RONN Inc. Advances Hydrogen Logistics and Hub Strategy in Barbados as Saudi JV Ignites Cross-Regional Acceleration

Rhea-AI Summary

RONN Inc. (OTC:RONN) is advancing its hydrogen logistics and fueling hub project in Barbados, capitalizing on the country's energy sector reorganization through the creation of Barbados National Energy Company Limited (BNECL). The consolidation merges the National Petroleum Corporation and Barbados National Oil Company Limited, streamlining opportunities for Special Purpose Vehicle collaborations.

The company plans to propose Class 4-5 hydrogen logistics truck deployment and hydrogen hub infrastructure in Barbados, following a similar strategy to its Saudi Joint Venture, which is now entering pre-operational planning with upcoming site visits and pending corporate structure finalization.

RONN's strategy focuses on connecting the Americas, Europe, and the Middle East through hydrogen initiatives, emphasizing hydrogen electrolyzers, logistics platforms, and modular fueling systems.

Positive

• Streamlined bureaucratic process in Barbados through BNECL consolidation enables faster project implementation
• Saudi JV advancing to pre-operational phase with concrete timeline for site visits
• Strategic expansion across multiple regions (Americas, Europe, Middle East) strengthens market presence

Negative

• No specific timeline or financial details provided for the Barbados project
• Previous dialogues were paused, indicating potential execution challenges
• Trading on OTC Pink market suggests limited market accessibility

SCOTTSDALE, ARIZONA / ACCESS Newswire / May 21, 2025 / RONN Inc. (OTC PINK:RONN), the U.S.-based hydrogen mobility pioneer, announced today that its long-developing Barbados hydrogen logistics and fueling hub project is entering a new phase of engagement. This renewed momentum comes as Barbados' energy sector undergoes a government consolidation with the creation of the Barbados National Energy Company Limited (BNECL), combining the National Petroleum Corporation and the Barbados National Oil Company Limited.

This organizational realignment is opening new lanes for Special Purpose Vehicle (SPV) collaborations, where RONN will propose Class 4-5 hydrogen logistics truck deployment and hydrogen hub infrastructure-closely aligned with the company's Saudi JV playbook.

"The restructuring of BNECL removes the bureaucratic fog," said Ford. "The Saudi JV has reignited previously paused dialogues across the regions, and we anticipate accelerating these discussions with precision."

Saudi JV Moves into Pre-Operational Phase
Simultaneously, RONN's flagship Saudi JV is entering pre-operational planning, with site visits scheduled over the coming months and formal corporate structure details expected imminently.

Strategic Outlook
RONN Inc. is executing an aggressive cross-regional hydrogen strategy designed to bridge the Americas, Europe, and the Middle East, ensuring the company remains at the forefront of sovereign-level decarbonization initiatives and private sector clean tech expansion.

Hydrogen electrolyzers, logistics platforms, and modular fueling systems continue to define RONN Inc.'s global commercialization focus.

For inquiries contact:
Ronn Ford
Ronn.ford@ronnmotorgroup.com

About RONN Inc.
RONN Inc. (OTC PINK:RONN) is a U.S.-based hydrogen technology company pioneering zero-emission supercars, modular fueling systems, and commercial mobility platforms. The company is rapidly expanding its global partnerships and is committed to enabling the hydrogen economy of the future through innovative, sustainable infrastructure and next-generation vehicle solutions.

Forward-Looking Statements
This press release contains forward-looking statements regarding RONN Inc.'s plans and future business activities. These statements are subject to risks and uncertainties that could cause actual results to differ materially. RONN Inc. assumes no obligation to update or revise these statements as new information becomes available.

SOURCE: RONN

View the original press release on ACCESS Newswire

FAQ

What is RONN's hydrogen project plan in Barbados?

RONN plans to propose Class 4-5 hydrogen logistics truck deployment and hydrogen hub infrastructure in Barbados, leveraging the newly formed BNECL's streamlined structure for Special Purpose Vehicle collaborations.

What is the current status of RONN's Saudi Joint Venture?

RONN's Saudi JV is entering pre-operational planning phase, with scheduled site visits in the coming months and pending finalization of formal corporate structure details.

How does the formation of BNECL affect RONN's operations in Barbados?

The formation of BNECL, which combines the National Petroleum Corporation and Barbados National Oil Company Limited, removes bureaucratic barriers and facilitates easier implementation of RONN's hydrogen projects.

What are the main focus areas of RONN's global commercialization strategy?

RONN focuses on hydrogen electrolyzers, logistics platforms, and modular fueling systems across the Americas, Europe, and the Middle East regions.

Where is RONN stock traded and what is its ticker symbol?

RONN trades on the OTC Pink market under the ticker symbol RONN.