SunHydrogen Partners with CTF Solar to Boost Green Hydrogen Panel Production
- 24-Jul-2024 3:28 PM
- Journalist: Shiba Teramoto
SunHydrogen, Inc. (OTCQB: HYSR), known for its innovative technology that generates renewable hydrogen from sunlight and water, has announced a technology collaboration agreement with CTF Solar GmbH. This agreement will see CTF Solar's solar cell modules integrated into SunHydrogen's green hydrogen production technology.
In a recent letter to shareholders, SunHydrogen CEO Tim Young outlined the benefits of pursuing this strategy alongside the Company’s nanoparticle technology.
Over the past eight months, SunHydrogen has successfully adapted CTF Solar's commercial solar cell module design to develop a 100 cm² hydrogen module, allowing for hydrogen production with minimal adjustments to the current manufacturing process. This strategic adaptation optimizes the photovoltaic elements to achieve the ideal voltages and currents necessary for efficient hydrogen production. Additionally, SunHydrogen is spearheading efforts to integrate catalysts and is working closely with CTF Solar to apply stabilization coatings, which will enhance the performance and durability of the modules.
As part of the agreement, SunHydrogen and CTF Solar will begin manufacturing hydrogen modules for a pilot demonstration that includes 50 green hydrogen panels, each measuring 1m². This partnership aims to evaluate the performance, cost-efficiency, and operational functionality of these modules at a systems level. SunHydrogen also plans to soon reveal an industrial partner to help develop housing units and essential infrastructure needed for scaling up to commercial production.
With a legacy of innovation spanning decades, CTF Solar serves not only as a technical partner but also as a strong industrial ally with the capability to scale operations globally. Based in Dresden, Germany, CTF Solar is led by leading German photovoltaic engineers and is owned by China Triumph International Engineering Co., Ltd. (CTIEC), a prominent global design and engineering firm ranked among the top 200 worldwide. CTIEC is a subsidiary of the CNBM Group, a Global Fortune 500 company and the largest building materials supplier in Asia.
SunHydrogen is pioneering advanced technologies for producing, storing, and utilizing green hydrogen, targeting a market projected by Goldman Sachs to reach $12 trillion by 2050. The company’s patented SunHydrogen Panel technology, currently under development, aims to generate low-cost green hydrogen from sunlight and any water source. Similar to how solar panels produce electricity, SunHydrogen Panels are designed to produce green hydrogen. The company's vision is to become a leading technology provider in the emerging hydrogen economy, focusing on enabling emission-free hydrogen production for industrial applications such as fertilizer and petroleum refining, as well as fuel cell applications for mobility and data centers.