During Nicks presentation, he mentioned their closest peer as SunHydrogen which is in the US. Their technology appears quite different in that each of their 2 metre square modular panels acts like a PV solar panel, has water fed through it and acts like a hydrogen/oxygen separator so essentially their IP is contained within each panel.
We, Sparc, have mirrors, rather than PV water-fed reactor panels, which concentrate the direct sunlight onto a single reactor which takes in the water and separates the hydrogen and oxygen.
Two quite different approaches - my gut feel is that the better option is to have to IP reactor technology in a single "box" rather than separated as does SunHydrogen.
Does anyone have a view on this ? I would love to consider the pros and cons of both.
They appear to be at a similar stage of "concept proofing" as ourselves yet they are cap'd at $USD120 M versus our $AUD21 M
SPN Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)