SunHydrogen Inc (HYSR)

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HyperSolar, Inc. commented on the recent ‘2015 Fuel Cell and Hydrogen Energy Policy Forum’ co-hosted by the Fuel Cell and Hydrogen Energy Association (FCHEA), in cooperation with the House Hydrogen and Fuel Cell Caucus.

According to the FCHEA, the event was held as part of a continuing effort by FCHEA to raise awareness of the benefits of fuel cell and hydrogen technologies to important policy-making audiences, in Washington, D.C. and around the country. Representatives from prominent hydrogen fuel technology developers including Air Liquide, Plug Power, Toyota Motor North America, and Bloom Energy attended the event, as well as the U.S. Department of Energy.

Politicians bullish on the industry drew attention to the importance of investing in hydrogen and fuel cell technologies, citing potential in both commercial and industrial applications, as well as consumer-use, such as fuel cell vehicles. Congressman Charlie Dent (R-PA) said, Continued research and development will lead to greater efficiencies in production and practical applications,” while Congressman John Larson (D-CT) stated, “Fuel cells represent the best of American ingenuity and manufacturing. Along with the continued collaboration with the Department of Energy, this industry will continue to grow and support American jobs.”

The FCHEA has continues to press companies and policy makers to recognize the potential for hydrogen fuel cell adoption, previously commenting on an Executive Order from President Obama that included multiple references to advancing fuel cell technologies for federak sustainability. The agency also recently reported on the development of hydrogen fuel stations in the US, citing projects on both coasts, as well as funding announcements and hydrogen companies and automotive manufacturers around the world.

“Hydrogen fuel technologies that not too long ago represented the future of energy, are rapidly becoming more prevalent in part due to the collaboration of companies in both the public and private sectors, as well as policy makers from both sides of the aisle,” said Tim Young, CEO of HyperSolar.

“As commitment grows for building the infrastructure needed to support such widespread adoption, the need for cost-efficient hydrogen produced at or near the point of distribution becomes paramount. For this reason and others, we are very optimistic regarding our technology as a viable solution to this challenge in all potential applications of use.”