AmmPower Corp. announce that it has entered into a Memorandum of Understanding with the Port of Corpus Christi Authority ("PCCA") to explore the development of a green hydrogen used as feedstock for green fuel and green derivatives production, storage and distribution facility. PCCA has emerged as the nation's preeminent gateway for exporting low carbon energy to international markets due to PCCA's ability to provide access to a deep draft channel, land for site location and close proximity to renewable energy.

PCCA has voluntarily purchased electricity from 100% renewable sources since 2017 and has also been an Environmental Protection Agency Green Power Partner since 2021. The facility will produce green hydrogen rich derivatives for domestic and export markets.