29-07-2022

CyberFuels continues to make significant gains to decarbonise travel

CyberFuels, Inc., a division of EncounterCare Solutions, ECSL, announced today that it has signed a Letter of Intent with an international energy company that has a new patented process for producing Green Hydrogen.

This relationship will work in conjunction with CyberFuels current distribution of its own proprietary alternative fuels and additives that already help to decarbonize the atmosphere.  The Letter of Intent calls for the first prototype of the commercial units to be placed at the new CyberFuels Gateway Terminal in Tampa, Florida.  Details on the contract will be further provided after the close of the deal.

John Lawrence, President of CyberFuels, Inc. stated "Climate change and cleaner air is what everyone is talking about today.  The EV discussions are nice, but they have their own inherent environmental issues.  Maybe the problem is not the Internal Combustion engine, but rather what fuel is being burned in today's engine.  That is where CyberFuels comes in.  We currently have fuels that are advantageous to the environment, and we are extremely excited to have this Green Hydrogen technology housed in our new Green Terminal looking forward to the next generation." The purchase of the new Cyberfuels Gateway Terminal in Tampa Florida is expected to close in August and permitting will begin immediately thereafter with construction to follow.  

Green Hydrogen is important to the growth and vision of CyberFuels' plans of providing sustainable zero GHG emissions eFuels.  An added feature of the new patented process for production of hydrogen is that it uses municipal solid waste and a process similar to fast pyrolysis which produces Green Hydrogen at a substantially lower cost than traditional methods of production.  Today, 96% of Hydrogen comes from Steam Methane Reformation and 4% from electrolysis.  Both methods are very expensive.  Having the Hydrogen hub at the CyberFuels Terminal will allow the company to have back up hydrogen power for the terminal's energy needs, which will also include utilizing solar power as a power source.  As part of the relationship, hydrogen will be sold at a very attractive price to be used as fuel.  Next, Green Hydrogen is also an important component of Green Methanol, which is an important component of our eFuels solution for combustion engines of today.  Mr. Lawrence further added, "CyberFuels has been developing its Green eFuels for 8 years, and the proprietary additive makes Green Methanol eFuels not only an important tool in the effort to decarbonize transportation, but also a timely alternative to help reduce fuel prices while at the same time helping to improve the environment."

CyberFuels Green Methanol will be focused on individual transportation modalities.  Green Hydrogen is focused on heavy transportation such as buses, transport trucks, trains, ships, and planes.