Newhydrogen Inc Stock Price, News & Analysis

NewHydrogen, Inc. (OTC:NEWH) announced significant progress in its green hydrogen initiative, particularly concerning its Oxygen Evolution Reaction (OER) catalyst developed at UCLA. This innovative catalyst eliminates the need for iridium, potentially reducing electrolyzer costs that heavily rely on rare materials. Recent research shows that the structural modifications made to the catalyst enhance its stability, evidenced by minimal changes in atomic distances after extensive OER cycles. CEO Dr. David Lee expressed optimism about the ongoing developments and future innovations in their technology.

NewHydrogen, Inc. (OTC:NEWH) emphasizes its role in reducing green hydrogen production costs by developing advanced electrolyzer catalyst materials. A recent media report highlighted a significant hydrogen project in Utah that aims to supply clean energy to the Los Angeles area. The initiative involves collaboration among Colorado, New Mexico, Utah, and Wyoming, responding to a U.S. Department of Energy request. NewHydrogen is focused on minimizing the use of costly rare materials in electrolyzers, which are critical for producing green hydrogen efficiently.

NewHydrogen, Inc. (OTC:NEWH) has announced progress in its green hydrogen technology development, focusing on lowering production costs by reducing reliance on expensive precious metals in electrolyzers. The company has achieved significant milestones since December 2020, including partnerships with UCLA to create efficient catalysts and a manufacturing agreement with Verde, LLC. NewHydrogen aims to enhance catalyst stability and integrate these innovations into prototype electrolyzers, positioning itself for substantial market opportunities in the green hydrogen sector.

NewHydrogen, Inc. (OTC:NEWH) has reported advancements in its green hydrogen generator research at UCLA, focusing on reducing the costs associated with producing green hydrogen. The company is developing non-precious metal catalysts for electrolyzers, which typically rely on expensive materials like platinum and iridium. Recent tests show significant improvements in catalytic performance, aided by structural modifications. NewHydrogen aims to support global initiatives for sustainable hydrogen fuel, with the potential market valued at $12 trillion by Goldman Sachs.

NewHydrogen, Inc. (OTC:NEWH) emphasizes the growing significance of green hydrogen in the global energy sector, particularly in light of the war in Ukraine and recent IPCC reports calling for reduced emissions. The upcoming approval of the REPowerEU action plan on May 18 aims to enhance Europe's energy independence, boosting demand for alternative energy sources like green hydrogen. NewHydrogen's research at UCLA shows advancements in reducing the costs of electrolyzers by minimizing the use of precious metals, paving the way for affordable green hydrogen production, essential for a sustainable energy transition.

NewHydrogen, Inc. (OTC:NEWH) announced advancements in its single-atom catalyst technology for alkaline hydrogen electrolyzers, demonstrating superior catalytic ability and stability compared to commercial platinum-based catalysts. Recent tests at UCLA confirm lower overpotential and higher mass activity of the new catalyst, which uses less expensive raw materials. CEO Dr. David Lee emphasized the catalyst's potential as a drop-in replacement for platinum, aiming for incorporation into a full prototype electrolyzer. NewHydrogen plans to deploy its own green hydrogen generator to showcase the economic viability of its innovations.

NewHydrogen, Inc. (OTC:NEWH) has appointed Dr. Ivor John as an advisor to enhance its green hydrogen initiatives. Dr. John, an expert in the hydrogen value chain, will focus on partnerships for green hydrogen generation. The company has collaborated with Verde, LLC for the manufacturing of its hydrogen generation systems. NewHydrogen aims to reduce electrolyzer costs by funding research at UCLA to minimize the use of precious metals. The green hydrogen market is projected to reach $12 trillion, highlighting the significant potential for growth in this sector.

NewHydrogen, a developer of green hydrogen technologies, supports California's SB 1075, aimed at promoting green hydrogen as a climate solution. The bill seeks to reduce emissions in sectors like transportation and agriculture and establishes a Clean Hydrogen Hub account to secure federal funding. The California Air Resources Board will create a roadmap to enhance hydrogen production and integrate it into climate planning. NewHydrogen is focused on reducing costs in green hydrogen production through innovative research at UCLA, targeting a future market valued at $12 trillion.

NewHydrogen, Inc. (OTC:NEWH) announced a Manufacturing Supply Agreement with Verde LLC to provide green hydrogen generation systems for use at intermittent renewable energy sites, including wind and solar farms. This partnership aims to demonstrate the economic viability of green hydrogen technology, utilizing excess renewable energy to produce green hydrogen via electrolyzers. NewHydrogen is focused on reducing the cost of electrolyzers by minimizing the use of precious metals in their catalysts, thus advancing the green hydrogen economy, which could reach a market value of $12 trillion.