SANTA BARBARA, Calif., July 10, 2018 (GLOBE NEWSWIRE) -- HyperSolar, Inc. (OTCQB:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and any source of water, announced today that its current stability test of its proprietary fully integrated hydrogen production device has surpassed 365 hours before any degradation. The design of the device will serve as the foundation of the Company’s first generation commercial renewable hydrogen generator.
HyperSolar demonstrated over 100 hours of stable hydrogen generation under continuous simulated sunlight illumination in April 2018, and soon achieved over 294 hours of stable operation under peak sunlight in May 2018. In June, HyperSolar reached its goal of passing 365 hours of stable operation under peak sunlight. Peak sun hours vary from 2~6 hours by region in the United States and 365 hours of operation under peak sunlight equals to approximately 2~5 months of stable operation of the their proprietary hydrogen generation panel.
“As we move closer to building a full demonstration pilot plant with this technology, our goal is to surpass 1000 hours of stable operation which is over 6 months of lifetime of the cells and catalysts in the hydrogen generation panel with 5 hours of peak sunlight in sunny states such as California,” commented Tim Young, CEO of HyperSolar. “The lifetime of the cells and catalysts are directly linked to the economics, and the increased lifetime will significantly lower the cost for hydrogen production. We are now beginning work with a commercial coatings company to more uniformly coat the cells with our stability polymer for longer stable operation.”
As noted, the Company is now focused on increasing long-term stability, which is critical for commercial adoption. Due to the low cost of a-Si solar cells, many hydrogen pioneers have attempted to use them in solar hydrogen systems, but have failed in achieving long-term stability in standalone solar powered water-splitting devices. Based on research and feedback from peers, the Company believes that its results with a-Si cells are some of, if not, the most significant in the world.
About HyperSolar, Inc. HyperSolar 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. To learn more about HyperSolar, please visit our website at www.hypersolar.com .
Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
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