The agreement has been extended through August 31st and allows the company to increase its focus on the more efficient GEN 2 hydrogen production technology that is intended to dramatically reduce the cost of producing renewable hydrogen to meet the internationally growing demand.
The agreement currently covers the extensive development work to complete and commercialize the company’s GEN 2 nanoparticle hydrogen production panels that will deploy a much higher solar-to-hydrogen efficiency than GEN 1 at lower manufacturing cost. The work will continue to be led by Professor Dr. Syed Mubeen, (University of Iowa) and Dr. Joun Lee, (SunHydrogen).
“As we are set to begin the production phase of our GEN 1 hydrogen panels, our research efforts will become increasingly focused on GEN 2” said Tim Young, CEO of SunHydrogen. “The University of Iowa has been a key and productive partner in the development of our GEN 1 panels. These three months of summer will get us closer to the final architecture for what will be a much more efficient and stable generation of our product. We will also be setting new milestones for the upcoming agreement in September. The knowledge we have gained through the GEN 1 process will accelerate our path to commercialization for GEN 2.”
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