HYSR trading up 3.2947%
February 5, 2024 (Globalinvestorideas.com Newswire) Investorideas.com (www.investorideas.com) Hydrogen Stock News Bites- SunHydrogen, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced that the Company has initiated the scale-up phase for production of 1m² green hydrogen panels with its industrial partner, COTEC.
SunHydrogen’s technology is currently the only self-contained nanoparticle-based hydrogen generation device capable of splitting water molecules into high-purity green hydrogen and oxygen using solely the sun’s energy. Just like a solar panel is comprised of multiple cells that generate electricity, the Company’s hydrogen panel encases multiple hydrogen generators immersed in water. Each hydrogen generator contains billions of electroplated nanoparticles, autonomously splitting water into hydrogen and oxygen.
Located in Changwon, South Korea, COTEC is a leader in industrial electroplating and electrochemical processes and holds expertise across the aerospace, automotive, defense, and nuclear industries.
In November, SunHydrogen’s CEO Tim Young visited COTEC’s facility to view firsthand the progress at their newly established laboratory dedicated to SunHydrogen’s technology. Since then, COTEC’s team has successfully replicated SunHydrogen’s proprietary process on a laboratory scale, employing advanced industrial electroplating techniques.
“With the successful completion of COTEC’s initial exploration phase, we’re excited to announce the next phase of scaling SunHydrogen’s generators for 1m² green hydrogen panels,” said SunHydrogen’s Chief Scientific Officer Dr. Syed Mubeen.
“Given the breakthrough nature of our technology, our team is mindful of the fact that scaling to 1m² presents inherent challenges, and we believe COTEC is the ideal partner to help us address those challenges,” said SunHydrogen’s CEO Tim Young. “I would like to thank COTEC for their dedication to our shared goals and our shareholders and supporters for their patience as we work to bring world-changing technology closer to commercialization. Our team is delighted to begin 2024 with this work underway, and we look forward to sharing our ongoing progress with you.”
Read the company’s full news and disclaimer here:
https://www.sunhydrogen.com/news-posts/sunhydrogen-and-cotec-advance
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