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Green Swan Partners and sHYp, BV announce agreement on Hydrogen Venture
Green Swan Partners LLC, a Pittsburgh, PA, based venture builder and sHYp BV PBC a Baltimore, MD based Hydrogen (H2) technology startup, announced a joint business development agreement as a precursor to a formal joint venture.
sHYp’s unique membrane-less electrolyzer produces hydrogen from seawater or brine. Unlike other electrolyzers, desalination is not required. Further, it does not utilize a membrane, can be 3D printed, and is designed for modular generation at the point of use. This reduces Capex and Opex costs and the need for complex distribution pipelines when compared to traditional electrolyzer technology. The electrolyzer can be located at ports, offshore to harness surplus electricity generated by wind, solar, and wave farms, and in the future, on-board vessels.
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