HyperSolar plans to build solar-to-hydrogen plants next to fueling stations
Nov 25, 2013 - US company HyperSolar Inc (OTC:HYSR) said Monday it was examining different commercial methods for the production of hydrogen close to distribution points or fueling stations.
The company explained that its efforts have been motivated by announcements by many major car makers, such as Toyota Motor Corp (TYO:7203) and Hyundai Motor Co (KRX:005380), that they are to start shipping hydrogen fuel cell vehicles in 2014.
HyperSolar is focused on the development of a technology for the making of hydrogen using only sunlight and any source of water. Its chief executive Tim Young explained that the technology can provide a solution to the two major challenges for the wider adoption of hydrogen cars -- the lack of hydrogen production infrastructure near the point of distribution and the environmental impact of natural gas-derived hydrogen.
The company’s research is aimed at developing a low-cost and submersible hydrogen production particle to split water molecules under the sun, emulating the core functions of photosynthesis. Each particle is a complete hydrogen generator that contains a novel high-voltage solar cell bonded to chemical catalysts by a proprietary encapsulation coating.