RONN Inc. has announced a landmark $300 million purchase agreement with UK-based Hydrogen Horizons Inc., securing proprietary electrolyzers and low-pressure storage systems capable of producing up to 500 MWh of hydrogen. The deal bolsters RONN’s initiative to establish a robust hydrogen corridor across Canada, aligning with the nation's clean energy objectives.

The agreement is expected to advance hydrogen applications in infrastructure and transportation, addressing the growing demand for sustainable energy solutions. RONN has emphasized partnerships with First Nations communities, starting with Tobique First Nation, to foster economic growth and sustainability.

“This $300 million agreement is a pivotal step toward delivering cleaner energy solutions,” stated Ronn Ford, CEO of RONN Inc. “Hydrogen Horizons’ technology uniquely positions us to contribute to Canada’s evolving energy landscape.”

The company is also exploring government-backed financing options to accelerate the deployment of its hydrogen technology, underscoring its commitment to balancing community impact and shareholder value.

This agreement signifies a critical step forward for RONN Inc. in advancing the hydrogen economy and supporting Canada’s clean energy initiatives.