LIGHT POWERED CATALYST MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In June 2024, New Catalyst, a pioneering research and development organization, announced a groundbreaking advancement in the field of green hydrogen production. The organization unveiled a new catalyst that harnesses the hidden power of water, significantly enhancing the efficiency and feasibility of generating hydrogen through electrolysis.
• In January 2024, a collaborative team from the Universitat Politècnica de Catalunya (UPC) and the Catalan Institute of Nanoscience and Nanotechnology (ICN2) unveiled a groundbreaking photocatalyst that demonstrates exceptional efficiency and stability in producing hydrogen directly from sunlight. This advancement represents a significant step forward in the quest for sustainable energy solutions.
• In 2021, researchers from IIT Mandi and IIT Delhi made significant strides in the field of renewable energy by developing a novel catalyst designed for the solar-powered production of green hydrogen. This breakthrough has the potential to enhance the efficiency and viability of hydrogen production, contributing to the global shift towards sustainable energy sources.