Hong Kong, 26 October 2023 

 

Core Fusion Technologies Ltd., a global leader in sustainable energy solutions, is delighted to announce the formalization of a Memorandum of Understanding (MOU) with RenewGen Resources, a pioneer in renewable energy development. The historic agreement, signed on October 26, 2023, marks the beginning of a strategic partnership to collaboratively drive the development of a hydrogen ecosystem project in Nepal.

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The partnership between Core Fusion Technologies and RenewGen Resources signifies a shared commitment to advancing the deployment of clean energy technologies, with a specific focus on harnessing the potential of hydrogen as a key driver in the transition to a low-carbon future. This project aims to establish a comprehensive hydrogen ecosystem that encompasses production, storage, transportation, and utilization.

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Under the terms of the MOU, both companies will pool their technological expertise, resources, and industry knowledge to create an innovative and sustainable hydrogen infrastructure in Nepal. This includes the exploration of renewable energy sources for hydrogen production, the development of state-of-the-art storage solutions, and the establishment of a robust distribution network.

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Nepal, with its rich renewable energy resources, presents an ideal environment for the development of a hydrogen ecosystem. The collaborative efforts of Core Fusion Technologies and RenewGen Resources aim to position Nepal as a regional leader in clean energy innovation.

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The companies are excited about the positive environmental and economic impact this project will have on the region and anticipate that it will serve as a blueprint for similar initiatives globally.

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For inquiries, please contact:

support@corefusiontech.com

+852 5165 8984

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About Core Fusion Technologies Ltd.: Core Fusion Technologies Ltd. is a leading provider of innovative and sustainable energy solutions. With a focus on cutting-edge technologies, the company is dedicated to driving positive environmental change by delivering reliable and efficient clean energy solutions.

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About RenewGen Resources: RenewGen Resources is a leading renewable energy development company committed to advancing the transition to clean energy. With a focus on innovative solutions, RenewGen Resources strives to create projects that have a lasting positive impact on the environment and communities.