Newtimes Energy (00166) surged more than 86% at the beginning of trading, and as of press time, it was up 48%, at HKD 0.111, with a turnover of HKD 2.5431 million.
According to the Financial Intelligence APP, Newtimes Energy (00166) surged more than 86% at the beginning of trading, and as of press time, it was up 48%, at HKD 0.111, with a turnover of HKD 2.5431 million.
In terms of news, Newtimes Energy announced that its wholly-owned subsidiary NTE Discovery Park has recently signed a non-binding memorandum of understanding with Quantum for the joint development of a green hydrogen production plant (joint development project) in Campbell River, British Columbia, Canada. Quantum is a company registered in British Columbia, Canada, headquartered in Squamish, British Columbia, and is a leader in the field of hydrogen liquefaction and purification technology.
It is reported that the proposed target for the first phase of the joint development project is to produce 15 tons of green hydrogen and liquid hydrogen per day, with the aim of providing transportation fuel for the Vancouver Island, Powell River and Vancouver markets. The potential second phase will be a full-scale project with higher production capacity and will provide liquid hydrogen for heavy-duty transportation in the Vancouver and Victoria areas.