BioSolar Announces Green Hydrogen Technology Venture
BioSolar | December 17, 2020
BioSolar, Inc. (OTC:BSRC) ("BioSolar" or the "Organization"), an engineer of energy stockpiling innovation and materials, today declared that it has shaped an entirely possessed auxiliary, NewHydrogen, Inc., to build up an electrolyzer innovation to bring down the expense of green hydrogen. This program will run equal and correlative to the Company's current lithium-particle innovation improvement focusing on the high-development battery electric vehicle ("BEV") area. (See www.NewHydrogen.com)
Some accept that energy component electric vehicles ("FCEV"), fueled by green hydrogen, or hydrogen delivered through sustainable methods versus petroleum gas or other non-renewable energy sources, will speak to a significant market opportunity later on for electric versatility. In a 2020 examination report, Goldman Sachs gauges that green hydrogen will be a "once in a blue moon" market opportunity worth more than $12 trillion.
Pound for pound, hydrogen contains 3 fold the amount of energy as petroleum gas or gas, and 200 fold the amount of energy as lithium-particle batteries. It is the most bountiful and pervasive clean energy known to man, however as hydrogen doesn't exist in its unadulterated structure, it should be removed. Starting at 2020, almost 95% of hydrogen on the planet is made by steam changing of petroleum gas ("dim hydrogen") or coal gasification ("earthy colored hydrogen"). The two wellsprings of hydrogen are fundamentally various types of filthy, carbon weighty, and non-inexhaustible petroleum products.
This never really help battle environmental change or lead to sustainable power and a reasonable planet. A superior and more suitable alternative for the planet is to make green hydrogen from sustainable assets, for example, sun oriented, wind and water. Today, electrolyzer innovation is the solitary industrially accessible answer for doing as such.
Electrolysis, the way toward utilizing power to part water into hydrogen and oxygen in an electrolyzer, has been logically demonstrated for over 200 years. It is a promising and adaptable alternative to create "green hydrogen" utilizing inexhaustible power produced from wind and sunlight based. Sadly, high effectiveness electrolyzers are costly and depend on uncommon earth materials, for example, platinum and iridium – in a real sense stardust discovered uniquely in space rocks. These materials represent almost half of the expense of electrolyzers.
"NewHydrogen will zero in on building up an advancement electrolyzer innovation to supplant uncommon earth materials with cheap earth bountiful materials," said Dr. David Lee, CEO of BioSolar. "While we leave on this new program in the high development classification of green hydrogen creation, we stay focused on our current battery innovation improvement program with the focal point of commercializing a silicon anode fit for improving the effectiveness and bringing down the expense of battery electric vehicle plan and creation."