GSEO signed a Memorandum of Understanding on Establishing the Hydrogen Hubs Collaborative

On August 23, 2022, representatives of the GSEO, AltaSea at the Port of Los Angeles, Pegasus Capital Advisors, Energy Independence Now, and 7th Generation Advisors, signed a Memorandum of Understanding on Establishing the Hydrogen Hubs Collaborative. The MoU signals the commitment of each party for expanded cooperation on multiple aspects related to the establishment of Hydrogen Hubs involving the sustainable production, distribution, and end-uses of hydrogen, especially as it relates to the maritime and “blue” economies, and also aims to support the creation of physical spaces in ports and other facilities of the Parties for prototyping, piloting, demonstrating, and commercializing the technologies relevant to Hydrogen Hubs.

AltaSea at the Port of Los Angeles, a non-profit organization that is dedicated to accelerating scientific collaboration, advancing an emerging blue economy through business innovation and job creation, and inspiring the next generation, all for a more sustainable, just and equitable world.

Pegasus Capital Advisors, to U.S. investment firm with 25 years of experience investing across the alternative asset classes private equity and sustainable infrastructure, supporting the sustainable growth of companies and local economies.

Energy Independence Now, Energy Independence Now (EIN) is the only environmental nonprofit organization dedicated to advancing fuel cell electric vehicles (FCEVs) and renewable hydrogen infrastructure for transportation, renewable energy storage and deep decarbonization. Founded by Terry Tamminen in 2000, EIN created the California Hydrogen Highway Blueprint for Governor Arnold Schwarzenegger. The organization continues to engage in comprehensive research, policy advocacy and, through its DriveH2.org public service initiative, public outreach to promote the widespread adoption of renewable hydrogen as the cornerstone of the new energy economy.

7th Generation Advisors, a non-profit organization that empower individuals and organizations to create and adopt solutions that protect our environment and fight climate change, based on the ancient First Nations philosophy that the decisions we make today should result in a sustainable world seven generations into the future. We recognize the link between climate, conservation and the health and well-being of all living things and we strive to initiate, support and implement projects that support this interconnection. We have cultivated deep partnerships in diverse issue areas that enables us to work at this intersection.