Published by Todd Bush on December 18, 2024
CORALVILLE, IA, Dec. 18, 2024 (GLOBE NEWSWIRE) – SunHydrogen, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced it has completed a demonstration of its green hydrogen technology at the commercially relevant 1m² scale. This milestone marks a significant step toward scaling up green hydrogen production for industrial applications.
Over the past year, SunHydrogen has pursued a new methodology integrating solar cells from CTF Solar GmbH into the company’s core green hydrogen production technology, enabling faster market entry. SunHydrogen’s innovative design uses economical, easily manufacturable PV materials to produce clean hydrogen and oxygen from just sunlight and water.
In October 2024, SunHydrogen reported that its 100cm² hydrogen modules, manufactured in collaboration with CTF Solar, demonstrated 10.8% solar-to-hydrogen efficiency at the Honda R&D Co. facility in Japan. Since then, the company has steadily worked toward a 1m² proof-of-concept demonstration. On December 11, 2024, the team successfully demonstrated hydrogen production in subfreezing temperatures outside the SunHydrogen laboratory in Coralville, IA.
“With this 1m² demonstration under our belt, we can begin the site selection process for larger pilot demonstrations,” said Dr. Syed Mubeen, Chief Scientific Officer of SunHydrogen. “Our next steps include continuously improving the technology, incorporating even more cost-effective materials without sacrificing efficiency, and scaling it to 25m² and larger.”
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This year, SunHydrogen secured joint development agreements with Honda R&D Co. and CTF Solar, joined the Texas Hydrogen Alliance to deepen its involvement in the hydrogen economy, and welcomed new board member David Raney. Mr. Raney brings valuable expertise in transportation and energy regulation to help advance the company’s mission.
“I’d like to express my gratitude to our shareholders for their continued belief in our vision, along with our industrial partners, vendors, and the local Iowa businesses that have supported our progress,” said Tim Young, CEO of SunHydrogen.
“I would specifically like to thank the team at Honda R&D Co., the University of Iowa, the University of Michigan, Niigata Co., Ltd, and our expert consultants Prof. Kazunari Domen, Dr. Hiroshi Nishiyama, and Dr. Taro Yamada for their invaluable support,” continued Mr. Young. “On behalf of the SunHydrogen team, we wish you all a joyful and prosperous holiday season and look forward to sharing more updates with you very soon.”
SunHydrogen is developing breakthrough technologies to make, store, and use green hydrogen in a market that Goldman Sachs estimates to be worth $12 trillion by 2050. The company’s patented SunHydrogen Panel technology uses sunlight and any source of water to produce low-cost green hydrogen. Similar to solar panels that produce electricity, SunHydrogen Panels are designed to generate green hydrogen.
SunHydrogen’s vision is to become a major technology supplier in the hydrogen economy. By developing, acquiring, and partnering with other critical technologies, the company aims to enable a future of emission-free hydrogen production for industrial applications such as fertilizer and petroleum refining, as well as fuel cell applications for mobility and data centers. For more information, visit www.SunHydrogen.com.
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