Santa Clarita

NewHydrogen to Benefit from Historic $550 Billion Federal Funding for Clean Energy Industry

Retrieved on: 
Friday, November 19, 2021

SANTA CLARITA, Calif., Nov. 19, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), a developer of green hydrogen technologies, today commented on the recent passage of the Infrastructure Investment and Jobs Act (IIJA), which includes historic investments in clean hydrogen programs. NewHydrogen anticipates broad industry opportunities for green hydrogen technologies, such as the one the Company is currently developing.

Key Points: 
  • NewHydrogen anticipates broad industry opportunities for green hydrogen technologies, such as the one the Company is currently developing.
  • The program establishes a clean energy strategy and roadmap for the United States that includes more than $550 billion in new federal investment in Americas infrastructure.
  • The plan also establishes regional clean hydrogen hubs to demonstrate new technology and accelerate the commercialization of clean hydrogen.
  • Dr. Lee concluded, We look forward to pursuing opportunities to accelerate the adoption of green hydrogen with this significant federal investment in clean energy.

NewHydrogen provides an updated overview of its green hydrogen technology program

Retrieved on: 
Tuesday, October 12, 2021

SANTA CLARITA, Calif., Oct. 12, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), a developer of clean energy technologies, today provided an updated overview of its sponsored research program at UCLA, which is focused on lowering the cost of producing green hydrogen. Producing hydrogen economically and from renewable sources is a key component of a sustainable energy future.

Key Points: 
  • SANTA CLARITA, Calif., Oct. 12, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTC:NEWH), a developer of clean energy technologies, today provided an updated overview of its sponsored research program at UCLA, which is focused on lowering the cost of producing green hydrogen.
  • In addition to the inexpensive non-precious metal-based OER catalyst that replaces expensive iridium in PEM electrolyzers, the Company is also developing hydrogen evolution reaction (HER) catalysts.
  • NewHydrogen, Inc. is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production.
  • Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen.

NewHydrogen provides additional details on its research to lower the cost of green hydrogen

Retrieved on: 
Tuesday, September 7, 2021

Research sponsored by NewHydrogen aims to support the DOE goal to reduce the cost of clean hydrogen by 80% to $1 per kilogram in a decade.

Key Points: 
  • Research sponsored by NewHydrogen aims to support the DOE goal to reduce the cost of clean hydrogen by 80% to $1 per kilogram in a decade.
  • Research funded by NewHydrogen is focused on lowering the cost of producing hydrogen from renewable sources, creating a clean energy source that does not pollute.
  • NewHydrogen, Inc. is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production.
  • Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen.

NewHydrogen continues progress on lowering the price of green hydrogen

Retrieved on: 
Monday, July 19, 2021

NewHydrogen has made significant progress towards its goal of developing technologies that lower the cost of producing green hydrogen, accelerating the timeline for large-scale applications in high growth markets, said Spencer Hall, NewHydrogens chief operating officer.

Key Points: 
  • NewHydrogen has made significant progress towards its goal of developing technologies that lower the cost of producing green hydrogen, accelerating the timeline for large-scale applications in high growth markets, said Spencer Hall, NewHydrogens chief operating officer.
  • NewHydrogen is focused on lowering the cost of green hydrogen, which is produced using renewable energy sources like wind or solar power, by reducing or replacing rare earth materials in electrolyzers with inexpensive earth-abundant materials.
  • NewHydrogen, Inc. is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production.
  • Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen.

NewHydrogen further expands green hydrogen technology research program at UCLA

Retrieved on: 
Tuesday, June 22, 2021

With an increased budget, the new agreement expands the scope of the non-precious metal based oxygen evolution reaction (OER) catalyst development program.

Key Points: 
  • With an increased budget, the new agreement expands the scope of the non-precious metal based oxygen evolution reaction (OER) catalyst development program.
  • Thus we have decided to further extend the OER side of the sponsored research program.
  • The Companys previous amendment to the sponsored research program expanded its focus on significantly reducing or replacing the hydrogen evolution reaction (HER) catalyst, platinum.
  • NewHydrogen, Inc. is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production.

NewHydrogen provides updates on its green hydrogen technology development

Retrieved on: 
Tuesday, June 1, 2021

Eventually, a fully functional hydrogen-producing electrolyzer will serve as a reference prototype to help electrolyzer manufacturers worldwide to assess NewHydrogens breakthrough technology to produce low-cost green hydrogen.

Key Points: 
  • Eventually, a fully functional hydrogen-producing electrolyzer will serve as a reference prototype to help electrolyzer manufacturers worldwide to assess NewHydrogens breakthrough technology to produce low-cost green hydrogen.
  • We are very pleased to see the exciting progress being made in our green hydrogen program at UCLA, said Dr. David Lee, CEO of NewHydrogen.
  • NewHydrogen, Inc. is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production.
  • Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen.

BioSolar changes corporate name to NewHydrogen

Retrieved on: 
Friday, April 30, 2021

b'SANTA CLARITA, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- BioSolar, Inc. (OTC:BSRC), a developer of clean energy technologies, today announced that it changed its corporate name to NewHydrogen, Inc., and now has a new stock ticker symbol: NEWH.

Key Points: 
  • b'SANTA CLARITA, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- BioSolar, Inc. (OTC:BSRC), a developer of clean energy technologies, today announced that it changed its corporate name to NewHydrogen, Inc., and now has a new stock ticker symbol: NEWH.
  • \xe2\x80\x9cTherefore, we chose the name of our recently launched green hydrogen venture as our parent company name.
  • The main challenge and reason that the world does not utilize green hydrogen everywhere today is due to the high cost.
  • Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen.

BioSolar Announces Closing of $5.0 Million Registered Direct Offering

Retrieved on: 
Wednesday, April 7, 2021

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

Key Points: 
  • H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
  • The gross proceeds from the offering were $5.0 million.
  • 333-254336) relating to the registered direct offering of the securities described above was filed with the Securities and Exchange Commission (SEC) on March 16, 2021 and was declared effective on March 25, 2021.
  • The offering of the securities was made only by means of a prospectus supplement and accompanying prospectus that forms a part of the effective registration statement.

BioSolar Announces $5.0 Million Registered Direct Offering

Retrieved on: 
Monday, April 5, 2021

The gross proceeds from the offering are expected to be $5.0 million.

Key Points: 
  • The gross proceeds from the offering are expected to be $5.0 million.
  • The offering is expected to close on or about April 7, 2021, subject to the satisfaction of customary closing conditions.
  • 333-254336) relating to the registered direct offering of the securities described above was filed with the Securities and Exchange Commission (SEC) on March 16, 2021 and was declared effective on March 25, 2021.
  • These statements include, without limitation, statements related to our ability to close the registered direct offering, the gross proceeds from the offering and the use of proceeds.

NewHydrogen provides green hydrogen technology development update

Retrieved on: 
Tuesday, March 23, 2021

SANTA CLARITA, Calif., March 23, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc., a BioSolar company (OTC:BSRC), today provided an update on the progress of its green hydrogen technology development under a sponsored research agreement with the University of California at Los Angeles (UCLA).

Key Points: 
  • SANTA CLARITA, Calif., March 23, 2021 (GLOBE NEWSWIRE) -- NewHydrogen, Inc., a BioSolar company (OTC:BSRC), today provided an update on the progress of its green hydrogen technology development under a sponsored research agreement with the University of California at Los Angeles (UCLA).
  • We are very pleased to see the progress being made in our green hydrogen program at UCLA, said Spencer Hall, COO of NewHydrogen.
  • The company is focused on developing a breakthrough electrolyzer technology to lower the cost of green hydrogen production.
  • Electrolyzers installed behind a solar farm or wind farm can use renewable electricity to split water, thereby producing green hydrogen.