Next Hydrogen Solutions Inc. Announces Changes to its Board of Directors
Rhea-AI Summary
Next Hydrogen Solutions (TSXV: NXH, OTC: NXHSF) has announced the appointment of Adarsh Mehta to its Board of Directors, following the resignation of Matthew Fairlie effective January 15, 2025. Mehta, currently VP of Business Development at Jenner Renewable Consulting, brings 22 years of experience in renewable energy, having led technical reviews and development for over 2,500 megawatts of wind and solar projects across the Americas.
Notably, Mehta served on the Board of Directors of the Canadian Wind Energy Association from 2008 to 2015, becoming Chairperson in 2011. Her appointment comes as Next Hydrogen aims to strengthen its position as a large-scale green hydrogen solution provider, leveraging her expertise in renewable energy, project development, and industry advocacy to support the company's technology scaling and commercialization efforts.
Positive
- Appointment of board member with 22 years of renewable energy expertise
- New director's experience in developing 2,500 MW of wind/solar projects
- Strategic addition of former CanWEA Chairperson to support commercialization
Negative
- Loss of board member Matthew Fairlie through resignation
MISSISSAUGA, Ontario, March 03, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (TSXV: NXH, OTC: NXHSF) (“Next Hydrogen” or the “Company”), announced today the appointment of Adarsh Mehta to the Company’s board of directors (the “Board”). Ms. Mehta will fill the vacancy on the Board resulting from the resignation of Mr. Matthew Fairlie, who resigned from the Board effective January 15, 2025.
Ms. Mehta is VP of Business Development for Jenner Renewable Consulting. For the past 22 years Ms. Mehta has played a pivotal role in the growth of renewable energy, leading technical reviews, due diligence, and development for over 2,500 megawatts of wind and solar energy projects across North and South America. She served on the Board of Directors of the Canadian Wind Energy Association (CanWEA) from 2008 to 2015, becoming Chairperson in 2011, where she was instrumental in advancing Canada’s wind energy sector.
“As Next Hydrogen accelerates its position as a large-scale green hydrogen solution provider, we are excited to welcome Adarsh to our board,” said Allan MacKensie, Chairperson of Next Hydrogen. “Her extensive experience in renewable energy, project development, and industry advocacy will be invaluable as we scale our technology and commercialization efforts.”
“I am thrilled to join Next Hydrogen at such a transformative time,” said Adarsh Mehta. “Green hydrogen is a critical pillar in the global transition to clean energy, and Next Hydrogen is well-positioned to be a leader in this space. I look forward to contributing to the company’s growth and impact.”
About Next Hydrogen
Founded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Next Hydrogen’s unique cell design architecture supported by 40 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors.
Contact Information
Raveel Afzaal, President and Chief Executive Officer
Next Hydrogen Solutions Inc.
Email: rafzaal@nexthydrogen.com
Phone: 647-961-6620
www.nexthydrogen.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Notice regarding forward-looking statements:
Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements in this press release are based on the current expectations of management of Next Hydrogen. Actual events and conditions could differ materially from those expressed or implied in this press release as a result of known and unknown risk factors and uncertainties affecting Next Hydrogen, including risks regarding the industry in which Next Hydrogen operates, economic factors, the equity markets generally and risks associated with growth and competition. Additional risk factors are also set forth in the Company’s management’s discussion and analysis and other filings available via the System for Electronic Document Analysis and Retrieval (SEDAR Plus) under Next Hydrogen’s profile at www.sedarplus.ca. Although the Company has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be taken as guaranteed. The forward-looking information contained in this press release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, readers should not place any undue reliance on forward looking information.
FAQ
Who replaced Matthew Fairlie on Next Hydrogen Solutions (NXHSF) Board of Directors in 2025?
What experience does Adarsh Mehta bring to Next Hydrogen Solutions (NXHSF)?
How will Adarsh Mehta's appointment impact Next Hydrogen's (NXHSF) business strategy?
What is Next Hydrogen Solutions' (NXHSF) current strategic focus?
