Air Water recently announced that it has taken a stake in FirstElement Fuel(FEF), the largest developer and operator of hydrogen stations in California, U.S., through AirWater America.
FEF is a start up established in 2013. It operates 31 hydrogen stations in California, one of the main markets of hydrogen fueled fuel cell vehicles (FCVs) in the world. It aims to build a network of 80 hydrogen stations in California by 2024.
By taking a stake in FEF, Air Water will support the expansion of the network of hydrogen stations, which is promoted by FEF, and offer solutions required to operate FEF’s hydrogen stations, including liquefied hydrogen tanks installed at the stations and liquefied hydrogen trailers.
When full scale efforts are launched in Japan to build the hydrogen supply chain, Air Water will develop the business by utilizing hydrogen technologies and products, which are acquired in the U.S., for the Japanese market.