www.marketwatch.com/
April 22, 2010
eHydrogen Solutions, Inc. (eHS) announced today the expansion of its Combined Heat & Power (CHP) development projects for residential, commercial and industrial use. The CHP systems design scope now includes the optional addition of a Stirling Engine for efficient electrical energy production or refrigeration capability.
Through the integration of the very high energy content of hydrogen with the high efficiency of Stirling Engine technologies as the power generation module of its CHP systems, eHS significantly increases the efficiencies, production capabilities and power output, with virtually no CO2 or other emissions.
Unlike internal combustion engines where combustion takes place inside the cylinder at low efficiencies, Stirling Engines are external combustion engines operating at high efficiencies. The utilisation of eHS' proprietary On Demand Hydrogen Production (ODHP) technologies as the heat source of a Stirling Engine powered CHP system, increases the overall effectiveness of the CHP system and broaden the developmental scope of the project. The systems will produce both electrical and thermal energy, making this appliance suitable for both the domestic and SME markets.
Stirling Engine technologies are noted for their high efficiency, quiet operation, and the ease with which it can use almost any heat source. This compatibility with alternative and renewable energy sources has become increasingly significant as the price of conventional fuels rises, and also in light of concerns such as peak oil and climate change. This has important implications, since hydrogen can be economically produced on-site and does not need to be transported. The Company recently announced it had increased its focus and resources to the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis.
The Company's recent acquisition of key On Demand Hydrogen Production (ODHP) technologies (such as: Photoelectrolysis and artificial Photosynthesis, water and reactive metal alloys) enabled the company to expand its operations to the critical Technology Development & Demonstration phase of the Innovative Cycle, which includes Prototype, Demonstration and Market Analysis. The Company has assembled experienced cross-functional teams to guide each innovation acquisition, technological adaptation and system integration through the required steps to successful commercialisation.
The operational and strategic expansion will be accompanied by new marketing and corporate branding initiatives supported by an upgraded website reflecting the Company's core holdings and technologies. Shareholders can expect frequent updates on the company's expansion and new operations. The Company believes its acquisition and growth-oriented business plan will provide stockholders with consistent equity growth and access to the multi-billion dollar alternative energy industry through its licensing and distribution of hydrogen-powered energy systems and solutions.
The Company continues to develop and license a variety of technologies and power systems founded on its core ODHP holdings and will make further announcements on the progress of each of these new initiatives as the various technologies are integrated into its development and partnership programs.
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