The Company to commit more R&D resources to help drive down the cost of producing green hydrogen
SANTA CLARITA, Calif., Jan. 19, 2022 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTC:NEWH), a developer of a breakthrough green hydrogen generator that uses renewable energy to produce low-cost green hydrogen, today announced that it has expanded its green hydrogen development plan. The company also will commit more research and development resources to help drive down the cost of producing green hydrogen. “An electrolyzer — the primary component of a hydrogen generator — is still very expensive,” said David Lee, CEO of NewHydrogen. “We have made great progress with our existing technology developments to replace and reduce the expensive rare earth materials, which represent a significant cost factor. Now, we will widen our focus to include other breakthrough technologies to…
NewHydrogen expands green hydrogen development plan
