New Greentech Start-Up, Refhuel, to Develop Reversible Fuel Cell Technology

LONDON–(Firm WIRE)–A brand new small enterprise, Refhuel, which can intention on reversible gasoline cell technological innovation launches today.

It’s the finish results of a license settlement signed involving Refhuel Minimal, a subsidiary of Decama Cash Ltd (image: DCMA), an Israeli funding group headquartered within the Uk and outlined on the Tel Aviv Stock Commerce and BIRAD, Bar-Ilan College’s research and enhancement agency.

The groundbreaking technological innovation to let reversible gasoline cells, which is already in enhancement, has been labored on at Bar-Ilan School in Israel beneath the administration of Professor Lior Elbaz.

Professor Lior Elbaz, the top of the Israel gas-cells consortium, is centered on the Division of Chemistry at Bar Ilan College and is a globally extremely regarded gasoline cells expert.

Refhuel is constructing a reversible gas-mobile centered on a proprietary hydrogen service technological know-how that may empower economical storage and technology of electrical energy.

The announcement comes as Decama Money Ltd appears to be to increase and take a look at new funding prospects, particularly within the renewable electrical energy sector.

Professor Lior Elbaz, Co-Founding father of Refhuel and Affiliate Professor in Chemistry at Bar-Ilan School, Israel, reported:

“I’m really fired as much as have achieved this degree. We have now handed the proof of notion section and, in time, the technological innovation has the potential to revolutionize energy storage and output. The planet is trying to find very inexpensive, sustainable electrical energy and this know-how guarantees to assist provide this.”

Dr. Tsvika Ben Porat, CEO of BIRAD, stated:

“The signing of the association with Decama Capital subsidiary Refhuel signifies essentially the most up-to-date instance of BIRAD’s carry out translating the fascinating analysis at our college right into a industrial likelihood. Professor Elbaz’s carry out and innovation has the chance to change the best way we maintain energy. It’s an illustration of not solely Bar Ilan’s excellence however Israel’s important posture as a tech nation.”

Nate Lorenzi, Co-Founding father of Refhuel and CEO of Decama Cash Ltd, said:

“We’re delighted to happen collectively with Bar-Ilan College to start out Refhuel. Professor Elbaz is a atmosphere high decide and his exploration could have a transformational impact.

Power supply and climate alter are issues experiencing nearly each nation. As we switch to renewables, we encounter the difficulty of power storage. The know-how we’re establishing at refhuel has the attainable to be the decision to this. This Is a landmark celebration for Decama Capital and we stay up for have a glorious outcomes with Refhuel.”

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NOTES TO EDITORS

Refhuel web website – www.refhuel.com

Decama Capital Ltd (TASE: DCMA) is a cross-sector Israeli funding determination group, with main holdings in genuine property, and an lively fascination in investing in promptly increasing industries, along with results investing and renewable electrical energy. Based in 2005, and said on the Tel Aviv inventory trade, it has an skilled group of funding determination consultants. Headquartered in London and with locations of labor in Israel, its experience lies in its l, strategic and commercially pushed methodology to investing and navigating intricate offers. Nate Lorenzi has been the CEO as a result of 2018.

BIRAD Investigation & Enchancment Company Ltd. was acknowledged in get to translate new innovations manufactured at Bar-Ilan College into helpful objects that may be appropriately commercialized, thus strengthening the financial local weather, promoting innovation and enhancing lives. Bar Ilan College, began in 1955, is Israel’s second main college, with about 19,000 college students and about 1,350 associates of educational staff.

Professor Lior Elbaz is Affiliate Professor in Chemistry at Bar-Ilan School, Israel. He acquired his PhD in chemical engineering from the Ben-Gurion College, Israel. All through his graduate studies, he specialised in electrochemistry and labored on the development of catalysts for gasoline cells. He was a put up-doctoral fellow on the Los Alamos Nationwide Laboratory in New Mexico (Usa), returning there as Viewing Scientist, 2020-21. Professor Elbaz established the Israeli Fuel Cells Consortium in 2016 with the help of the Gasoline Selections and Good Mobility Initiative of the Israeli Main Minister’s Workplace, and heads it. It is a 12-member labs consortium with illustration from all important universities in Israel. Professor Elbaz can also be the Israeli agent to the Worldwide Vitality Company’s Refined Fuel Cells Govt Committee, and a member of Israel’s President’s Native climate Dialogue board. He his consulting for a few of Israel’s greatest vitality organizations, and has been actively endorsing the Hydrogen Monetary state.