Hong Kong green-energy start-up H2 Solution, which makes hydrogen fuel-cell systems, is looking to set up its operations in the city’s science and technology park as a springboard into overseas markets.
The firm is holding talks with Hong Kong Science and Technology Park Corp to participate in its incubation programme and become a tenant at its facilities in Pak Shek Kok, managing director Elvin Yi Rong said.
“It is a good place for us to demonstrate successful application cases on which we can develop overseas business,” he said during the Hong Kong GreenTech Summit last week. “The Hong Kong government is paying a lot of attention to hydrogen energy development,” he added, noting that the city’s electrical and engineering standards are aligned with developed markets.
To support its expansion plans, Yi said H2 Solution is aiming to raise at least HK$50 million (US$6.4 million) in its first round of financing from strategic…
