Hyliion Signs LOI To Provide A 200kW KARNO Generator For A U.S. Energy RNG Fueling Station
Portfolio Pulse from Benzinga Newsdesk
Hyliion Holdings Corp. (NYSE:HYLN) has signed a non-binding letter of intent with U.S. Energy to provide a 200kW KARNO generator for a renewable natural gas fueling station. This partnership aims to enhance energy efficiency and support sustainability goals.
July 29, 2024 | 12:41 pm
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Hyliion Holdings Corp. has signed a non-binding LOI with U.S. Energy to provide a 200kW KARNO generator for an RNG fueling station, enhancing energy efficiency and supporting sustainability goals.
The partnership with U.S. Energy to provide a 200kW KARNO generator is likely to positively impact Hyliion's stock in the short term. This collaboration enhances Hyliion's market presence in the sustainable energy sector and aligns with growing trends towards energy efficiency and sustainability.
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