Israeli green energy firm H2PRO wins Shell's New Energy Challenge
The company uses revolutionary technology, which makes green hydrogen a more viable and renewable fuel alternative to oil and natural gas.
By JERUSALEM POST STAFFGroup photo (L-R) : Prof. Gideon Grader, Avigail Landman , Prof. Avner Rothschild and Dr. Hen Dotan.(photo credit: TECHNION)
Israeli green energy start-up H2PRO took home a top prize at Royal Dutch Shell's annual New Energy Challenge competition.The start-up was the youngest company among the five finalists, and the only one from Israel. The company is based on Technion-Israel Institute of Technology-developed innovative green energy technology to safely, efficiently and inexpensively separate water molecules into their component hydrogen and oxygen.While traditional electrical methods to separate water use a membrane, which makes the process considerably more expensive, H2PRO's technology avoids this membrane entirely, and also increases energy efficiency by 20%-25%.This new efficiency and affordability provided by H2PRO is significant, as it makes green hydrogen a more viable and renewable fuel alternative to oil and natural gas. As a result, it has a greater potential to significantly reduce vehicle emissions.H2PRO has an exclusive license to the technology, and has raised funds from major firms like Hyundai, Sumitomo and Bazan.
