Israeli company QD-SOL has quite a few things going for it. Not only is it working to produce completely green hydrogen – the renewable energy’s sector game-changing card and biggest buzzword – but it is also backed by none other than Hollywood star and sustainability entrepreneur Ashton Kutcher.
At the moment, one way to produce green hydrogen in a non-polluting way is by electrolysis — directing electricity generated by solar or wind power to a system that isolates hydrogen from water.
The company’s solution puts the whole process inside a solar panel, generating hydrogen directly from sunlight using nanoparticles that catalyze the separation of hydrogen from oxygen in water molecules. This is accomplished without emitting carbon dioxide.
The technology behind QD-SOL is based on years of research by Prof. Lilac Amirav from the Technion – Israel Institute of Technology, who’s now the chief scientific officer and one of the cofounders of the company.
The company, established at the end of 2021, is comprised of 14 employees. It raised nearly $4 million in a seed round and is looking to begin its Round A of funding to raise $10 million.
The company won an award in May at a clean-tech competition held in Morocco.
Tags: Green Hydrogen, Israel, QD-SOL
Recent Posts
Vedanta Aluminium signs pact with GAIL for supply of natural gas
HMM introduces South Korea’s first LNG-powered vessels
NGEL inks pact with NREDCAP in Andhra for RE projects
Global warming won’t end if net zero is redefined
The Liberian Registry and Korean Register (KR) grant AiP to Samsung
To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel
ISO issues standards for methanol as a marine fuel
Amazon, partners to test electric trucks on a freight corridor in India