Australia's Siltrax Receives $7 Million Investment for Silicon-based Hydrogen Fuel Cell Technology
Key Ideas
  • Siltrax, a Sydney-based hydrogen fuel cell developer, receives a $7 million investment from the Clean Energy Finance Corporation to support the development of innovative hydrogen fuel cell technology using silicon-based bipolar plates.
  • The use of silicon in bipolar plates allows for lighter, more efficient fuel cells and leverages existing solar cell supply chains, potentially reducing costs, improving power density, and enhancing corrosion resistance.
  • The technology has applications in heavy-duty, long-haul trucking and stationary power generation sectors, contributing to the advancement of the hydrogen value chain and Australia's hydrogen industry development.
  • The investment will be managed by Virescent Ventures to support Siltrax in building its research and development team for fuel cell systems engineering and local commercialization opportunities.
Siltrax, a start-up in Sydney, Australia, has secured a significant investment of AUD10.4 million ($7 million) from the Clean Energy Finance Corporation (CEFC) to advance its innovative hydrogen fuel cell technology. The company's approach involves using silicon-based bipolar plates instead of traditional materials like graphite or metals, leading to the production of thinner, more efficient plates. By tapping into the solar industry's supply chain for raw materials and production equipment, Siltrax aims to benefit from cost reductions and improved power density. This investment, overseen by Virescent Ventures, will enable Siltrax to expand its research and development team, focusing on fuel cell systems engineering and local commercial opportunities. The technology developed by Siltrax shows promise in sectors such as heavy-duty trucking and stationary power generation, offering a cleaner alternative for electricity generation without combustion. This aligns with efforts to reduce emissions, as highlighted in a CEFC-commissioned study on the potential of green hydrogen in various industries. The use of silicon manufacturing techniques optimized in the solar industry not only enhances efficiency but also contributes to cost reduction and corrosion resistance. Sara Leong, the CEFC Chief Asset Management Officer, emphasized the importance of advancing hydrogen fuel cell technology to drive the growth of Australia's hydrogen industry and value chain. With the ongoing cost reduction and infrastructure improvements, hydrogen fuel cell-powered trucks are positioned to become a cost-effective and environmentally friendly choice in the long run.
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