The Exciting Run on Sunhydrogen Inc OTCMKTS: HYSR

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Sunhydrogen Inc: OTCMKTS: HYSR has been on the move in recent weeks making a huge run out of double zero land to recent highs over $0.20. The stock has been swept up in the EV hype as TSLA gains over 800% over the past year. HYSR is fully reporting OTCQB, well funded moving forward and is at the right place at the right time with green technology on the docket. Word wide demand for hydrogen is growing rapidly especially with the rise of the electric vehicle EV market.
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Sunhydrogen Inc: OTCMKTS: HYSR is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles.
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HYSR is currently developing the Gen-2, this proprietary and highly-efficient nanoparticle technology is built from the ground up to systematically lower the cost of each component. The nanoparticle, structured as an autonomous nano-solar cell with catalysts, splits water into oxygen and hydrogen. Billions of the nano-solar cells are encapsulated in an array inside a square centimeter protective layer. The technology is designed to be manufactured using a low cost industrial roll-to-roll electrodeposition process. After cells are deposited and coated in the electrodeposition process on a metal substrate, the substrate is inserted into our proprietary solar hydrogen panel design. The Company has protected this process with patents in the US, Europe, Australia and China with pending grants in other countries.
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HYSR reached a milestone after its proprietary fully integrated hydrogen production device has surpassed 1000 hours. The device will serve as the foundation of the Company’s first-generation commercial renewable hydrogen generator. The Company has focused on increasing the stability of the proprietary all-in-one hydrogen production device, working toward the 1000-hour target, since 2018. The stability test was conducted under continuous simulated peak sunlight illumination by the research team at the University of Iowa. The solar cell at the core of the hydrogen panel remained operational after the completion of the stability test. However, the hydrogen production rate began to decrease after 600 hours. The components integrated onto the device were identified to be the cause of the deteriorating device performance. The company is currently in process of improving the device components to remain stable for longer periods of operational time. Stability of solar hydrogen device over 1000 hours translate to 6 months of lifetime in sunny states like California, or to 1 year of lifetime in average. Extension of lifetime of the device can significantly lower the levelized cost of hydrogen making it more economical for users.

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On December 31 HYSR announced an end of year business and technology development update. The Gen 1 program was designed to provide a clear proof of concept and demonstrate the potential for scalable growth, and ultimately commercial viability. Currently, SunHydrogen is completing the build-out of the 100 prototype solar hydrogen units that include solar cell assembly with applied coatings and catalysts, and the housing for safe hydrogen collection. For the manufacturing of the solar hydrogen panels for demonstration, the Company is working with Suzhou GH New Energy Tech Co., LTD and Suzhou Maimaosi Sensor Technology Co., LTD, both based in Suzhou, China. The Gen 1 technology uses multi-junction amorphous silicon solar cells.

In 2019, the company demonstrated 1000 hours of continuous hydrogen production utilizing Gen 1 cell technology. While the overall efficiency of the cells is low, SunHydrogen has gained significant and valuable insight during experimentation for the development of its Gen 2 nanoparticle technology. SunHydrogen anticipates completing the 100 demonstration units in the beginning of Q2 of 2021, enabling the Company to leverage them as further proof of concept as the Company looks to accelerate its nano-technology development. For a more efficient use of resources, these 100 demonstration units that were previously earmarked for one large demonstration pilot plant, will be put on display as smaller demonstration centers in global locations to demonstrate how sunlight and water can be used to produce hydrogen. The infrastructure required for a large plant is well documented, and demonstrating its function with the Gen 1 panels is not relevant to the Company’s overall goal of commercializing its Gen 2 nanoparticle technology.

SunHydrogen’s Gen 2 program is one that the Company believes is most economical from a technology and commercial viability standpoint. By gaining and leveraging insights from the Gen 1 program, Gen 2 technology is well positioned to attain three times the solar-to-hydrogen efficiency and represents a potential tipping point for market-changing hydrogen production. The Company is now working with two different companies – one in Colorado and one in Germany – that are fabricating and testing the manufacturability of Gen 2 technology structure at sizes needed for commercial viability.

“SunHydrogen has achieved a number of milestones this year spanning technology development and our capital structure, positioning us well for growth within the hydrogen fuel sector,” said Tim Young, CEO of SunHydrogen, Inc. “Well-funded and with strategic partners in place, we are laser-focused on completing the Gen 1 program and continuing to leverage our technology as a proof of concept, while adding the necessary resources and partners to advance the Gen 2 program and establish a commercial partnership. As hydrogen fuel – and more specifically green hydrogen – continues to garner attention from customers and investors alike, we anticipate 2021 being an impactful year for SunHydrogen.”

HYSR has been on the move in recent weeks making a huge run out of double zero land to recent highs over $0.20. The stock has been swept up in the EV hype as TSLA gains over 800% over the past year. HYSR is fully reporting OTCQB, well funded moving forward and is at the right place at the right time with green technology on the docket. Word wide demand for hydrogen is growing rapidly especially with the rise of the electric vehicle EV market.

For more on HYSR subscribe below

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