SunHydrogen Makes Strategic Investment in NewHydrogen
The investment gives SunHydrogen shareholders an opportunity to participate in the growing market for centralized, industrial-scale clean hydrogen.
CORALVILLE, IA, Oct. 26, 2026 (GLOBE NEWSWIRE) — SunHydrogen, Inc. (OTCQB: HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced it has made a strategic investment in NewHydrogen, Inc. (OTCQB: NEWH), the developer of ThermoLoop®, a thermochemical technology that uses water and heat to produce industrial-scale clean hydrogen.
The Technologies Are Complementary
SunHydrogen and NewHydrogen both use water as the feedstock for hydrogen. SunHydrogen uses solar energy to split water into hydrogen and oxygen, while NewHydrogen uses thermal (heat) energy.
The two technologies address distinct segments of the hydrogen market. Large industrial users, such as refineries, ammonia plants and steel mills, need large volumes of hydrogen delivered continuously to a single site. Today, most hydrogen for large industrial users is produced at centralized plants from natural gas through steam methane reforming, a process that releases pollutive emissions. These users will continue to need hydrogen at massive scale, and decarbonizing them requires a clean way to produce it centrally. NewHydrogen is developing ThermoLoop® for the centralized market, producing hydrogen from high temperature heat such as heat from power plants and future small modular reactors.
Alternatively, many hydrogen users can benefit from production at or near the point of use, particularly where transportation costs, delivery logistics or limited infrastructure present challenges. SunHydrogen’s modular hydrogen panels use sunlight and water to produce renewable hydrogen on site while minimizing the hydrogen transportation costs and associated emissions. Potential applications include hydrogen fueling stations, warehouses and distribution centers operating fuel cell forklifts, backup power for data centers, agricultural operations and other industrial facilities far from hydrogen pipelines or the grid.
SunHydrogen and NewHydrogen’s technologies also share a common principle: efficiency. In conventional green hydrogen production, energy is first converted into electricity before an electrolyzer splits water into hydrogen and oxygen (electrolysis), losing energy at each step. SunHydrogen uses sunlight directly to split water. NewHydrogen uses heat to split water (thermochemical water splitting). Both aim to lower the cost of clean hydrogen by reducing those conversion losses.
Expanded Market Opportunity for SunHydrogen Shareholders
SunHydrogen President and CEO Tim Young, said:
While North America can currently rely on its abundant natural gas to produce hydrogen, many regions of the world, including much of Europe and Asia, depend on imported natural gas,
“Those regions can uniquely benefit from using water, which is available almost everywhere, to produce clean hydrogen at industrial scale and at the point of use, and reduce their dependence on imported energy. This strategic investment expands SunHydrogen shareholders’ participation into the centralized side of that market, which complements our focus on distributed production.”
Mr. Young continued,
It also establishes a working relationship between two companies pursuing the same goal by different routes,
“With our 19.9% ownership position and the right to purchase additional shares, we intend to be a long-term shareholder of NewHydrogen. Both technologies are still in development and each must achieve key technical and commercial milestones, but both teams have made meaningful progress. We look forward to working with NewHydrogen as it advances ThermoLoop®.”
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SunHydrogen Makes Strategic Investment in NewHydrogen, source
