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SUNHYDROGEN INC. - HYSR STOCK NEWS

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SunHydrogen Inc. (OTC: HYSR) is a pioneering developer of a revolutionary technology that utilizes sunlight and water to produce renewable hydrogen. The company's patented SunHydrogen Panel technology, currently in development, aims to generate low-cost green hydrogen, contributing to the emission-free future. SunHydrogen's breakthrough approach involves nanoparticle-based hydrogen generators that split water molecules into high-purity hydrogen and oxygen, solely powered by solar energy. With strategic partnerships and ongoing advancements, SunHydrogen is at the forefront of the hydrogen industry, positioning itself as a major technology supplier in the emerging hydrogen economy.

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SunHydrogen (OTCQB: HYSR) has successfully completed a demonstration of its green hydrogen technology at a 1m² scale. The company's innovative design integrates solar cells from CTF Solar GmbH to produce hydrogen and oxygen using only sunlight and water. The demonstration, conducted on December 11, 2024, achieved hydrogen production in subfreezing temperatures at their Coralville, IA laboratory.

Earlier in October 2024, the company's 100cm² hydrogen modules demonstrated 10.8% solar-to-hydrogen efficiency at Honda R&D facility in Japan. The company plans to scale the technology to 25m² and larger, while focusing on incorporating more cost-effective materials without compromising efficiency. SunHydrogen has also secured joint development agreements with Honda R&D Co. and CTF Solar GmbH, and joined the Texas Hydrogen Alliance.

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SunHydrogen (OTCQB: HYSR) has provided an update on its progress towards demonstrating green hydrogen panels at a 1m² scale. The company has begun fabrication and testing of large-scale modules in collaboration with CTF Solar GmbH. At Honda R&D's facility in Japan, SunHydrogen's 100cm² hydrogen modules have achieved 10.8% solar-to-hydrogen efficiency, which the company claims is unmatched using cost-effective semiconductor materials immersed in water.

SunHydrogen is also working on safeguarding the modules from chemical corrosion and finalizing sites for large-scale pilot plant demonstrations. Additionally, the company is developing innovative membraneless housing units for its hydrogen panels, which aim to reduce costs and eliminate the use of environmentally persistent fluorinated compounds (PFAS).

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SunHydrogen, Inc. (OTCQB: HYSR), a developer of renewable hydrogen production technology, has appointed David Raney to its Board of Directors. Raney brings over 40 years of experience in the transportation industry, having served in leadership roles at companies like Deere & Company, Saab-Scania, General Motors, Honda, and Toyota. His expertise includes alternative fuel regulation and emerging technologies such as battery and fuel cell electric vehicles and renewable hydrogen.

Raney's background aligns with SunHydrogen's business plan and scale-up efforts for its green hydrogen technology. He recently founded the Texas Hydrogen Alliance, a non-profit organization advancing the hydrogen economy, where he now serves as Executive Director Emeritus. SunHydrogen's CEO Tim Young expressed enthusiasm about Raney's appointment, highlighting his extensive experience and commitment to hydrogen as valuable assets for the company.

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SunHydrogen, Inc. (OTCQB: HYSR) has joined the Texas Hydrogen Alliance, a coalition dedicated to advancing the hydrogen economy in Texas. The Alliance, founded in 2021, brings together stakeholders to advocate for policies that expedite hydrogen adoption, promote low-carbon production, and develop infrastructure.

SunHydrogen's CEO, Tim Young, stated that their business plan aligns well with Texas' plans to expand the hydrogen economy, including the creation of a hydrogen trucking corridor. The company's innovative solar hydrogen panels are designed for scalability and use low-cost materials, requiring only sunlight to operate.

Texas recently received a $70 million grant from the Federal Highway Administration to support the creation of a hydrogen trucking corridor. The state is also the site of the HyVelocity Hydrogen Hub, selected by the U.S. Department of Energy to receive up to $1.2 billion in funding.

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SunHydrogen (OTCQB: HYSR) has announced a joint development agreement with Honda R&D Co., to create an installation-ready hydrogen panel for safe and efficient hydrogen production. SunHydrogen's breakthrough technology produces renewable hydrogen using sunlight and water, utilizing low-cost materials and requiring no external power source other than sunlight. The collaboration aims to leverage Honda's manufacturing and design expertise to advance SunHydrogen's innovative solar-hydrogen module technology for cost-effective green hydrogen production.

This partnership aligns with Honda's goal of achieving carbon neutrality for all products and operations by 2050. The joint effort focuses on synergizing SunHydrogen's core components, including substrate, photovoltaic layers, and catalysts, to split water molecules into green hydrogen and oxygen efficiently.

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SunHydrogen (OTCQB: HYSR) has announced a technology collaboration agreement with CTF Solar GmbH to integrate CTF's solar cell modules into SunHydrogen's green hydrogen production technology. Over the past eight months, SunHydrogen has successfully adapted CTF Solar's commercial solar cell module design to create a 100 cm2 hydrogen module that facilitates hydrogen production with minimal modifications to the existing manufacturing process.

The collaboration will initiate the production of hydrogen modules for a pilot demonstration involving 50 1m2 green hydrogen panels. This project will evaluate the performance, cost-efficiency, and operational functionality of these modules at a systems level. SunHydrogen plans to announce an industrial partner for developing housing units and essential infrastructure necessary for scaling up to commercial production.

CTF Solar, located in Dresden, Germany, is owned by China Triumph International Engineering Co., (CTIEC), a top 200 global design and engineering company and part of the CNBM Group, a Global Fortune 500 company.

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SunHydrogen, Inc. (HYSR) has initiated the scale-up phase for production of 1m² green hydrogen panels with its industrial partner, COTEC. The technology is capable of splitting water molecules into high-purity green hydrogen and oxygen using sunlight. COTEC, a leader in industrial electroplating, has successfully replicated SunHydrogen’s proprietary process on a laboratory scale. SunHydrogen has engaged a group of industrial partners and collaborators to accelerate its progress toward commercialization.
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SunHydrogen, Inc. (HYSR) announces the completion of a new laboratory space by industrial partner COTEC dedicated to the development of SunHydrogen's renewable hydrogen production technology. The laboratory is fully equipped for the manufacturing process and is expected to be completed by December 31, 2023. SunHydrogen and COTEC will work on producing 1m² hydrogen panels for pilot projects, showcasing the world's first-ever nanoparticle-based green hydrogen production at commercial scale.
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SunHydrogen, Inc. provided an update on its breakthrough technology to produce renewable hydrogen using sunlight and water. The update includes recent achievements and the roadmap for commercializing their nanoparticle-based green hydrogen technology. Key components of their technology include the hydrogen generator, semiconducting photovoltaic layers, oxidation/reduction catalysts, and device housing. They have successfully validated the manufacturability of their substrates, achieved optimal performance and efficiency in their semiconducting layers, made progress in potential catalysts for hydrogen and oxygen evolution, and are consulting with experts to develop innovative reactor designs and system layouts.
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SunHydrogen successfully uplists its common stock from OTC Pink Market to OTCQB Venture Market
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FAQ

What is the current stock price of SUNHYDROGEN (HYSR)?

The current stock price of SUNHYDROGEN (HYSR) is $0.0268 as of December 20, 2024.

What is the market cap of SUNHYDROGEN (HYSR)?

The market cap of SUNHYDROGEN (HYSR) is approximately 135.3M.

What is SunHydrogen Inc. known for?

SunHydrogen Inc. is known for developing breakthrough technology to produce renewable hydrogen using sunlight and water.

What is the core technology behind SunHydrogen's operations?

The core technology involves nanoparticle-based hydrogen generators that split water molecules into high-purity green hydrogen and oxygen using solar energy.

What sets SunHydrogen apart in the hydrogen industry?

SunHydrogen distinguishes itself with a unique approach to green hydrogen production, aiming to become a major technology supplier in the new hydrogen economy.

How does SunHydrogen's technology contribute to an emission-free future?

By enabling the production of low-cost green hydrogen through sunlight and water, SunHydrogen plays a crucial role in transitioning towards emission-free vehicles, ships, data centers, aircraft, and more.

What are some of SunHydrogen's recent achievements?

SunHydrogen recently unveiled the world's first nanoparticle-based green hydrogen generator, showcasing the potential for economical green hydrogen solutions.

Who are SunHydrogen's key partners in advancing its technology?

SunHydrogen collaborates with industrial partners such as COTEC and renowned institutions like the University of Iowa and University of Michigan to accelerate technology development and commercialization.

SUNHYDROGEN INC.

OTC:HYSR

HYSR Rankings

HYSR Stock Data

135.35M
5.11B
1.9%
0.03%
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