Vision Energy Corp. (VENG) Expands Project Management and Development Team, Advancing Green Energy Hub Project in North Sea Port of Vlissingen

• Through their ETBV project in Europe, renewable energy developer Vision Energy is continuing its work to realize project development objectives and has increased its core team of commercial and engineering professionals for its Green Energy Hub project
• The company’s Project Management and Consultancy (“PMC”) team, with decades of experience working with major industry operators, has collectively developed over 8 million cubic meters of bulk storage capacity worldwide
• The Green Energy Hub project is strategically located in the North Sea port of Vlissingen at the mouth of the Westerschelde estuary in the Netherlands, and is positioned to be the first terminal in Europe focused on green and low-carbon energy products
• The global renewable energy market was valued at $881.7 billion in 2020 and is expected to reach $1.98 trillion by 2030

Vision Energy (OTCQB: VENG), a renewable energies facilities developer, recently announced the expansion of the company’s project management and development team. Vision’s overall mission is designing, developing, and building scalable renewable energy facilities, which include, but are not limited to, carbon reduced solutions for commercial, industrial, and transportation industries. Through its wholly-owned Dutch subsidiary Evolution Terminals BV (“ETBV”), Vision continues to work to realize its project development objectives and has increased its core team of experienced commercial and engineering professionals (https://ibn.fm/JO3Qm).

Incorporated in December 2020, ETBV has since been executing the mission of designing and developing a pioneering Green Energy Hub for renewable products, hydrogen carriers, and low-carbon fuels. In March 2021, ETBV engaged professionals from Riverlake Solutions, a Rotterdam-based specialist project development and engineering consultant group for the energy industry. Vision’s Project Management and Consultancy (“PMC”) team is comprised of the following:

• Mr. Jan Thijs Maatman, Chief Commercial Officer
• Mr. Maarten Reenalda, Head of Project Operations
• Mrs. Emilie Janson, Chief Technical Officer
• Mr. Feiko Jager, Senior Technical Consultant
• Mr. Hanno Hardenbol, Senior Project and Engineering Consultant

Collectively, the PMC team has developed over 8 million cubic meters of bulk low-carbon energy products and fuels storage capacity around the world. They have decades of experience working for major global industry operators, including Vopak, Tebodin, Oiltanking, Van Oord, and Bluewater.

The Green Energy Hub project is strategically located in the North Sea port of Vlissingen at the mouth of the Westerschelde estuary in the Netherlands. It is positioned to be the first terminal in Europe focused on green and low-carbon energy products. The Green Energy Hub’s design is capable of receiving seagoing vessels, barges, and coasters – served by a dedicated deep-water jetty – as well as rail and truck loading infrastructure that will enable direct access to purpose-built storage and handling facilities for low-carbon fuels and hydrogen carriers, including ammonia, methanol, and liquid organics.

The global renewable energy market was valued at $881.7 billion in 2020. It is expected to reach $1.98 trillion by 2030, growing at a CAGR of 8.4%. While several factors drive the market, the most crucial is the attribution of global warming due to carbon dioxide emissions, increasing the search for energy security alongside the aversion to traditional nuclear power (https://ibn.fm/UqSGh).

Through its European Green Deal, the EU has set the objective to become climate-neutral by 2050, implying a near-total phase-out of fossil fuels in the EU energy system. Many countries are working to implement subsidy programs for developing green hydrogen facilities in anticipation of this goal.

ETBV is currently in the advanced stages of development for the 16.4-hectare Green Energy Hub site. Several experts and specialists have conducted a portfolio of detailed studies supporting the final permit applications. These studies include Spatial Layout, Planning, and Design, detailed Quantitative Risk Assessments and Safety Reporting, Acoustic and Noise Impact Assessments, Air Quality calculations, Water Handling, Fire Safety, and Pilot Navigation Simulations for the Jetty. Vision is on schedule to file the detailed Environmental Impact Assessment known in the Netherlands as Milieueffectrapport (“MER”) before January 31, 2023, in close cooperation with the authorities and compliant with the formal processes.

For more information, visit the company’s website at www.VisionEnergy.com. 

NOTE TO INVESTORS: The latest news and updates relating to VENG are available in the company’s newsroom at https://ibn.fm/VENG

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