other material
confidence medium
sentiment positive
materiality 0.15
NewHydrogen provides ThermoLoop progress update; UCSB builds reactor, generates hydrogen
NewHydrogen, Inc.
- UCSB team designed, built reactor test stand and generated hydrogen from water via thermochemical cycle.
- Thermodynamic screening methodology identifies candidate materials; TGA and XRD analysis used.
- CEO cites $12 trillion green hydrogen market opportunity; aims for cheapest green hydrogen using heat.
- Progress since August 2023; goal to split water at temperatures below 1000°C, avoiding expensive electricity.