HyperSolar Rallies after Demonstrating Low-Cost Renewable Hydrogen Technology (HYSR)

HyperSolar (OTC: HYSR) staged a respectable rally today, following a demonstration of its low-cost renewable hydrogen technology. HyperSolar opened today’s trading session at $0.04, touched an intraday high of $0.047 shortly after the market opened, and eventually closed today’s trading session at a share price of $0.0375. With this result, HyperSolar’s share price rallied to 17.2%. HyperSolar also accumulated heavy volume today. By the closing bell, HyperSolar traded to a volume of 4.86 million shares, compared to its daily average of 195,206 shares.

Today, July 25, 2012, HyperSolar announced that it has completed an end-to-end laboratory scale demonstration using renewable hydrogen produced from sunlight and water to generate electricity in a fuel cell.

According to the company’s recent press releases, HyperSolar is developing a breakthrough, low-cost technology to make renewable hydrogen using sunlight and any source of water, including seawater and wastewater.

A number of stock newsletters have promoted HyperSolar. For example, BlueWave Advisors promoted HyperSolar and has been compensated $37,500. There are 26 results found on stockpromoters.com regarding the promotion of HyperSolar. As mentioned by @pennystock24 on Twitter, Small Cap Stock Plays, Penny Stock Wizards, along with others, promoted HyperSolar today.

Other notable headlines for HyperSolar include:

  • June 5, 2012: HyperSolar announced the addition of Dr. Syed Mubeen Jawahar Hussaini and Wei Cheng to the company’s technology development team.
  • May 22, 2012: HyperSolar announced that its first proof of concept prototype is successfully producing renewable hydrogen.
  • May 15, 2012: HyperSolar announced that recent development breakthroughs will allow its technology to use most any source of water for the production of renewable and carbon-free hydrogen fuel. By eliminating the need for clean water, the company is able to reduce the cost of renewable hydrogen.
  • On May 1, 2012: HyperSolar announced it had reached a significant milestone in protecting and stabilizing its solar nanoparticles used in the production of renewable hydrogen.

HyperSolar is a company engaged in developing solar concentrator technology to increase the power output of solar cells. Based on micro-photonics, the company is developing a thin and flat solar concentrator that can deliver sunlight onto solar cells. The thin and flat nature of the solar concentrator allows it to be placed as a layer directly on the surface of solar cells in conventional photovoltaic flat panel designs.

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Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.