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June 14, 2021

Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports 2021 Q1 Results With Net Income Of $0.02 Per Share And Shareholders’ Equity Of $0.30 Per Share

— Total revenue of $4.0 million, including net gain on investments of $3.9 million — Net income for the three months ended April 30, 2021 was $3.3 million or $0.02 per basic share — As at April 30, 2021, Aberdeen’s shareholders’ equity and net asset value (NAV) were $41.0 million, or $0.30 per share. On a quarter-over-year basis, Aberdeen’s shareholders’ equity has increased by $8.6 million, representing an approximate 26% increase. Given the nature of Aberdeen’s operations, there is currently no difference between “shareholder equity” and “net asset value” for Aberdeen — Investments in clean energy and zero-carbon technologies positioning […]
April 21, 2021

Nuclear energy plants could help accelerate hydrogen adoption with reduced costs

By George Heynes With the breakthrough of hydrogen technology in various decarbonisation strategies across the world, nuclear reactors could be given a new lease of life by providing almost perfect conditions to produce green hydrogen on a massive scale. It is not often you find two products that, ethically, are at opposite ends of the spectrum but complement each other so significantly. The reputational facelift that nuclear power has needed since it was first introduced in the last century could be realised with the introduction of technologies that utilise by-products of nuclear power to generate alternative fuel sources such as hydrogen. […]
April 8, 2021

Nuclear plants could be the ‘perfect component’ for green hydrogen production

By George Heynes Clean energy technology company AES-100 is investigating whether hydrogen production could, under the right conditions, offer a solution for US and European nuclear reactors to retire early and help new reactors run to high efficiencies. Read more: Xcel Energy and Idaho National Laboratory to use nuclear energy for hydrogen production Read more: AES technology selected for Californian green hydrogen energy storage project In the current climate, nuclear power plants find it difficult to compete with cheaper natural gas and renewable energy generation meaning that many are forced to retire early with no short-term way of destroying nuclear reactors. However, the […]
April 8, 2021

Aberdeen International (TSX:AAB, F:A8H) And AES-100 Inc. Identify Nuclear Plants As Additional Market Potential For Its Hydrogen Production

Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F: A8H) is pleased to share an update regarding its recent acquisition, AES-100 Inc. (see press releases dated February 1, 2021, February 11, 2021, March 3, 2021 and March 10, 2021). AES-100 Inc. is currently investigating whether hydrogen production could, under the right conditions, offer a solution to U.S. and European nuclear reactors from retiring early as well as support newer reactors to run at their highest efficiency. While nuclear energy supplies 19% of the energy consumed in the US and about 25% in the European Union, many nuclear power plants […]
March 15, 2021

Aberdeen International’s Acquisition, AES-100 Inc.

Technology Creator To Lead Panel On Fuel Cells And Batteries At The 2021 Port Of The Future Virtual Conference GlobeNewswire – Mon Mar 15, 1:00AM CDT Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX:AAB.TO) is pleased to share an update regarding its recent acquisition, AES-100 Inc. (see press releases dated February 1, 2021, February 11, 2021, March 3, 2021 and March 10, 2021). Pinakin Patel, President of T2M Global, will lead a panel on fuel cells and batteries at the 2021 Port of the Future Virtual Conference organized by the University of Houston in Texas. Mr. Patel will discuss the vision […]