2/6/2024
Science

GH Power Pioneers Zero-Carbon Industrial Products, Partnering with Fresh Coast Climate Solutions

GH Power, a North American company, is at the forefront of the global shift towards zero-carbon industrial products, aiming to revolutionize industries responsible for one-third of global greenhouse gas emissions. The company has developed four high-quality zero-carbon industrial products: zero-carbon electricity, zero-carbon hydrogen, zero-carbon iron, and zero-carbon high-purity alumina.

GH Power's proprietary reactor technology relies on only two inputs—scrap aluminum and water—to generate zero waste and zero Scope 1 carbon emissions. In a groundbreaking move, GH Power has partnered with Fresh Coast Climate Solutions, a premier carbon consultant, to develop a comprehensive third-party verified green certification and assurance program. This partnership aims to provide industries adopting GH Power's products with 3rd party assurance of offsets for their carbon emissions.

The global push for net-zero emissions by 2050 has accelerated the demand for breakthrough technologies in heavy industries such as steel, cement, and transportation, which collectively contribute 40% of total global CO2 emissions. GH Power's innovative solutions, including 100% green hydrogen power technology, address the urgent need for cleaner industrial processes.

Accenture's recent research highlights that only 18% of companies are on track to achieve net-zero emissions by 2050. However, Accenture believes that three years of intensive cross-industry collaboration can turn industrial decarbonization into an economic force, compelling industries to accelerate net-zero action.

While the EU employs carbon border charges as a regulatory stick, North America focuses on incentives, creating an era of technological breakthroughs. The market potential for hydrogen technology, including GH Power's products, is estimated to reach $11 trillion by 2050, attracting industry leaders seeking funding opportunities and state and federal contracts.

GH Power's commitment to zero-carbon industrial products signifies a crucial step in the new industrial renaissance, offering environmentally conscious solutions with economic viability in the face of growing pressure for industries to transition to low- or zero-carbon processes.

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