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Hyliion Holdings Corp. (NYSE:HYLN) ("Hyliion"), a developer of sustainable electricity-producing technology, today announced the signing of a non-binding letter of intent (LOI) with U.S. Energy™, a leading developer and distributor of refined products, alternative fuels, and environmental credits. Under the terms of the LOI, Hyliion will place a 200kW KARNO™ generator at a U.S. Energy renewable natural gas (RNG) fueling station to ensure reliable and efficient power at the site.
U.S. Energy's RNG fueling stations are leading the way in enabling natural gas adoption in the commercial transportation sector. Integrating Hyliion's KARNO generator will enhance the station's energy efficiency and contribute positively to U.S. Energy's sustainability goals.
Posted In: HYLN