MMEX Resources Corp. has signed project agreements to advance its first hydrogen and clean fuels with carbon capture projects along with expansion of its site in Pecos County, Texas.

According to Jack W. Hanks, President and CEO of MMEX Resources Corp., the company is expanding to accommodate its solar powered clean energy projects which include potential production of hydrogen and ultra-low sulfur transportation fuels, both with carbon capture technology.

The agreement will see MMEX purchase an additional 324 acres adjacent to its existing 126 acre site, allowing the firm to implement potentially all four process components: solar power, production of hydrogen, clean transportation fuels, and carbon capture.

“Our potential footprint of 450 acres allows expansion of our projects to include more hydrogen production, common rail and truck facilities and a solar complex with carbon capture," Hanks said. "We are also announcing today, the commencement of our detailed engineering study with Polaris Engineering with its proprietary UltraFuels® 2 Plus process, to utilize the light crude oil and condensates from the Permian Basin to produce finished products of ultra-low sulfur diesel, gasoline, and IMO 2020 compliant marine fuel oil along with carbon capture from all major CO2 sources. The detailed engineering study is the first step leading to our potential financing.”