HyperSolar Inc (OTCMKTS:HYSR) the firm that produces innovative technology to generate renewable hydrogen with help of sunlight and any medium of water highlighted the impact of its latest high voltage news that has brought it closer to generating commercially-viable hydrogen fuel.
The impact
HyperSolar’s recent announcement resulted in numerous articles authored by financial, automotive and renewable energy websites. In fact, one article published on GreenCarReports.com resulted in extensive discussion among the automotive fans who visited the website. The article focused on company’s progress on its Solar Hydrogen Production project.
It records HyperSolar’s voltage breakthrough of 1.4 Volt, highlighting the technological significance of exceeding the theoretical water-splitting voltage required to produce hydrogen. It brings the firm closer to the real voltage requirement of 1.5 Volt to generate hydrogen fuel for real world systems. The publication also references how a large part of commercial hydrogen is generated utilizing natural gas as a feedstock and how the company has accomplished the objective of utilizing a low-cost renewable process.
The significance
HyperSolar Inc (OTCMKTS:HYSR)’s update comes during a period that many consider as a paradigm transition within the automotive segment with consideration to alternative fuels. Tim Young, the CEO said that the automotive industry is one of the most progressive and receptive segment with respect to hydrogen fuel know-how.
Many of the automotive firms have either produced, or are working to manufacture, fuel cell automobiles with excellent capabilities. As they seek customer adoption, availability and infrastructure of hydrogen vehicle charging stations becomes vital. The company believes it is well placed for consumers’ adoption as they continue to work on advancement of hydrogen fuel generating technology.
In last trading session, the stock price of HyperSolar gained 2% to close the trading session at $0.0255. The gains came at a share volume of 6.23 million compared to average share volume of 1.57 million.
