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Artificial petrol that costs 19p per litre could be on forecourts in as little as three years. British scientists are refining the recipe for a hydrogen-based fuel that will run in existing cars and engines at the fraction of the cost of conventional petrol. With hydrogen at its heart rather than carbon, it will not produce any harmful emissions when burnt, making it better for the environment, as well as easier on the wallet. Read more:
Cella Energy Limited has received a new round of financing led by a $1 million investment by Space Florida. These funds are part of a larger $2.5m equity raise by international investors that will support the development of four proof-of-concept projects for Cella’s new safe, low-cost hydrogen storage technologies. The funds will also be used to expand operations and provide employment opportunities, both in the UK and in Florida.
Cella plans to develop its safe, low-cost hydrogen storage
materials both at the UK Governments’ prestigious Science and
Technology Facilities Council’s (STFC’s) Rutherford Appleton
Laboratory near Oxford, UK and in a new facility at the NASA
Kennedy Space Center (KSC) in Florida, USA.