Millennium Cell Secures Hydrogen Storage Research Contract

[RenewableEnergyAccess.com] New Jersey-based Millennium Cell has entered into a cooperative research agreement with the U.S. Department of Energy (DOE) as part of the Center of Excellence for Chemical Hydrogen Storage. Total research funding to Millennium Cell will be $3 million over a five-year period. With the receipt of this funding, the Company has begun its collaboration with Pacific Northwest National Lab to develop hydrogen generation systems that meet the DOE’s hydrogen storage efficiency targets. As part of this program, the Company is also working with Los Alamos National Lab, Rohm and Haas and others to evaluate lower cost sodium borohydride manufacturing methods. Millennium Cell’s objective for this program is to develop cost-effective, energy-efficient hydrogen storage systems that will enable longer-term markets for the Company’s technology.
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