US start-up Versogen’s breakthrough electrolyser technology that produces green hydrogen at scale in a reliable and affordable way has been selected by the invitation-only Shell GameChanger Accelerator.
Working in partnership with the US Department of Energy’s National Renewable Laboratory (NREL), Shell’s GameChanger Accelerator (GCxN) provides promising cleantech start-ups with access to financial resources, state-of-the-art facilities and world-class technical experts.
Versogen, formerly known as W7energy, said its new class of electrolyser, built with patented anion exchange membrane (AEM) technology, is engineered to reduce the costs of producing green hydrogen at every stage with the most advanced membranes that offer durability, performance and scalability.
The pioneering approach to hydrogen generation provides operational benefits similar to a proton exchange membrane (PEM) electrolyser system at a significantly lower capital expenditure cost whilst creating high-purity hydrogen.
Santiago Rojas-Carbonell, Chief Operating Officer of Versogen, said, “The path to a sustainable energy future depends on affordable green hydrogen.”
“Our electrolyser has the potential to transform the energy sector and play an important role in the global energy transition toward net-zero emissions.”
It is widely known that the American manufacturing industry is largely powered by petroleum and natural gas and is on track to become the largest source of the nation’s greenhouse gas emissions within the next 10 years.
Because of this, innovations in renewable electrochemistry are creating significant opportunities to reduce the impact of carbon emissions in widely used resources and fuels.
“GCxN’s fourth cohort will help prove that electrochemistry technologies can replace carbon-intensive legacy processes,” said Haibin Xu, Shell’s GCxN Program Manager.
“As renewable energy costs continue to drop, cross-industry initiatives and partnerships will prove that it’s possible to cost-effectively scale these technology applications and achieve real-world impact.”
Yushan Yan, CEO of Versogen, said, “We appreciate the opportunity to work together with Shell and NREL in this unique accelerator program. Our cohesive team shares a vision to become the global leader in leveraging the sustainability and versatility of hydrogen to achieve a carbon-neutral society.”
“The GCxN program will provide critical resources needed to bring our new AEM electrolyser to market.”