SunHydrogen’s CEO Tim Young Shares Progress Update on Company’s Nanoparticle-Based Green Hydrogen Technology and Investment in TECO 2030 ASA

SANTA BARBARA, CA, March 20, 2023 (GLOBE NEWSWIRE) —  SunHydrogen, Inc. (OTC: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today shared an update to its shareholders from its Chief Executive Officer, Tim Young, as follows.

Our Technology

In February 2023, SunHydrogen unveiled the largest version to-date of our nanoparticle-based green hydrogen technology, which splits water molecules into high-purity green hydrogen and oxygen using the sun’s energy.

This 1.5 sq. ft. panel houses 16 hydrogen generators and integrates light absorbers, catalysts, membranes, gas collection, and liquid delivery all in one unit.

Our SunHydrogen panel is currently the only self-contained nanoparticle-based hydrogen generation device of its kind that utilizes the sun’s energy to split water molecules into high-purity green hydrogen and oxygen. Our scalable system design, use of low-cost, abundant materials, and ability to utilize water of varying purities are all attributes that set us apart from conventional electrolyzer solutions. Our team’s diligent work to scale our panel design is a testament to our unwavering commitment to providing a truly unique solution that has the potential to revolutionize the green hydrogen landscape and make green hydrogen production highly cost-competitive with brown hydrogen.

Our team’s efforts are currently focused on increasing the panel’s hydrogen production rates and durability while decreasing the cost per kilogram of hydrogen produced. We are pursuing these goals through a series of improvements to our hydrogen panel’s design and internal components, and our commitment to these efforts is driven by our overarching goal of delivering the most affordable green hydrogen solution.

First, we are increasing the hydrogen generator area to panel area ratio by over 50% compared to the current design. This upgrade will result in a substantial increase in the amount of solar energy absorbed and converted into hydrogen gas.

Our scientific team is also working closely with the National Renewable Energy Laboratory (NREL) and the University of Iowa to integrate existing state-of-the-art, low-cost semiconductors into our nanoparticle-based system to substantially improve the overall power conversion efficiency of our hydrogen panels.

Additionally, we are working with our industrial partners Corning Laser Technologies GmbH and Geomatec to reduce voltage loss between the anode and cathode catalysts, also resulting in improved power conversion efficiency.

Lastly, our team is working closely with the Singh Lab at the University of Michigan to optimize our catalyst and membrane integration techniques. This will increase the lifetime of our catalyst, decreasing the overall hydrogen production cost.

These improvements are currently being implemented and tested in our 1.5 sq. ft. panel, upon which the design will then be translated into a 1 m² panel. These advancements have also been designed specifically to increase the lifespan and stability of the panel, reducing the need for maintenance and replacement and making it even more cost-effective for future customers to adopt green hydrogen.

TECO 2030

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