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SunHydrogen Joins Texas Hydrogen Alliance to Support the Growth of the Hydrogen Economy

hydrogen economy texas

SunHydrogen Joins Texas Hydrogen Alliance to Support the Growth of the Hydrogen Economy

CORALVILLE, IA, Sept. 24, 2024 (GLOBE NEWSWIRE) — SunHydrogen, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced that it has joined the Texas Hydrogen Alliance, a coalition of industry leaders dedicated to advancing the hydrogen economy in Texas.

Founded in 2021, the Texas Hydrogen Alliance is a 501(c)(6) non-profit trade organization that brings together policymakers, regulators, industry leaders and innovators to advocate for policies that expedite hydrogen adoption, promote low-carbon hydrogen production, and develop robust infrastructure for storage and distribution. The Alliance seeks not only to strengthen Texas’ position as the energy capital of the world, but also to create new opportunities for economic growth and innovation in the hydrogen sector.

SunHydrogen’s CEO Tim Young, said :

We believe our business plan is very well-aligned with current plans to expand the hydrogen economy in Texas, including the creation of a hydrogen trucking corridor throughout the state,

The innovative solar hydrogen panels SunHydrogen is developing use abundant and low-cost materials, require no external power other than sunlight, and are designed with scalability in mind. The Company intends to install its green hydrogen panel arrays at and near roadside refueling sites along major trucking routes with abundant land and sun, lowering the high costs and hydrogen losses associated with typical long-distance transport.

In January 2024, Texas received a $70 million grant from the Federal Highway Administration supporting the creation of a hydrogen trucking corridor for medium and heavy-duty trucks. The funding will go toward the construction of up to five stations across Dallas-Fort Worth, Houston, Austin and San Antonio, with the eventual goal of building a corridor between Texas and Southern California.

Additionally, Texas is the site of the HyVelocity Hydrogen Hub, one of seven regional clean hydrogen hubs selected by the U.S. Department of Energy to receive up to $1.2 billion in funding. HyVelocity Hub participants Air Liquide, Chevron, ExxonMobil and Sempra Infrastructure are also part of the Texas Hydrogen Alliance.

Mr. Young said,

Our membership in the Alliance brings tremendous opportunity to make inroads into the Texas hydrogen landscape and beyond,

“SunHydrogen greatly looks forward to engaging with prestigious industry leaders and fellow innovators.”

READ the latest news shaping the hydrogen market at Hydrogen Central

SunHydrogen Joins Texas Hydrogen Alliance to Support the Growth of the Hydrogen Economy, source

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