Published: February 01, 2011
New Technology and Partnership Creates Less Expensive, More Efficient Hydrogen Fuel Cells
CHINO, Calif. - (BUSINESS WIRE) - Bing
Energy, Inc. (BEI), a manufacturer of state-of-the-art components
for polymer
electrolyte membrane fuel cells (PEMFCs), has entered into a
commercialization agreement with Florida
State University that gives the company exclusive use of
revolutionary nanotechnology that will create a new generation of hydrogen
fuel cells that are less expensive, smaller, lighter and more
durable.
The technology, developed by Dr.
Jim P. Zheng, a professor of electrical and computer engineering at
the Florida
A&M University-Florida State University College of Engineering,
will reduce the need for expensive platinum components in hydrogen fuel
cells. Working with a material known as buckypaper
- a form of carbon that is extraordinarily light and that easily
conducts heat or electricity - Dr. Zheng has designed a thin material,
or membrane, that will reduce the amount of platinum required in fuel
cells. Since the membrane is thinner and lighter than current
components, the fuel cell can be smaller and yet still provide the same
amount of power.
Dr. Zheng's technology is based on Dr.
Ben Wang's pioneering research and development of buckypaper.
Dr.
Wang is the assistant vice president for research at Florida State
University.
"What Dr. Zheng has developed is truly the 'better, faster, less
expensive' story applied to fuel cells," said Richard Hennek, vice
president for business development at Bing Energy, Inc. "He has cleverly
utilized the latest in nanotechnology to provide a dramatically better
solution for the PEM fuel cell. Performance improvements of 40-plus
percent, durability improvements of 25 percent and all at a lower cost
make for a compelling story. We at Bing Energy are truly excited to work
with Dr. Zheng and Florida State University to bring this technology to
the marketplace."
Until now, fuel cells have been too expensive for mass production and
use. Dr. Zheng's breakthrough makes the fuel cell viable for mass-market
use for the first time, with the potential to transform both
transportation and distributed power generation.
Bing
Energy, Inc., a manufacturer of state-of-the-art components for
PEMFCs, will begin production in March of 2011 and serve the domestic
and international energy markets.
For Bing Energy, Inc.
Media Contact:
Janelle Pepe, 850-222-1996
or
For
BEI:
Richard Hennek, richh@bingenergyinc.com
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