Published by Todd Bush on September 18, 2024
SYDNEY, Australia, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Siltrax, a pioneering company in fuel cell innovation, today introduced its groundbreaking silicon-based fuel cell technology, which leverages the unique characteristics of silicon to deliver enhanced performance, durability, and cost-efficiency. Supported by a US$10 million investment round, including 7 million from Australia’s Clean Energy Finance Corporation (CEFC), Siltrax is focused on transforming the hydrogen industry with its cutting-edge technology, designed to revolutionize fuel cell applications across a range of industries.
>> In Other News: Saudi Arabia’s Bold Plan for Hydrogen City: A Key Step Toward a Green Energy Future
“We’re entering a new era of energy innovation where silicon-based fuel cells have the potential to transform the clean energy landscape,” said Dr. Shi.
At the core of Siltrax’s innovative fuel cell technology are silicon-based bipolar plates, which take advantage of the material’s lightweight and durable nature, mechanical and chemical stability, and ability to withstand high temperatures and corrosive environments. Silicon also allows the creation of micro-scale flow channels on the plates’ surface, directly enhancing power density, durability, and performance.
Another key advantage of Siltrax’s innovation is the ability to leverage existing photovoltaic (PV) supply chains for raw materials and production equipment. This strategic approach not only optimizes manufacturing processes but also reduces the overall cost of fuel cell production, making this advanced technology more accessible for widespread adoption.
“We’re entering a new era of energy innovation where silicon-based fuel cells have the potential to transform the clean energy landscape,” said Dr. Zhengrong Shi, co-founder of Siltrax. “Silicon’s properties enable us to push the boundaries of fuel cell design, creating a low-cost, high-performance product. And, by leveraging resources from the solar industry, we can lower the barriers to mass manufacturing and make clean energy solutions more accessible to the global market.”
The innovative technology was developed by Dr. Shi, a renowned solar entrepreneur, and Dr. Jim Zhu, a semiconductor expert with extensive experience in silicon-based materials research. Together, they bring a wealth of knowledge and expertise to developing Siltrax’s silicon-based fuel cell technology.
Drones & Aerospace: Lightweight, compact silicon-based fuel cells are advantageous in applications where volume and weight are critical factors. This includes drones, electric vertical take-off and landing aircraft (eVTOLs), and other aerospace technologies that require high energy density without compromising payload capacity.
Stationary Power Generation: With its durability and low-cost manufacturing, Siltrax fuel cells are also ideal for stationary power applications, providing zero-emission, reliable energy solutions. Additionally, Siltrax’s fuel cell solutions can integrate with existing natural gas and methanol infrastructure, reducing the need for high-purity hydrogen gas.
Transportation: Siltrax’s innovative fuel cells can be used for a wide range of transportation applications such as commercial vehicles and passenger vehicles.
With backing from the CEFC and Virescent Ventures, Siltrax is expanding its research and development team in Australia to further advance fuel cell systems engineering and explore local commercialization opportunities. The company is focused on bringing this revolutionary technology to international markets, contributing to the global transition toward a cleaner energy future.
Fuel cells, which directly convert the chemical energy in hydrogen into electricity with only water and heat as byproducts, are crucial in the global transition to cleaner energy. The International Energy Agency (IEA) has identified fuel cells as one of the critical technologies necessary to meet the challenges of energy transition. Siltrax’s innovation stands poised to make a significant contribution to this goal.
Siltrax is a leading innovator in silicon-based fuel cell technology, driving advancements in energy efficiency and sustainability. Based in Sydney, Australia, the company is committed to developing durable, high-performance fuel cells for power generation, transportation, and material handling, with a strong focus on sustainability. By leveraging existing supply chains and cutting-edge research, Siltrax aims to revolutionize clean energy solutions and contribute to the global hydrogen economy. For more information, visit www.siltrax.net.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 World’s First Ship With Full Carbon Capture & Storage System Ready For Pilot Testing 💰 DOE Invests Nearly $14 Million To Develop Carbon Conversion Pathways 🔬 DOE Invests $1...
Inside This Issue 🔋 Plug Closes Loan Guarantee from the U.S. Department of Energy 🗺️ USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S. 🌎 Constellation to Acquire Calpine; Cre...
Inside This Issue 🌍 Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System 💰 DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Ce...
The Series B Funding round is co-led by Hy24 and SC Net Zero Ventures who are joined by Breakthrough Energy Ventures, Enagas Emprende, Equinor Ventures, Exergon, Ezten, and MassMutal Ventures. The...
Orennia Completes Series C Funding Led by Decarbonization Partners
CALGARY, Alberta, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Orennia Inc. today announced the closing of its Series C growth financing, led by Decarbonization Partners, a partnership between BlackRock and T...
WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $45 million in federal funding for six projects to create regional cons...
The cost of building new renewable energy plants is now cheaper than operating existing fossil fuel plants globally and exciting opportunities exist for global decarbonization involving hydrogen S...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.