Cities Index.
Presentation

Economic Development Committee
March 19, 2026

Document
Presentation
Meeting
March 19, 2026
Body
Economic Development Committee
Original file
3.4 MB
Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

3/6/2026
1 Transforming U.S. Hydrogen InfrastructureZero Carbon Fuel | Green Fertilizer | Energy Storage | SAFMarch 2026 About SPTSPT PowerLoop Inc. (SPL)– Hydrogen infrastructure & manufacturing SPT Group Inc. – Headquartered in RiversideStored Power Technology Inc. (SPT) – Integrated clean energy platformSPT Energy AI Lab– Energy storage & AI energy systemsTogether, SPT creates a full clean energy value chain anchored in the City of Riverside. 3/6/2026
2 SPT in RiversideLocal Presence & OperationsHead Office &Assembly PlantSPT’s head office & assembly plant (FTZ 244) located in City of RiversideR&D Initiatives SPT is actively pursing R&D demos with local universities for electrolyzer improvement & LOHC solutionCommercial End Use(SPVs)Green Ammonia: Fertilizer & Fuel ProductionFueling: Passenger Vehicles, Class 8 Trucks, Buses, & Other FleetsE-Fuel: Sustainable aviation fuel Alignment with City Goals Supporting Riverside’s Growth 3/6/2026
3 Mobile Containerized SystemsFast & Low-Cost Deployment

3/6/2026
4 Green Ammonia & FertilizerLocal Green Fertilizer Production• Reduced carbon emissions• Lower cost for agriculture• Stable local supply• Green hydrogen production• Nitrogen processing• Ammonia synthesisRenewable Energy to Ammonia Hydrogen Fueling Infrastructure Hydrogen Mobility Development

3/6/2026
5 Zero-Emission TransportationMobility Projects & Partnerships Freight Trucks
Autonomous Mobility
Hydrogen Buses
Sustainable Air Fuel ProductionSAF Market Opportunity•Rapidly growing U.S. market•Green hydrogen + CO₂synthesis•Commercial projects operating 3/6/2026
6 Government SupportState & Local IncentivesGobizLetter of Support obtained State •Direct support from CARB existing LCFS and C&I credit pathways •IBank SBLGP eligibility for replicated SPV projects (80% guarantee – up to 20M per project)•CalCompete tax credit pending approval Municipal support programs•ISRF Loan Fund program•CPCFA Green Bonds City Impact SummaryBenefits for Riverside
3/6/2026
7

← All documents from this meeting