Aberdeen International (TSX: AAB) has seen its investee AES-100 continue down the path of developing a home power unit within the green hydrogen market. The firm this morning indicated it has achieved a milestone in connection with the development program currently under way.
The firm has reportedly received two key pieces of equipment for the current development program, which is expected to accelerate the commercial timeline for the project. The company has received two production cells, referred to as the “heart of the AES home power unit,” which the firm can conduct the next phase of testing with.
The production cells reportedly differentiate themselves from peers in the market via “providing resilience to common inert gases,” which reportedly pose a program for peers in the space. The tech is expected to generate power at high levels of efficiency.
“Although the number varies, the average American home uses ~30 kWh per day2. AES technology and design is being developed and tested at variable rates over 70 kWh per day. With testing at this scale, the home power unit is set for application at homes small and large alike. We are excited to be testing at rates meeting the needs for commercial application,” commented Channce Fuller, CEO of AES-100.
Aberdeen International last traded at $0.145 on the TSX.
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