Over the past year, SunHydrogen has rapidly pursued a new methodology that integrates solar cells from CTF Solar GmbH into the Company's core technology for green hydrogen production, enabling faster market entry. SunHydrogen's innovative design uses economical, easily manufacturing PV materials to produce clean hydrogen and oxygen from just sunlight and water.
In October 2024, SunHydrogen announced that its 100cm² hydrogen modules – manufactured in collaboration with CTF Solar – demonstrated 10.8 percent solar-to-hydrogen efficiency at the Honda R&D facility in Japan. Since then, the Company has been working steadily 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 SunHydrogen's Chief Scientific Officer Dr. Syed Mubeen. “Our next steps include continuously improving the technology, incorporating even more cost-effective materials without sacrificing efficiency, and scaling it to 25m² and larger.”
Also this year, SunHydrogen secured joint development agreements with Honda R&D Co. and CTF Solar GmbH, joined the Texas Hydrogen Alliance to continue making inroads into the hydrogen economy, and welcomed new board member David Raney, who is utilizing his transportation and energy regulation expertise 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” added SunHydrogen's CEO Tim Young. “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 Professor Kazunari Domen, Dr. Hiroshi Nishiyama, and Dr. Taro Yamada for their invaluable support. On behalf of the SunHydrogen team, we wish you all a joyful and prosperous holiday season and we look forward to sharing more updates with you very soon.”
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