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Foreign this is Steve Hill here CEO of new hydrogen I'm thrilled to have you here with me today because I've got some news that's not only exciting for our company but for the entire clean energy industry so let's Jump Right In if you're watching this video chances are good you're a forward thinker watching for signals that the green hydrogen economy is ready to grow today's news could be the rocket fuel we've been waiting for stick around
For a minute or two and let me know in the comments if you agree with me next era energy is a Powerhouse in the clean energy World they've got an impressive 67 gigigigawatts of power generation in operation and they're the proud owners of the largest electric utility in the United States the Florida Power and Light Company but what's got everybody talking recently is their green hydrogen ambitions in a recent article a Morgan Stanley analyst gave nextera
An overweight rating with the price target of 90 and that's a pretty solid endorsement the analyst pointed to next Air as positive financial performance their commitment to renewable energy and their plans to invest in green hydrogen as the key reasons for his optimism but why is this important news for us at new hydrogen you might wonder to us it's a clear sign that the major players in the renewable energy sector are betting big on green hydrogen
Next Air is collaboration with the United States government agencies and they're whopping 20 billion dollar investment into hydrogen capital projects signify the growing importance of this technology now here's the exciting part new hydrogen is right in the thick of it with the development of thermal Loop a breakthrough technology that uses water and heat instead of electricity to produce the world's cheapest green hydrogen we believe this technology has the potential to become the major player in this
Burgeoning green hydrogen Market what's your prediction for the future of hydrogen in 2024 drop us a comment and we'd love to hear from you I believe we've reached an inflection point in the transition to widespread adoption of hydrogen as a replacement for fossil fuels if you're not sure yet I invite you
To learn more about new hydrogen and our mission visit our website at new hydrogen.com where you can explore thermoloop the Innovative technology that's propelling us toward a cleaner Greener future thank you so much for joining me today your support means the world to us as we strive to be a catalyst for changing the clean energy landscape together we can shape a more sustainable World until next time stay curious and engaged and let's keep pushing the boundaries Of what's possible in clean energy thank you and I look forward to our continued journey together thank you foreign foreign