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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Post by Oden6570on Dec 11, 2020 5:47am
376 Views
Post# 32086470

Toyota bets on a hydrogen future !!!

Toyota bets on a hydrogen future !!!

Toyota bets on a hydrogen future

New fuel-cell car is more aerodynamic with 30% increase in range

Toyota Motor Corp. unveiled a sleeker and longer-travelling version of Mirai, its hydrogenpowered car, but what it’s targeting isn’t sales. The automaker sees the futuristic vehicle as a bridge to a difficult-to-realize future society that runs on hydrogen.

Toyota’s release of the world’s first mass-produced hydrogen fuel-cell vehicle (FCV) in 2014 was a leap in technology — the Mirai takes in hydrogen gas, charges in under five minutes and travels as far as a gasoline car while only emitting water vapour. Yet over the past six years, only about 11,000 of the cars have been sold in a market growing increasingly crowded with battery-electric vehicles.

The second-generation Mirai quells many of the issues of its predecessor. Toyota increased the car’s range by 30 per cent to 850 kilometres per charge by adding a third fuel tank below the vehicle floor. The aerodynamically improved car is visually more appealing, and comes at a still pricey, but lower, starting price of $86,000 (U.S.). Toyota has said it’s aiming for a tenfold increase in the number of Mirai on the road with its second-generation.

Even so, given the slow uptake and lack of hydrogen refuelling stations in Japan, the question is why Toyota keeps pushing forward with the technology.

“We don’t think it’s important to focus on sales. We have a larger target that is contributing to the realization of a carbon-neutral society,” Masahiko Maeda, Toyota’s chief technology officer, said at a briefing Wednesday.

Hydrogen has been touted by some as the key that will enable countries to decarbonize some of the most polluting segments of their economies such as refining, heating and transportation, where the fuel can be used to replace gas and diesel. Hydrogen itself carries three times

as much energy per unit weight as petrol. And it can be produced anywhere with electricity and water — potentially releasing no carbon emissions in the process if the electricity is generated using renewable energy.

But the shift will be extraordinarily expensive. Bloomberg New Energy Finance estimates that generating enough hydrogen to meet a quarter of the world’s energy needs would require an investment of $11 trillion US in production, storage and transport infrastructure. This price tag creates a chickenand-egg situation where suppliers of infrastructure such as

charging stations and the fuel itself are reluctant to invest in scaling up operations enough to bring costs down. In turn, consumers and companies are unwilling to commit to hydrogenfuelled products because of the cost and lack of infrastructure.

In the transport sector, this dilemma manifests most directly in the lack of hydrogen fuelling stations. Operators are hesitant to invest in new stations as a growing number of auto majors such as MercedesBenz AG, Ford Motor Co. and General Motors Co., pivot away from FCVs. Last year, there were only 432 largely publicly funded hydrogen refuelling sta

tions operating globally, which poses a problem for Toyota as it invests heavily in developing fuel-cell systems for trucks, buses and commercial vehicles.

Toyota’s goal when it comes to the second-generation Mirai “is to be that first step toward widespread adoption” by encouraging demand for hydrogen production and charging stations, according to Toyota’s Maeda.

“In the bigger story of reaching a carbon neutral society, we are just trying to spread a product, or in other words a tool, that makes it easier for as many people as possible to use hydrogen in their daily lives,” he said.


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