Victory Clean Energy acquires Proton Power's CHyP Engine system for hydrogen power, addressing cost, distribution, and storage challenges.
Victory Clean Energy has entered into a binding term sheet to acquire intellectual property and rights to use Proton Power's CHyP Engine system for hydrogen power. The CHyP engine addresses major green hydrogen economy issues: 1) cost (50% lower than electrolysis production facilities), 2) distribution, and 3) storage. The modular system allows for scaling hydrogen production adjacent to demand, reducing costs.
July 19, 2024
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