The companies will leverage H2U's proprietary Catalyst Discovery Engine (CDE) to reduce the cost of Proton Exchange Membrane (PEM) electrolyzers. The joint
JEV is a significant shareholder in H2U and holds a seat on its Board of Directors.
Energy suppliers and manufacturers across the globe are taking the initiative to scale up electrolyzer manufacturing, especially for Proton Exchange Membrane (PEM) electrolyzers that are ideal for making 'green' hydrogen from renewable energy sources like wind and solar. However, a major hurdle stands in the way. Contemporary PEM electrolyzer designs rely on rare, costly platinum group metals (PGMs) like iridium, a very expensive element with a highly constrained supply. That's where H2U's proprietary CDE comes into play. The CDE allows scientists to rapidly discover and develop novel catalysts that are composed of abundant materials costing a fraction of the price of precious metals in use today. H2U scientists then use artificial intelligence and machine learning (AI/ML) to further refine the search for the optimal catalyst materials.
By collaborating with H2U and utilizing the CDE,
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