02/10/2022

Fibas Tech

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

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

LONDON–(Company WIRE)–A new small business, Refhuel, which will aim on reversible gas mobile technological innovation launches these days.

It is the end result of a license agreement signed involving Refhuel Minimal, a subsidiary of Decama Money Ltd (symbol: DCMA), an Israeli investment organization headquartered in the United kingdom and outlined on the Tel Aviv Inventory Trade and BIRAD, Bar-Ilan University’s study and enhancement firm.

The groundbreaking technological innovation to let reversible fuel cells, which is already in enhancement, has been worked on at Bar-Ilan College in Israel below the management of Professor Lior Elbaz.

Professor Lior Elbaz, the head of the Israel gas-cells consortium, is centered at the Department of Chemistry at Bar Ilan University and is a globally highly regarded gasoline cells skilled.

Refhuel is building a reversible gas-mobile centered on a proprietary hydrogen carrier technological know-how that will empower economical storage and generation of electricity.

The announcement comes as Decama Cash Ltd seems to be to extend and check out new investment prospects, specifically in the renewable electricity sector.

Professor Lior Elbaz, Co-Founder of Refhuel and Associate Professor in Chemistry at Bar-Ilan College, Israel, reported:

“I am truly fired up to have achieved this level. We have passed the proof of notion phase and, in time, the technological innovation has the potential to revolutionize power storage and output. The planet is searching for very affordable, sustainable electricity and this know-how promises to help supply this.”

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

“The signing of the arrangement with Decama Capital subsidiary Refhuel signifies the most up-to-date example of BIRAD’s perform translating the interesting research at our university into a industrial chance. Professor Elbaz’s perform and innovation has the opportunity to alter the way we keep power. It’s an illustration of not only Bar Ilan’s excellence but Israel’s main posture as a tech nation.”

Nate Lorenzi, Co-Founder of Refhuel and CEO of Decama Money Ltd, stated:

“We are delighted to occur jointly with Bar-Ilan University to start Refhuel. Professor Elbaz is a environment top determine and his exploration will have a transformational effect.

Strength source and weather alter are problems experiencing just about every country. As we transfer to renewables, we encounter the trouble of energy storage. The technology we are establishing at refhuel has the possible to be the resolution to this. This Is a landmark celebration for Decama Capital and we look ahead to have a excellent results with Refhuel.”

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NOTES TO EDITORS

Refhuel internet site – www.refhuel.com

Decama Capital Ltd (TASE: DCMA) is a cross-sector Israeli investment decision organization, with major holdings in authentic estate, and an energetic fascination in investing in promptly expanding industries, together with effects investing and renewable electrical power. Founded in 2005, and stated on the Tel Aviv stock exchange, it has an professional group of investment decision experts. Headquartered in London and with places of work in Israel, its expertise lies in its l, strategic and commercially pushed method to investing and navigating intricate deals. Nate Lorenzi has been the CEO because 2018.

BIRAD Investigation & Improvement Corporation Ltd. was recognized in get to translate new inventions manufactured at Bar-Ilan University into useful items that can be correctly commercialized, thus strengthening the economic climate, advertising innovation and improving lives. Bar Ilan University, started in 1955, is Israel’s second major university, with about 19,000 students and about 1,350 associates of tutorial workers.

Professor Lior Elbaz is Affiliate Professor in Chemistry at Bar-Ilan College, Israel. He acquired his PhD in chemical engineering from the Ben-Gurion University, Israel. Throughout his graduate reports, he specialized in electrochemistry and labored on the advancement of catalysts for fuel cells. He was a put up-doctoral fellow at the Los Alamos Nationwide Laboratory in New Mexico (Usa), returning there as Viewing Scientist, 2020-21. Professor Elbaz established the Israeli Gas Cells Consortium in 2016 with the assistance of the Gasoline Choices and Good Mobility Initiative of the Israeli Primary Minister’s Office, and heads it. This is a 12-member labs consortium with illustration from all main universities in Israel. Professor Elbaz is also the Israeli agent to the International Vitality Agency’s Sophisticated Gas Cells Govt Committee, and a member of Israel’s President’s Local weather Discussion board. He his consulting for some of Israel’s biggest vitality organizations, and has been actively endorsing the Hydrogen Financial state.