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Ryan Patrick Joins NewHydrogen as Senior Chemical Engineer
Globenewswire· 2026-01-13 08:30
Core Insights - NewHydrogen, Inc. has appointed Ryan Patrick as Senior Chemical Engineer to enhance the design and integration of experimental results into its ThermoLoop process models, which aims to produce the world's cheapest clean hydrogen using water and heat instead of renewable electricity [1][2][3] Company Overview - NewHydrogen is developing ThermoLoop, a technology that utilizes water and heat to generate clean hydrogen, significantly reducing reliance on expensive electricity [5] - The company collaborates with leading scientists at UC Santa Barbara to advance its hydrogen production technology, which is crucial for various industries including agriculture, transportation, and manufacturing [5] Technology and Market Potential - ThermoLoop's approach to hydrogen production is based on cost-effective, entropy-driven thermochemical water-splitting technology, which focuses on high-temperature reaction systems and materials-driven process development [2] - The clean hydrogen economy is projected to have a market value of $12 trillion, highlighting the significant economic potential of NewHydrogen's technology [5]
NewHydrogen Reports Significant 2025 ThermoLoop™ Progress
Globenewswire· 2025-12-16 08:30
Core Insights - NewHydrogen, Inc. has made significant advancements in developing its ThermoLoop technology, which aims to produce the world's cheapest clean hydrogen using water and heat instead of electricity [2][4][6] - The company has outlined its milestones achieved in 2025 and plans for further development in 2026, including partnerships and technology integration with small modular reactors (SMRs) [3][5] Milestones Achieved in 2025 - NewHydrogen has collaborated with the University of California Santa Barbara (UCSB) to develop ThermoLoop, a thermochemical process that reduces hydrogen production costs by utilizing inexpensive heat [2][4] - The company publicly disclosed the science behind ThermoLoop, highlighting its scalability and cost advantages over conventional electrolyzer technology [4] - Two patent applications were filed in the U.S. with UCSB for innovative hydrogen production processes, focusing on thermochemical methods for water splitting [4] - NewHydrogen's common stock began trading on the OTCQB Venture Market under the ticker symbol "NEWH," enhancing visibility and liquidity for investors [4] - The company appointed key personnel, including a Chief Technology Officer and a Director of Process Engineering, to advance its technology [4] Future Plans for 2026 - NewHydrogen aims to explore improved material systems and chemical process designs for scalable hydrogen production from water [3] - The company plans to integrate ThermoLoop with current and future conventional and nuclear power plants, particularly SMRs, to create multi-output clean energy facilities [4][5] - Partnerships with SMR technology companies are being fostered to enhance project economics by producing both electricity and hydrogen from the same heat source [5] - The CEO expressed optimism about bringing ThermoLoop to market, emphasizing the significant market opportunity for clean hydrogen solutions [5] Industry Context - Hydrogen is essential for various industries, including fertilizers, transportation, oil refining, and steel production, with current production methods relying heavily on hydrocarbons [6] - The clean hydrogen market is projected to have a future market value of $12 trillion, indicating substantial growth potential as industries adopt new technologies [6]
NewHydrogen Reports Significant 2025 ThermoLoop™ Progress
Globenewswire· 2025-12-16 08:30
Core Insights - NewHydrogen, Inc. has made significant advancements in developing ThermoLoop, a technology aimed at producing the world's cheapest clean hydrogen using water and heat instead of electricity [2][4] - The company has outlined its milestones achieved in 2025 and plans for further development in 2026, emphasizing the potential of ThermoLoop to revolutionize hydrogen production [1][5] Milestones Achieved in 2025 - Collaborated with the University of California Santa Barbara (UCSB) to develop ThermoLoop, which utilizes inexpensive heat to lower clean hydrogen production costs [2] - Publicly disclosed the science behind ThermoLoop, highlighting its scalability and cost advantages over traditional electrolyzer systems [4] - Jointly filed two patent applications with UCSB for innovative hydrogen production processes, focusing on thermochemical methods that do not rely on expensive electrolyzers [4] - Successfully demonstrated a functioning ThermoLoop lab benchtop unit producing hydrogen in real-time, marking a significant advancement from previous iterations [4] - Uplisted to the OTCQB Venture Market, enhancing visibility and liquidity for its stock as it progresses towards commercialization [4] Future Plans for 2026 - Continue exploring improved material systems, reactors, and chemical process designs for thermochemical cycles to scale hydrogen production from water [3] - Integrate ThermoLoop technology with current and future conventional and nuclear power plants, particularly Small Modular Reactors (SMRs), to create multi-output clean energy facilities [4][5] - Foster partnerships with SMR technology companies to enhance project economics by co-generating electricity and hydrogen from the same heat source [5] Industry Context - Hydrogen is essential for various industries, including fertilizers, transportation, oil refining, and steel production, with current production methods primarily relying on hydrocarbons [6] - The clean hydrogen market is projected to have a future market value of $12 trillion, indicating substantial growth potential as industries adopt new technologies [6]
First Hydrogen Welcomes European Commission's Launch of Hydrogen Mechanism and New H2 Matchmaking Platform
Newsfile· 2025-11-13 08:05
Core Insights - The European Commission has launched a Hydrogen Mechanism and H2 Matchmaking Platform to connect hydrogen buyers with producers, aimed at accelerating the growth of the clean-hydrogen economy in Europe [1][2][3] - First Hydrogen Corp. is optimistic about the EU's initiative, which will help de-risk hydrogen projects and secure commercial commitments, facilitating the advancement of hydrogen-fuel-powered vehicles and green energy projects [2][3] Industry Developments - The H2 Matchmaking Platform addresses the lack of binding offtake agreements, a significant barrier that has hindered investment decisions in renewable and low-carbon hydrogen projects across the EU [3] - The EU's goal is to achieve climate neutrality by 2050 and to become independent from Russian fossil fuels by 2030, highlighting the urgency of developing a robust hydrogen economy [3] Company Initiatives - First Hydrogen has developed hydrogen-fuel-cell-powered light commercial vehicles (FCEVs) that have completed 6,000 km of testing and can achieve a range of over 630 kilometers on a single refueling [6] - The company is focused on zero-emission vehicles and green hydrogen production, with operations in the UK, EU, and North America [4][7]
NewHydrogen Files Second Patent to Protect Its Breakthrough Technology
Globenewswire· 2025-11-04 05:01
Core Insights - NewHydrogen, Inc. has developed ThermoLoop™, a technology that aims to produce the world's cheapest clean hydrogen using water and heat instead of electricity [1][5] - The company has filed a second provisional patent application in collaboration with the University of California, Santa Barbara, focusing on improvements to the ThermoLoop process [2][4] Technology and Innovation - The patent application titled "Improved Materials and Methods For Production of Chemicals By Thermochemical Looping" details advancements in the thermochemical water splitting process and new material compositions [2] - The proprietary process leverages advanced solid-state materials and machine learning for optimizing efficiency and cost-effectiveness [2] Economic Viability - Preliminary design and economic studies indicate that integrating ThermoLoop with current and future power plants is feasible, with Small Modular Reactors (SMRs) identified as ideal heat sources for the process [3] - The company aims to significantly reduce the reliance on expensive electricity for hydrogen production, which is currently dominated by hydrocarbon-based methods [5] Market Potential - The clean hydrogen economy is projected to have a market value of $12 trillion, highlighting the significant economic opportunity associated with hydrogen production [5]
NewHydrogen Reveals Massive Source of Heat for ThermoLoop
Globenewswire· 2025-10-27 20:00
Core Viewpoint - NewHydrogen, Inc. has developed ThermoLoop™, a technology that utilizes heat instead of electricity to produce clean hydrogen, which is expected to significantly reduce production costs [1][10]. Group 1: Technology and Process - ThermoLoop is a novel thermochemical process that leverages inexpensive heat to lower the cost of clean hydrogen production [2]. - The technology can be retrofitted into existing and future power plants, utilizing the constant high-temperature heat and steam they produce [3]. - By directly using heat from power plants, ThermoLoop can eliminate most electricity usage, making it potentially more cost-effective than traditional electrolyzers [4]. Group 2: Market Potential and Future Developments - The demand for new power plants is driven by population growth and the increasing need for AI, which will provide a greater source of heat for hydrogen production [5]. - Currently, there are 2,500 coal, 4,500 gas, and 440 nuclear power plants globally, with projections indicating a rise in nuclear power's role in electricity generation [6]. - The U.S. plans to add 300 gigawatts of new nuclear capacity by 2050, primarily through Small Modular Reactors (SMRs), which can support distributed power generation [7]. Group 3: Production Capacity and Economic Impact - A 50-megawatt SMR integrated with ThermoLoop could produce approximately 54 metric tons of hydrogen daily, sufficient for 10,000 hydrogen vehicle fill-ups [8]. - The integration of ThermoLoop with power plants could enable continuous production of clean hydrogen, which is more valuable than electricity [8]. - The clean hydrogen economy is projected to have a future market value of $12 trillion, highlighting the significant economic potential of this technology [10].
NewHydrogen to Release a Special Report on October 27, 2025
Globenewswire· 2025-10-22 18:04
Core Insights - NewHydrogen, Inc. is set to release a Special Report on October 27, 2025, detailing a significant source of heat for its ThermoLoop technology, which aims to produce the world's cheapest clean hydrogen using water and heat instead of electricity [1][2]. Company Overview - NewHydrogen is developing ThermoLoop, a technology that utilizes water and heat to generate low-cost clean hydrogen, which is essential for various industries including fertilizers, transportation, and pharmaceuticals [4]. - The current predominant method for producing clean hydrogen involves using electrolyzers powered by clean electricity, which constitutes 73% of the cost of clean hydrogen production [5]. Technology and Process - The Special Report will highlight large-scale, globally available heat sources that can be harnessed for the ThermoLoop process, potentially reducing the reliance on expensive electricity [2]. - Heat can be sourced from concentrated solar energy, industrial waste heat, and nuclear reactors, which can significantly lower the cost of hydrogen production compared to traditional methods [5]. Market Potential - The clean hydrogen economy is projected to have a market value of $12 trillion, as estimated by Goldman Sachs, indicating substantial growth potential for technologies like ThermoLoop [5].
NewHydrogen Announces Its First Production of Clean Hydrogen
Globenewswire· 2025-07-15 07:30
Core Viewpoint - NewHydrogen, Inc. has achieved a significant milestone by demonstrating real-time hydrogen production using its innovative ThermoLoop technology, which utilizes heat instead of electricity for water-splitting, potentially leading to the world's lowest cost clean hydrogen production [1][2][7]. Technology Demonstration - The company showcased its ThermoLoop lab benchtop unit, marking the first instance of continuous hydrogen production, which allows for simultaneous production of hydrogen and oxygen [2][3]. - The Special Report provides insights into the laboratory processes and the unique thermochemical water-splitting approach of ThermoLoop, which could render traditional electrolyzers obsolete [4]. Pathway to Commercial Scale - This lab demonstration is a crucial step towards scaling the technology for commercial applications, similar to the evolution of steam reforming of natural gas, which currently produces over 60 million tons of hydrogen annually in a $170 billion market [6]. Cost Efficiency - ThermoLoop's heat-based method addresses the high cost of clean hydrogen production, where electricity constitutes up to 73% of production costs. By utilizing heat from various sources, the technology aims to significantly reduce these costs [7][9]. - The company collaborates with a research team at UC Santa Barbara to advance the clean hydrogen economy, which Goldman Sachs estimates could reach a market value of $12 trillion [9]. Company Overview - NewHydrogen is focused on developing ThermoLoop, a technology that leverages water and heat for hydrogen production, positioning itself as a key player in the clean hydrogen sector, which is essential for various industries including agriculture, transportation, and manufacturing [8].
NewHydrogen Announces Its First Production of Clean Hydrogen
GlobeNewswire News Room· 2025-07-15 07:30
Core Viewpoint - NewHydrogen, Inc. has achieved a significant milestone by demonstrating real-time hydrogen production using its innovative ThermoLoop™ technology, which utilizes heat instead of electricity to produce clean hydrogen at a lower cost [1][2][7]. Technology Demonstration - The company showcased its ThermoLoop lab benchtop unit, marking the first instance of continuous hydrogen production through a thermochemical water-splitting process [2][3][4]. - Previous versions of the technology could only produce either hydrogen or oxygen, but the latest iteration allows for simultaneous production, enhancing efficiency and data collection for future scaling [3][4]. Pathway to Commercial Scale - This lab demonstration is a crucial step towards commercial applications, similar to the evolution of steam reforming of natural gas, which now produces over 60 million tons of hydrogen annually in a $170 billion market [6]. - The technology aims to address the high production costs of clean hydrogen, where electricity currently constitutes up to 73% of these costs [7][9]. Industry Impact - NewHydrogen's approach could potentially render traditional electrolyzers obsolete, significantly impacting the clean hydrogen economy, which Goldman Sachs estimates could reach a market value of $12 trillion [5][9]. - The company is collaborating with a world-class research team at UC Santa Barbara to advance its technology and contribute to the clean hydrogen economy [9].