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Tuesday, September 21, 2021

EV; Green Renewable Hydrogen; the Run on Sunhydrogen Inc (OTCMKTS: HYSR)

Sunhydrogen Inc (OTCMKTS: HYSR) is in full beast mode skyrocketing up the charts and making that parabolic run we have all been waiting for. For years HYSR did nothing even trading as low as $0.003 and Microcapdaily reported on it many times at these levels well below a penny. We could not be more happy to see long suffering longs cashing in big here. HYSR is fully reporting OTCQB and recently filed its 10k and its 10Q showing a cash position of $500,000. The stock is no stranger to big moves seeing a historic rise back in 2014. With green technology on the docket HYSR the developer of a breakthrough technology to make renewable hydrogen using sunlight and water is getting noticed again by Investors.

HYSR is at the right place at the right time; as the demand for hydrogen increases worldwide, renewable hydrogen companies are finally coming into the favor of investors with the adoption of hydrogen fuel technologies within an increased number of major industries and spanning many applications especially the massive electric vehicle market. An article in Barron’s by Steve Goldstein states that Goldman Sachs is bullish on   investment in Green Hydrogen. Goldman, according to the article, said that it is a “once in a lifetime” opportunity and that the addressable market could be worth $11.7 trillion by 2050.

Sunhydrogen Inc (OTCMKTS: HYSR) is developing a breakthrough, low cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater. Unlike hydrocarbon fuels, such as oil, coal and natural gas, where carbon dioxide and other contaminants are released into the atmosphere when used, hydrogen fuel usage produces pure water as the only byproduct. By optimizing the science of water electrolysis at the nano-level, our low-cost nanoparticles mimic photosynthesis to efficiently use sunlight to separate hydrogen from water, to produce environmentally friendly renewable hydrogen. Using our low-cost method to produce renewable hydrogen, we intend to enable a world of distributed hydrogen production for renewable electricity and hydrogen fuel cell vehicles.

HYSR is building a pilot production plant to commercially produce Gen 1, from water and waste to Fuel! It could start as early as late spring of 2020 according to HyperSolars latest presentation! From now until then Hydrogen sustainability will open many peoples eyes as a greener option of fuel for the future! In a recent breakthrough HYSR reported the stability test of its proprietary fully integrated hydrogen production device has surpassed 1000 hours. The device will serve as the foundation of the Company’s first-generation commercial renewable hydrogen generator. Stability of solar hydrogen device over 1000 hours translate to 6 months of lifetime in sunny states like California, or to 1 year of lifetime in average. Extension of lifetime of the device can significantly lower the levelized cost of hydrogen making it more economical for users.

HSYR recently filed its Q3 10Q showing $500,000 in the treasury. Recently HYSR CEO Tim Young participated in the “Workshop on Scale up of Hydrogen Production through Photo-Electro-Chemical (PEC) Water Splitting” at the Indian Oil Corporation’s Research and Development Centre in Faridabad, India earlier this month. Mr. Young presented Advancing Renewable H2 Production Technology Through Development of Inexpensive NanoH2 Generators while Syed Mubeen presented Design of High-Efficiency Large Scale Photo-Electro-Chemical Devices for Hydrogen Production Through Water Splitting.

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HYSR

HYSR has retained New York City-based FischTank PR, a leading sustainability and cleantech PR firm, to drive communications efforts as the Company continues to advance its nanoparticle technology for generation of economical green hydrogen. Through its relationship with FischTank PR, SunHydrogen will activate its Twitter and Facebook pages, utilizing both to serve as resources for renewable hydrogen and broader renewable energy news and information, as well as for sharing corporate announcements and materials. The Company also plans to increase shareholder communications via press release and newsletter distribution, highlighting technological milestones, commercialization efforts and other corporate progress.

On December 7 HYSR announced the closing of its previously announced registered direct offering of 120,000,000 shares of the Company’s common stock, at a purchase price of $0.075 per share. The gross proceeds from the offering were $9,000,000. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The Company intends to use the net proceeds primarily to accelerate the development of its breakthrough nanoparticle hydrogen generation technology, as well as for working capital and general corporate purposes. The $9 million in funding follows a $4 million equity investment from GHS Investments, LLC, of Jericho, New York.

 

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HYSR is in full beast move skyrocketing up the charts and making that parabolic run we have all been waiting for. For years HYSR did nothing even trading as low as $0.003 and Microcapdaily reported on it many times at these levels well below a penny. We could not be more happy to see long suffering longs cashing in big here. HYSR is fully reporting OTCQB and recently filed its 10k and its 10Q showing a cash position of $500,000. The stock is no stranger to big moves seeing a historic rise back in 2014. With green technology on the docket HYSR the developer of a breakthrough technology to make renewable hydrogen using sunlight and water is getting noticed again by Investors. HYSR is at the right place at the right time; as the demand for hydrogen increases worldwide, renewable hydrogen companies are finally coming into the favor of investors with the adoption of hydrogen fuel technologies within an increased number of major industries and spanning many applications especially the massive electric vehicle market. An article in Barron’s by Steve Goldstein states that Goldman Sachs is bullish on  investment in Green Hydrogen. Goldman, according to the article, said that it is a “once in a lifetime” opportunity and that the addressable market could be worth $11.7 trillion by 2050. We will be updating on HYSR when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with HYSR.

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Disclosure: we hold no position in HYSR either long or short and we have not been compensated for this article.

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