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- Aberdeen International Inc. investee, AES-100 Inc. (a leading clean hydrogen technology company) to develop transformational direct-to-consumer green hydrogen power unit for the common American home
- AES technology positioned to save government and municipalities billions in infrastructure spend
- Anticipated development timeline to be approximately 50% of industrial sized application leading to expedited commercialization
TORONTO, Jan. 10, 2022 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“ Aberdeen ” or the “ Company ”) (TSX: AAB F: A8H, OTC: AABVF) is pleased to announce that its portfolio company, AES-100 Inc. (“ AES ”), a leading clean hydrogen technology company, has initiated design and development activities for a green-hydrogen home power unit. This unit is being sized for applications to meet the needs of average North American households, revolutionizing green power production. The global addressable market for hydrogen is estimated to be approximately US$150 billion at present but is estimated to reach over US$600 billion by 2050. 1 With nearly 140 million homes in the United States 2 alone, the market opportunity is huge and transformative.
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