SunHydrogen Announces Agreement with CTF Solar GmbH, Global Innovator of Thin Film Solar Cell Modules, to Accelerate Production of Green Hydrogen Panels

(SunHydrogen) SunHydrogen, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced that the Company has entered into a technology collaboration agreement with CTF Solar GmbH to integrate CTF’s solar cell modules into SunHydrogen’s technology for green hydrogen production.

In a recent letter to shareholders, SunHydrogen’s CEO Tim Young detailed the advantages of pursuing this strategy in parallel with the Company’s nanoparticle technology.

Over the past eight months, SunHydrogen has successfully adapted CTF Solar's commercial solar cell module design to create a 100 cm² hydrogen module that facilitates hydrogen production with minimal modifications to the existing manufacturing process. This strategic adaptation enhances the photovoltaic elements to achieve optimal voltages and currents, essential for efficient hydrogen generation. Furthermore, SunHydrogen is leading efforts to integrate catalysts and is collaborating closely with CTF Solar to implement stabilization coatings, ensuring improved performance and durability of the modules.

Through the agreement, SunHydrogen and CTF Solar will initiate the production of hydrogen modules for a pilot demonstration involving 50 1m² green hydrogen panels. This collaboration will evaluate the performance, cost-efficiency and operational functionality of these modules at a systems level. Soon, SunHydrogen plans to announce an industrial partner for development of housing units and essential infrastructure necessary for scaling up to commercial production.

With a proud history spanning decades of innovation, CTF Solar is not only a technical partner, but also a robust industrial partner capable of scaling operations globally. Located in Dresden, Germany, CTF Solar is managed by pioneering German photovoltaic engineers and owned by China Triumph International Engineering Co., Ltd. (CTIEC), a top 200 global design and engineering company. CTIEC is part of the CNBM Group, a Global Fortune 500 company and the largest building materials supplier in Asia.

About SunHydrogen, Inc.
SunHydrogen is developing breakthrough technologies to make, store and use green hydrogen in a market that Goldman Sachs estimates to be worth $12 trillion by 2050. Our patented SunHydrogen Panel technology, currently in development, uses sunlight and any source of water to produce low-cost green hydrogen. Like solar panels that produce electricity, our SunHydrogen Panels will produce green hydrogen. Our vision is to become a major technology supplier in the new hydrogen economy. By developing, acquiring and partnering with other critical technologies, we intend to enable a future of emission-free hydrogen production for all industrial applications such as fertilizer and petroleum refining as well as fuel cell applications for mobility and data centers. To learn more about SunHydrogen, please visit our website at www.SunHydrogen.com. READ MORE

Excerpt from SunHydrogen: We have amassed multiple international patents, engaged numerous industrial partners at the cutting edge of our field, and navigated many challenges.

We believe our methodology for this completely homegrown multi-junction semiconductor will be the holy grail of green hydrogen production, and we are committed to making it happen: Most recently, we have worked diligently to translate our lab-scale success to commercial scale with our partner COTEC of South Korea, a world leader in industrial electroplating and electrochemical processes, as well as with several German companies and institutions through Project NanoPEC.

In the simplest terms, our nanoparticle technology involves depositing billions of microscopic multi-junction solar cells with catalysts, each able to efficiently split water molecules into hydrogen and oxygen. The goal is not only to scale this system to the size of today’s traditional solar panels, but to do so at a cost that is competitive with the highly pollutive natural gas-derived hydrogen used in the fertilizer, gas refining, and steel manufacturing industries. Furthermore, when integrated with fuel cell technology, renewable hydrogen from companies like SunHydrogen will one day be competitive with fossil fuel powered cars, buses, trains, and ships that dominate today’s mobility market.

As evidenced by the number of years our efforts have required, this methodology presents challenges and requires patience, but its merits in efficiency and economics demand that we continue pushing forward to make it a reality.

Approximately 18 months ago, we began developing a strategy we believed could bring us to market faster. This system utilizes commercially available and mass-produced thin film solar cells and modules which are re-engineered with our proprietary hydrogen module design to provide fault tolerance and improve hydrogen production efficiency. While this strategy operates on principles very similar to our nanoparticle technology, it benefits from a mature manufacturing platform, enabling earlier market entry. Through an introduction from scientific adviser Dr. Arthur Nozik, we collaborated with the National Renewable Energy Laboratory in Golden, CO to measure the efficacy of this method.

Over the past year, we have been working with a global innovator of thin film solar cell modules to minimize changes to the existing mass manufacturing process for electricity-producing modules so we can instead produce hydrogen-generation modules. These modules can be easily scaled into hydrogen producing-arrays, similar to the size of existing solar arrays you see on rooftops and solar farms around the world. They have also proven to be 98% recyclable after their expected lifetime of 20 years.