HPQ Hydrogen Tech Set to Transform Volvo Group’s ARQUUS Tactical and Logistic Vehicles
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HPQ Silicon and its France-based affiliate, Novacium SAS have developed a low carbon, on demand, hydrogen production system that has completely re-imagined hydrogen production. Unlike traditional electrolysis-based hydrogen production systems, Novacium's process operates without the need for electricity, extensive storage and complex transportation infrastructure, making it a truly autonomous solution. WHY IS THIS IMPORTANT? Deloitte Touche Study states that achieving net-zero greenhouse gas emissions by 2050 will require the development of a clean hydrogen market equivalent to 170 million tonnes (MtH2eq) by 2030. However, as of 2021, less than 1 million tonnes (Mt) of hydrogen demand out of a total of 94 Mt came from low-emission sources, with the rest produced from unabated fossil fuels. UNLOCKING HYDROGEN POTENTIAL: A MULTI-PARTY COMMITMENT FOR INNOVATION In a strategic move that promises to reshape the landscape of eco-friendly energy solutions, HPQ Silicon Inc., NOVACIUM SAS and LN INNOV join forces with ARQUUS, to explore the integration of Novacium's revolutionary hydrogen production system into ARQUUS tactical and logistic vehicles. HYDROGEN WITHOUT LIMITS: NOVACIUMS’S GAME-CHANGING TECHNOLOGY As previously stated, Novacium's process doesn't rely on electricity, massive storage, or intricate transportation setups. The system produces hydrogen at industry-standard pressure levels (200 to 1,000 bars), eliminating bottlenecks in the conventional hydrogen production chain. ECO-FRIENDLY ALLOYS: THE KEY TO SAFE AND EFFICIENT HYDROGEN PRODUCTION Novacium's Chief Operating Officer, Mr. Jed Kraiem PhD, emphasizes their approach: "Unlocking hydrogen in water using eco-friendly and low-cost alloys provides a safe and efficient alternative for on-site energy. Our method ensures a low-carbon footprint, catering to the needs of both industrial and military applications." A DUAL-APPLICATION MARVEL: FROM MILITARY TO CIVILIAN USE Designed for military and civilian applications, Novacium's hydrogen production system meets ARQUUS' demand for a low-carbon, on-demand, high-pressure autonomous hydrogen source. Deployable globally, even off-grid, this system prioritizes safety without compromising efficiency. COMMERCIALIZATION MILESTONE: A CATALYST FOR NOVACIUM’S HYDROGEN MANUFACTURING Bernard Tourillon, President and CEO of NOVACIUM SAS and HPQ Silicon Inc., "This multi-party commitment with ARQUUS marks the initial stride in commercializing Novacium's hydrogen manufacturing process. It has the potential to redefine hydrogen's role as a clean and safe on-site energy source in various industrial applications." FRANCE’S HYDROGEN RENAISSANCE: A STRATEGIC MOVE FOR ENERGY SOVEREIGNTY Mrs. Nathalie Mazeau, LN INNOV' CEO, highlights the broader implications of this partnership: "Hydrogen represents an opportunity for France and its armed forces. The energy transition strengthens economic prospects, enhances energy sovereignty, and rejuvenates our Armed Forces' technological capacity." A PIVOTAL MOMENT IN GREEN TECHNOLOGY As Novacium's hydrogen technology aligns with ARQUUS' commitment to innovation, the signing of this multi-party commitment marks a pivotal moment in the commercialization of a revolutionary hydrogen manufacturing process. The future holds promise as these industry leaders embark on a journey to redefine clean energy solutions. Don't miss the exclusive interview with Bernard Tourillon, President and CEO of NOVACIUM SAS and HPQ Silicon Inc.