Baystreet.ca – Baystreet – Wed Mar 10, 8:54AM CST
Shared some exciting updates regarding its recent acquisition, AES-100 Inc. The California Energy Commission has selected the Advanced Electrolyzer System (AES) technology for hydrogen energy storage. AES will recover hydrogen from waste syngas sources using excess electricity. The Phase 1 of the AES project is $1.2 million to validate lower cost hydrogen production. It will open a pathway for a potential demonstration of $6 million hydrogen energy storage to enhance microgrid resiliency in California, a multi-billion dollars market. Aberdeen International Inc. shares T.AAB are trading up $0.04 at $0.41.