GreenHy2 (ASX: $H2G) Quarterly Activities Report

GreenHy2 Limited (ASX: $H2G) reported a significant increase in cash on hand at the end of the quarter, reaching $1,222K, up from $591K in the previous quarter. The company also raised a total of $1,077K in cash equity during the quarter. GreenHy2 continues to concentrate on its core Renewable Energy Strategy, particularly Solid State Hydrogen Storage Batteries supported by 100% renewable fraction generation.

Executive Commentary on Renewable Energy Strategy

GreenHy2 remains committed to its Renewable Energy Strategy, with a specific focus on Solid State Hydrogen Storage Batteries. Our aim is to provide completely renewable Stand-Alone Power Supplies for Utilities, Telecoms, remote communities, and private operators, offering a safe, cost-effective, and reliable solution. We are optimistic about the extensive market for Solid State Hydrogen Storage and are dedicated to keeping the market informed as we achieve milestones.

Summary of Quarterly Activities Report and Outlook

GreenHy2's Quarterly Activities Report demonstrates a positive increase in cash on hand and a continued dedication to its Renewable Energy Strategy. The company's focus on Solid State Hydrogen Storage Batteries and renewable energy solutions aligns with its commitment to reducing the collective carbon footprint. With a strong emphasis on providing safe, cost-effective, and reliable renewable energy solutions, GreenHy2 is well-positioned to capitalize on the extensive market for Solid State Hydrogen Storage. The company's commitment to keeping the market informed as milestones are achieved reflects its transparency and dedication to its corporate strategy. Looking ahead, GreenHy2's ambitions and goals in the renewable energy sector position it for potential growth and continued contribution to sustainable energy solutions.