renewable methanol and 70,000 CBM allocated to biofuels and carriers liquid organic hydrogen (LOHC). Phase 1 CAPEX is estimated at €450 million, including the jetty infrastructure.

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The Company, through its wholly owned subsidiary Evolution Terminals, has engaged BMD to provide advice, coordinate and prepare the Company’s permit applications and to support management with local and regional engagement among all stakeholders. .

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BMD is a full-service Quality, Health, Safety and Environment (QHSE) partner with nearly 100 associates in nine regional offices across the Netherlands and provides services to contractors, projects and operating businesses with knowledge specialized in occupational health and safety, environment, management & systems and energy & energy transition. They have been established in the Zeeland region for over 30 years and have established long term relationships within ports and other industrial areas.

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About Vision Hydrogen
VisionH2 is a renewable energy company developing low carbon hydrogen solutions for the commercial, industrial and transportation sectors. VisionH2 builds on its proven track record in site procurement and licensing, accelerating pre-development and grid integration to produce green, low-carbon hydrogen. By establishing and negotiating long-term commitments, the company secures reliable off-take relationships with industry players looking to use hydrogen as a fuel, feedstock and as a grid balancing and capacity solution. VisionH2 is committed to providing the lowest carbon solution with high efficiency hydrogen production, storage and distribution services for the European renewable economy and supply chain.

Forward-looking statements:

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Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the use of forward-looking terms such as “expect”, “anticipate”, “believe”, ” 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 to update or revise any forward-looking statement. The information presented here is valid only as of the date hereof.

Vision Hydrogen Corporation/Investor Relations
95 Christopher Columbus Drive, 16th Floor
Jersey City, New Jersey 07302
551-298-3600 USA

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Joan J. Holland