Innovative silicon solutions provider HPQ Silicon Resources Inc.
(“HPQ” or the “Company”) (TSX-V: HPQ; FWB: UGE; Other OTC :HPQFF),
is proud to announce that it has received the TREKHY® system, a
portable hydrogen-based mini-power generator, jointly developed by
the French companies Apollon Solar SAS (“Apollon”) and Pragma
Industries SAS (“Pragma”). While continuing to work with Apollon on
the development of new generations of more efficient silicon
powders for hydrogen production, HPQ signed a Memorandum of
Understanding with Apollon and Pragma to study the commercial
potential of the
TREKHY® autonomous power
generator in Canada.
The portable hydrogen-based power
generator, a revolutionary productThe TREKHY® provides
energy on demand. The system uses a compact fuel cell to provide
electrical power. The integrated fuel cell combines hydrogen and
oxygen to provide useful electricity + H2O. Hydrogen is produced
through a chemical reaction resulting from contact between water
and a powder bag. Each bag delivers 30W of power for more than one
hour. (Video of the system in operation). In January 2021, a
Japanese distributor purchased 300 TREKHY® systems to equip the
survival shelters of the Japanese Civil Security.
“In addition to continuing our research,
development and commercialization of advanced nanoscale silicon
materials, HPQ continues to look for synergistic opportunities in
order to remain at the forefront of innovative processes for the
storage and delivery of clean renewable energy. This new
collaboration with Apollon and Pragma represents another unique
opportunity to combine the expertise of HPQ in the low-cost
manufacturing of silicon nanomaterials, Apollon in the
manufacturing of hydrogen reactors, and Pragma in the manufacturing
of fuel cells,” said Bernard Tourillon, Chairman and CEO of HPQ
Silicon Resources Inc.
Autonomous energy storage and generation
capacity superior to batteries The energy autonomy of
TREKHY® depends on the number of bags used. This option
significantly reduces weight and operating costs, as compared to
batteries. The table below compares the weights and costs of
delivered energy between:
-
Li-ion primary batteries,
-
Li-ion rechargeable batteries,
-
Zn-Air primary battery,
-
TREKHY® with 150, 300, 450, 600 powder bags.
TREKHY®, with its revolutionary fuel cell and
powder technology, offers unmatched performance.
A superior clean renewable hydrogen
production thanks to siliconThe current cost of
manufacturing silicon nanopowders is very high and it has led
Apollon and Pragma to use a less efficient, but more economical,
environmentally friendly chemical powder to begin the
commercialization of their system. However, the use of silicon
nanopowders manufactured by HPQ's PUREVAPTM Nano Silicon Reactor
could increase the hydrogen generation potential of the system by
40%, while the use of porous silicon nanopowders could double the
amount of hydrogen released by the system.
HPQ and Apollon are currently working to compare
the technical and commercial potential of nanoscale and porous
silicon materials to create new generations of environmentally
friendly powders with better performance for hydrogen
production.
“HPQ’s Silicon R&D Consortium has the depth
and flexibility to meet the challenges, as we strive to produce
products for renewable energy storage participants and electric
vehicle manufacturers, each of which is searching for
cost-effective ways to increase the Silicon content of their
batteries. Silicon’s potential to meet energy storage demands is
undeniable, generating massive investments, and serious industry
interest. We are very confident that the Silicon materials we are
producing, with our expected low-cost scalable processes, will be
in high demand for batteries, and by EV manufacturers and other
participants in the ongoing renewable energy revolution,” added
Bernard Tourillon.
About HPQ Silicon ResourcesHPQ
Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based company
that offers innovative silicon (Si)-based solutions and is
developing a unique portfolio of high value-added silicon (Si)
products sought after by battery and electric vehicle
manufacturers.
Silicon (Si), also known as silicon metal, is
one of today’s key strategic materials needed for the
decarbonization of the economy and the Renewable Energy Revolution
(“RER”). However, silicon does not exist in its pure state and must
be extracted from quartz (SiO2) in what has historically been a
capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR), a
high-tech company that designs, develops, manufactures and
commercializes plasma - based processes, HPQ is developing the
PUREVAPTM “Quartz
Reduction Reactors” (QRR), an innovative process (patent
pending), which will permit the one-step transformation of quartz
(SiO2) into high purity silicon (Si) at reduced costs, energy
input, and carbon footprint that will propagate its considerable
renewable energy potential. Through its 100% owned
subsidiary, HPQ NANO Silicon Powders Inc., the
PUREVAPTM Nano Silicon
Reactor (NSiR) is a new proprietary
process that can use different purities of silicon (Si) as
feedstock, to make a wide range of nano/micro spherical powders of
different sizes and nanowires.
HPQ is also working with industry leader
Apollon Solar of France to
develop the capability to produce commercially porous silicon (Si)
wafers and porous silicon (Si) powders, and to develop the hydrogen
generation potential of Silicon nanopowders for use with the
GennaoTM system and Commercialize, exclusively in Canada, and
non-exclusive in the U.S.A., the GennaoTM H2 system and the
chemical powders required for the hydrolysis production of hydrogen
("H2"). For more information, please visit HPQ Silicon web
site.
Disclaimers:
The Corporation’s interest in developing the
PUREVAP™ QRR and any projected capital or operating cost savings
associated with its development should not be construed as being
related to the establishing the economic viability or technical
feasibility of any of the Company’s Quartz Projects.
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Company's current
expectation and assumptions and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's ongoing filings with the security’s
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. This News Release is
available on the company's CEO Verified Discussion Forum, a
moderated social media platform that enables civilized discussion
and Q&A between Management and Shareholders.
Source: HPQ Silicon Resources Inc.
For further information
contact: Bernard J. Tourillon, Chairman, President and CEO
Tel +1 (514) 907-1011Patrick Levasseur, Vice-President and COO Tel:
+1 (514) 262-9239Email: Info@hpqsilicon.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/38561e58-4471-44ad-9bb8-a801d6e8c0ef
https://www.globenewswire.com/NewsRoom/AttachmentNg/8d629b77-339b-476f-b6f5-830e0364d19c
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