NewHydrogen, Inc. (OTC: NEWH) is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production. Hydrogen is the cleanest and most abundant fuel in the universe. It is zero-emission and only produces water vapor when used. However, hydrogen does not exist in its pure form on Earth so it must be extracted. For centuries, scientists have known how to use electricity to split water into hydrogen and oxygen using a device called an electrolyzer. Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen. Unfortunately, electrolyzers are expensive and rely on rare earth materials such as platinum and iridium. These very expensive materials account for nearly 50% of the cost of electrolyzers. The company’s technology is aimed at significantly reducing or replacing rare earth materials in electrolyzers with inexpensive earth-abundant materials to help usher in a green hydrogen economy that Goldman Sachs estimates will be worth $12 trillion by 2050.
Company Details
- Address
- Santa Clarita, California 91387, Us
- Industry
- Renewable Energy Semiconductor Manufacturing
- NAICS
-
Semiconductor and Other Electronic Component Manufacturing
- Website
- https://newhydrogen.com/
- Keywords
- Real Estate.
- HQ
- Santa Clarita, California
Newhydrogen Questions
Newhydrogen's website is https://newhydrogen.com/
Newhydrogen's LinkedIn profile is https://www.linkedin.com/company/newhydrogen
Newhydrogen's industry is
Renewable Energy Semiconductor Manufacturing
Newhydrogen's top competitors are
Modern Hydrogen,
Texas Hydrogen Alliance,
Envision Energy,
Centex Inspection Services,
Next Hydrogen,
Sunhydrogen, Inc.,
Heven,
Hydrogenics,
Pani Clean, Inc.,
Electric Hydrogen.
Newhydrogen's categories are Renewable Energy Semiconductor Manufacturing
