LOS ANGELES, Nov. 15, 2016 /PRNewswire/ -- H2 Energy Renaissance (www.h2energyrenaissance.com) a Cleantech Open semifinalist, made an incredible leap into a new epoch of breakthrough nano-technology for energy production on a commercial scale.
The company's core technology, the hydrogen generator, creates an environment for the formation of electrochemical nano-reactors. The electrochemical nano-reactors are electrically charged and are highly efficient in splitting the water molecules to release hydrogen gas.
Nano-reactors can be used as a rechargeable battery. The nano-reactors accumulate into a mass which can be used as a material to build batteries of any size and of any power. The batteries are safe, non-toxic and fully recyclable.
Once the nano-reactors form, and activate, they start to release large amounts of hydrogen gas from water. The purity of the hydrogen production is 97%. The hydrogen gas can be used on demand as fuel to power any mode of transport or used on-demand at the site to produce electricity or heat cheaper than fossil fuels.
Jack Aganyan, President and head of research said "We developed nano technology for the energy sector which gives two highly valuable products."
The key inputs are water, aluminum and a basic chemical. For every pound of aluminum 2 pounds of nano-reactors are created and over 2.5 kilograms of hydrogen is produced. $40 of outputs cost $1.5 to manufacture. High margins allow hydrogen pricing to undercut fossil fuels by up to 90%.
On sustainability front the generator, which creates the nano-reactors is completely safe, hydrogen turns to water when converted to energy and the nano-reactors can be painlessly recycled. The technology and the fuel is 100% carbon-free and environmentally safe.
The energy balance shows this technology has the potential to become 30 times more efficient. H2 Energy Renaissance needs investment to go to market and realize its full potential. The company holds a patent on key production processes by Knobbe Martens.
Kirill Gichunts, CEO, says "We know where this technology is applicable today; we have requests to fulfill orders that will generate $500 million in revenue in a few years and make India, China, the Americas, Europe and Japan much cleaner and end climate change."
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SOURCE H2 Energy Renaissance