SANTA CLARITA, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTC: NEWH), the developer of a breakthrough technology to provide low-cost green hydrogen, right this moment introduced that it has executed an settlement to further increase the prevailing sponsored analysis settlement with the University of California at Los Angeles (UCLA) to develop technology to scale back the price of green hydrogen manufacturing. The new settlement expands the scope of this system to incorporate the event of environment friendly and steady hydrogen manufacturing utilizing PEM electrolyzers.
The aim of NewHydrogen’s sponsored analysis at UCLA is to decrease the price of green hydrogen by systematically lowering the price and growing the efficiency of crucial parts of hydrogen mills. These electrolyzers cut up water into oxygen and hydrogen and at the moment depend on uncommon supplies comparable to iridium and platinum, which account for a considerable portion of the price.
In 2021, researchers at UCLA funded by NewHydrogen developed a low-cost oxygen catalyst that doesn’t use costly iridium and considerably improved the efficiency of PEM electrolyzers. Also developed have been hydrogen catalysts that use an order of magnitude much less platinum or no platinum in any respect.
The Company is at the moment within the stage of incorporating its novel oxygen and hydrogen catalysts into an entire prototype electrolyzer. The settlement expands its technology focus to incorporate further element improvements associated to fuel diffusion layer, ion change membrane, and catalyst layer. The Company’s final aim is to develop a low-cost and high-performance electrolyzer consisting of a number of breakthrough parts.
“We are very pleased to broaden our green hydrogen research program at UCLA with Dr. Huang and her team, in whom we have a high level of confidence,” stated Dr. David Lee, CEO of NewHydrogen. “We look forward to seeing more achievements to drastically reduce the cost of producing green hydrogen as a result of expanding the sponsored research program.”
About NewHydrogen, Inc.
NewHydrogen is growing a breakthrough technology to provide low-cost green hydrogen utilizing renewable vitality. Hydrogen is the cleanest and most considerable gasoline within the universe. It is zero-emission and solely produces water vapor when used. Unfortunately, hydrogen doesn’t exist in its pure type on Earth so it have to be extracted from a supply that incorporates hydrogen. For centuries, scientists have identified tips on how to cut up water into hydrogen and oxygen utilizing a easy and chic system referred to as an electrolyzer. However, electrolyzers are nonetheless very costly. NewHydrogen plans on growing a number of element improvements to allow the following era of low price electrolyzers. The Company’s preliminary focus is on changing and lowering costly uncommon earth supplies, to assist usher in the green hydrogen economy that Goldman Sachs estimated to have a future market worth of $12 trillion.
To be taught extra concerning the firm, please go to www.newhydrogen.com.
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