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Buses and garbage trucks to run on hydrogen fuel

13:19

HydroPhi Technologies Europe (HTE) is planning to undertake six test hydrogen fuel instalations which would be produced in Poland. The hydrogen fuel installations are designed to be utilized by buses and garbage trucks. HydroPhi CEO Roger Slotkin claimed that the market for this branch in Poland alone amounts to $250 billion in a span of five years. Slotkin said that "hydrogen installations are an effective way to meet administrative emissions standards." Mexico, Central Europe, Russia and Ukraine are among the company's main focus regions. HydroPhi will adjust its systems to European standards and in doing so may be helped by some grants from the EU and the government. A further $1 million may arrive from a reverse takeover of NewConnect firm Terra, which will change its name to HydroPhi Technologies Europe. Production is to begin in 2015. The parent company operates in the "clean technologies" sector in the US and is listed on the OTC market.  

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