W2 Energy purchases two solar electrolysis patent applications

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W2 Energy purchases two solar electrolysis patent applications

Greentech Lead America: W2 Energy, a developer of
renewable energy technologies, has purchased two patent applications from
Thomas W. Oakes, CEO of Solar Hydrogen Energy Company.

These two patent applications represent significant
technological achievements in the production of hydrogen from renewable
sources.

“We decided to purchase these patents because this
technology allows for considerable amounts of innovations in the renewable
energy space. A special emphasis will be placed on producing less expensive
hydrogen for the vehicle and industrial markets. Additionally, we also plan to
use this technology to create all-in-one solar power production and
storage,” said Mike Mclaren, president and CEO of W2 Energy.

The central technology uses water-filled glass containers
to concentrate the power of the sun while acting as a source for the water,
which then gets split into hydrogen and oxygen. When hydrogen recombines with
oxygen through combustion or is used in a fuel cell, it releases enormous
amounts of heat and/or electricity and leaves water or steam as a byproduct. Because
of this, hydrogen has long time been considered an ideal renewable energy fuel.

Under controlled conditions the SunRay H2 consistently
converted 12.4 percent of available solar energy into hydrogen which is
considered to be an astonishingly high percentage.

W2 Energy initiates $4,000,000 agreement with WH2 of
Luxembourg

Recently, W2 Energy initiated its agreement with its
joint venture partner WH2 of Luxembourg for manufacturing, sales and
distribution of W2 Energy’s line of products. The value of the agreement is
$4,000,000.

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