Cipher Neutron's Green Hydrogen Project at SFU Catalyst for Renewable Energy Research
Key Ideas
- Cipher Neutron and SFU to design and construct 250-kilowatt electrolyser stacks, advancing green hydrogen innovation in academic settings.
- SFU's Clean Hydrogen Hub to deploy state-of-the-art AEM Electrolyser technology to explore next-gen hydrogen production, aiming for cost reduction and scalability.
- Collaboration between Cipher Neutron and SFU expected to drive renewable energy research and foster innovation in the hydrogen sector.
- dynaCERT Inc. supports Cipher Neutron's project, highlighting the significant positive impact on the hydrogen economy and sustainability of energy systems.
dynaCERT's portfolio company, Cipher Neutron, has secured a project with Simon Fraser University (SFU) to design and construct two 250-kilowatt electrolyser stacks, marking a milestone in green hydrogen innovation for academic and research purposes. The project, set to commence in Q4 2024 at SFU's Burnaby campus, aims to propel research in sustainable energy solutions using Cipher Neutron's AEM Electrolyser technology. SFU's Clean Hydrogen Hub will host the project, focusing on developing a one-half megawatt AEM Electrolyser to advance research in hydrogen production using novel technology developed by Ionomr Innovations Inc. This initiative seeks to validate AEM technology at a critical scale for cost-effective green hydrogen production. The collaboration between Cipher Neutron and SFU is expected to drive renewable energy research and promote innovation in the hydrogen sector. Cipher Neutron's President expressed enthusiasm for the partnership, highlighting the company's commitment to green hydrogen solutions. dynaCERT Inc.'s Chairman and CEO praised the project, emphasizing its positive impact on the hydrogen economy and energy sustainability. Moreover, Cipher Neutron granted options to purchase common shares as part of an employee incentive plan. Cipher Neutron focuses on AEM Electrolysers for green hydrogen production and Reversible Fuel Cells for power generation, boasting unique advantages in the market. dynaCERT Inc. manufactures Carbon Emission Reduction Technology and HydraLytica™ Telematics, contributing to the global hydrogen economy and lowering carbon emissions. The collaborative project between Cipher Neutron and SFU represents a significant advancement in green hydrogen technology and research, with the potential to drive substantial positive impacts on energy sustainability.