Dr. Matter Presents at Wall St. Green Summit

P2H2 News

CTO Dr. Paul Matter Presented at
Wall Street Green Summit

COLUMBUS, Ohio October 8, 2020 – Yesterday, Power to Hydrogen Chief Technology Officer, Dr. Paul Matter, presented at the 2020 Wall Street Green Summit. Dr. Matter discussed the role of reversible fuel cells for energy storage and hydrogen generation for transportation to over 650 participants that includes representatives from many leading investors and others involved in advancing sustainable industries.

Wall Street Green Summit is the longest running and most comprehensive sustainable finance event in the industry. Launched in 2002 by Peter Fusaro, the Wall Street Green Summit covers cutting edge content, industry developments and features the leading practitioners in sustainability. More importantly, it is aimed at building the sustainable finance system for responsible investing and the changing role of business in sustainability. The emergence of the “Impact Economy” is where main street investors team up with corporations, entrepreneurs and government to solve environmental and social problems while generating financial returns.

This year’s Wall Street Green Summit, which was focused on climate change impact solutions, was originally planned for March 23, 2020 in New York, but was delayed due to COVID. The reschedule event, which was held virtually, occurred over a full week spanning October 5 to 9, 2020.

According to Dr. Matter, “this year’s Wall Street summit was a great forum to network with thought leaders in the  renewable energy space, and present the unique solutions we are developing at Power to Hydrogen.”

About Power to Hydrogen

Power to Hydrogen (P2H2) is accelerating the transition to a clean energy future by improving access to and affordability of renewably derived green hydrogen and energy storage. With Clean Energy Bridge™, an efficient and cost-effective reversible fuel cell system, P2H2 generates hydrogen on-site and produces power when needed most, during peak usage and outages.

Head Office

6625 Singletree Dr.,
Columbus, OH 43229

EMAIL US

info@power-h2.com

P2H2 News: Hydrogen is a Game Changer

P2H2 News

P2H2 News: Hydrogen is a Game Changer

COLUMBUS, Ohio October 6, 2020 –Historic wildfire and hurricane seasons are telltale signs of climate change. We must move swiftly to reduce greenhouse gas emissions and transition to a clean energy economy. Green hydrogen from renewable power holds the greatest potential to offset fossil fuels, especially for high utilization vehicles and in challenging environments where batteries don’t fare well. This includes commercial air travel where Airbus is leading the way with multiple hydrogen powered aircraft concepts; Alstom’s hydrogen train that recently entered regular passenger service in Austria; and Glencore’s Raglan Mine in Nunavik (far northern Canada) where hydrogen generated from wind turbines is displacing 4.4-million liters of diesel. In short, hydrogen is the game changer fuel on our road to a clean energy future.

Speaking of game changers, Power to Hydrogen (P2H2) recently kicked off a collaborative project with the Shell GameChanger program. The project is focused on scaling our stack, a critical step in demonstrating Clean Energy Bridge in commercially relevant environments. More on the fruits of our efforts are included below.
 
As always, I greatly appreciate the guidance and support of everyone receiving this newsletter. None of this would be possible without you.
 
Tad Dritz
CEO
 

Product

During the past quarter, development of Clean Energy Bridge (CEB) made significant steps forward including:
  • Shell GameChanger – Kicked off our GameChanger project, a phased program that will optimize our cell performance, increase stack size and evaluate system economics compared to industry leading PEM electrolyzers.
  • High Pressure Hydrogen – Advanced patent-pending cell/stack design to operate with large pressure differential. This allows for production of high pressure hydrogen, a key advantage of CEB as this minimizes or eliminates the need for costly and maintenance intensive mechanical compression.
  • Design for Manufacturing – Selected for NYSERDA’s M-Corp program, which will start this month. The program allows us to engage with experts to refine our manufacturing roadmap and design CEB for manufacturing.
 
Markets
P2H2 is oriented to meet needs of key market segments.
  • Public Transport – Stark Area Regional Transportation Authority (SARTA) which operates the third largest fuel cell bus fleet in the western hemisphere wants to use CEB to fuel their fleet and as a hub of a solar powered microgrid; they have provided a letter of intent and we will be working with them to develop a pilot project.
  • Distribution Centers – Due to key advantages including fast fill time and long duration operation, lift trucks are a killer application of hydrogen fuel cells. P2H2 has initiated a project with a student team from the Ohio State University to understand better the opportunity for CEBs at distribution centers. 
  • Asia Pacific Region – P2H2 was selected as a finalist for the Japan Energy Challenge, a competition where selections are based exclusively on sponsors interest in collaborations and hosting pilots.
 
Operations
We continue to build an outstanding organization to commercialize our game changing technology.
  • Financing – We are ramping up fundraising efforts and have entered into due diligence with a leading VC firm active in hydrogen. We are aiming to close the round as soon as practical, so if you’re interested in participating,contact us soon.
  • Advisors – P2H2 is proud to welcome three new advisors: 1) Dr. Shyam Kocha a fuel cell and electrolysis expert, 2) Tom Fletcher who is guiding our product roadmap and project management, and 3) Antony Seppi a generalist that is helping with multiple aspects of our business.
  • Facilities – After some unexpected delays, we’re finally moving into our new office located at 6625 Singletree Drive, Columbus, Ohio. Stop by and visit, if you’re in the neighborhood.
  • Website – Finally, we’re refreshing our site and will relaunch it on October 15 to coincide with Cleantech Open’sInvestor & Partner Connect.

About Power to Hydrogen

Power to Hydrogen (P2H2) is accelerating the transition to a clean energy future by improving access to and affordability of renewably derived green hydrogen and energy storage. With Clean Energy Bridge, an efficient and cost-effective reversible fuel cell system, P2H2 generates hydrogen on-site and produces power when needed most, during peak usage and outages.

Head Office

6625 Singletree Dr.,
Columbus, OH 43229

EMAIL US

info@power-h2.com

Shell GameChanger Award

P2H2 News

Power to Hydrogen to Receive Funding
and Support through the Shell GameChanger program

COLUMBUS, Ohio October 2, 2020Shell GameChanger, a program that enables startups to prove the worthiness of their early-stage, energy-related ideas, has selected pioneering hydrogen and energy storage company, Power to Hydrogen, as a beneficiary of its funding and support. The funding will be used to further develop and scale up Power to Hydrogen’s revolutionary Clean Energy Bridge™, a reversible fuel cell technology than cost effectively generates hydrogen and produces power.

Power to Hydrogen’s GameChanger project is aimed at maturing and scaling-up the company’s proprietary reversible fuel cell stacks to achieve a multi-kW rating. The end result will validate the technology’s performance, efficiency and cost effectiveness.

Power to Hydrogen CEO Tad Dritz noted the importance of being selected for the program: “This is a pivotal moment for Power to Hydrogen. Shell has an incredibly deep understanding of hydrogen and electrolysis. This provides a great vote of confidence in the potential of our technology and our young company.”

Companies are selected for the program based on a fit against four main criteria: novelty, potential value, do-ability and fit with Shell.

About Power to Hydrogen

Power to Hydrogen (P2H2) is accelerating the transition to a clean energy future by improving access to and affordability of renewably derived green hydrogen and energy storage. With Clean Energy Bridge™, an efficient and cost-effective reversible fuel cell system, P2H2 generates hydrogen on-site and produces power when needed most, during peak usage and outages.

Head Office

6625 Singletree Dr.,
Columbus, OH 43229

EMAIL US

info@power-h2.com

P2H2 Welcomes New Advisors

P2H2 News

Power to Hydrogen Welcomes
Three New Advisors

COLUMBUS, Ohio September 20, 2020 – Pioneering hydrogen and energy storage company Power to Hydrogen, is proud to welcome three new members to its board of advisors. The new advisors include Dr. Shyam Kocha, Tom Fletcher and Antony Seppi.

Dr. Kocha is a renowned fuel cell and electrolysis expert with over 20 years of experience conducting and managing fundamental and applied research for companies including Technologies, General Motors, Nissan and US National Renewable Energy Laboratory (NREL). He has authored over 75 articles, conference presentations and book chapters that have been cited over 9,000 times. Dr. Kocha will be advising Power to Hydrogen on technology development and competitive benchmarking.

Tom Fletcher, former Vice President at Ingersoll-Rand, is an experienced engineering leader with proven ability to manage strategic organizational change, drive process improvement, facilitate cross-functional teams, establish and drive global development, and successfully introduce new products to market. Tom is advising Power to Hydrogen on product roadmapping and implementing good project management practices.

Antony Seppi, a startup leader at Hamilton County Development Corporation, which helps build businesses and promote job creation in Cincinnati area through business incubation, lending, and economic development services. Antony is a generalist who is helping with many aspects of Power to Hydrogen business.

About Power to Hydrogen

Power to Hydrogen (P2H2) is accelerating the transition to a clean energy future by improving access to and affordability of renewably derived green hydrogen and energy storage. With Clean Energy Bridge™, an efficient and cost-effective reversible fuel cell system, P2H2 generates hydrogen on-site and produces power when needed most, during peak usage and outages.

Head Office

6625 Singletree Dr.,
Columbus, OH 43229

EMAIL US

info@power-h2.com

P2H2 Selected for Japan Energy Challenge

P2H2 News

Japan Energy Challenge Selects
Power to Hydrogen for 2020 Cohort

COLUMBUS, Ohio September 9, 2020 – Pioneering hydrogen and energy storage company, Power to Hydrogen was selected to join the 2020 cohort for Japan Energy Challenge, a venture competition that endeavors to connect the most promising energy sector companies with an impressive cadre of Japan’s leading energy companies. The goal is to build relationships that result in collaborations, sales, investment, and other forms of support for helping grow the invited companies in Japan.

Held annually since 2018, Japan Energy Challenge (JEC) is a unique competition where all invited cohort companies have at least one sponsor interested in meeting them specifically. The JEC team works with the invited companies in the months leading up to the event to fully understand their business and products, making the actual meetings very meaningful to exploring future relationships.

All JEC cohort companies will present to an audience of 100+ attendees from the Japanese energy sector. Based on the presentation, JEC sponsors will indicate their willingness to meet with cohort companies and JEC will facilitate this with the intent of developing new engagements which can be presented at the summit in Tokyo in December.

Japan Energy Challenge is sponsored by leading Japanese energy companies including Tokyo Gas, Enechange, Chubu Electric Power, JXTG Nippon Oil & Energy, Looop, Shimz, Panasonic, Hokuriku Electric Power, Tohoku Electric Power, MIRAIT Holdings Corporation, Chugoku Electric Power, Toyota Tsusho, Shikoku Electric Power and Mitsui Sumitomo Insurance.

Upon learning of Power to Hydrogen’s selection, CEO Tad Dritz said “Being selected as a finalist for Japan Energy Challenge is a great honor and great for Power to Hydrogen because it connects us with one of the largest and most progressive energy markets. We look forward to meeting with JEC sponsors and exploring opportunities to pilot Clean Energy Bridge in Japan.”

About Power to Hydrogen

Power to Hydrogen (P2H2) is accelerating the transition to a clean energy future by improving access to and affordability of renewably derived green hydrogen and energy storage. With Clean Energy Bridge™, an efficient and cost-effective reversible fuel cell system, P2H2 generates hydrogen on-site and produces power when needed most, during peak usage and outages.

Head Office

6625 Singletree Dr.,
Columbus, OH 43229

EMAIL US

info@power-h2.com