Hyliion's KARNO Linear Generator Now Qualifies Under California's Renewables Portfolio Standard
Portfolio Pulse from Benzinga Newsdesk
Hyliion Holdings Corp.'s KARNO linear generator is now qualified under California's Renewables Portfolio Standard, allowing it to contribute to the state's renewable energy goals using various low-emission fuels.
September 27, 2024 | 12:34 pm
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Hyliion's KARNO linear generator has been qualified under California's Renewables Portfolio Standard, enabling it to contribute to the state's renewable energy targets using low-emission fuels.
The qualification of Hyliion's KARNO generator under California's RPS is a significant regulatory milestone. It positions the company to benefit from incentives aimed at increasing renewable energy adoption, potentially boosting demand for its technology. This development aligns with California's aggressive climate goals, which could positively impact Hyliion's market position and stock price.
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