NewHydrogen, a wholly owned subsidiary of BioSolar, is exploring additional cost reduction opportunities in hydrogen electrolysers beyond its current research project at the University of California Los Angeles (UCLA).
In a statement released today (19th Jan) the clean energy technologies company said it has identified additional components and materials in electrolysers where meaningful cost reductions can be performed.
The current sponsored research program at UCLA is focused on replacing iridium, a precious metal found only in asteroids, with earth abundant materials that meet or exceed the performance characteristics of iridium.
“We selected UCLA because they are one of the top research institutions in the country with a deep pool of talented researchers and state of the art facilities, and because they already have a high-performance catalyst candidate from a different program that positions us well for growth,” said Dr. David Lee, CEO of BioSolar.
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