HyGen cover feature

HyGen

Clean Renewable Hydrogen for Fuel Cell Electric Vehicles
$874,915 Raised
Ended December 31st
679 Investors

HyGen Industries is a California company organized to produce and distribute clean renewable hydrogen fuel in partnership with station owners. In 2018, HyGen will deploy the latest generation hydrogen production systems at locations throughout California. Only clean renewable energy is used by our process without the need for new pipelines or infrastructure. Our requirements are basic; renewable electricity and water. All gas stations in operation today meet these criteria. Welcome to a Cleaner Future!

Major automobile manufacturers are selling hydrogen fuel cell electric vehicles today and countries are building hydrogen fuel networks around the world. Vehicles need fuel like people need food. It is a commodity that will always be required and always in demand. As FCEVs become mainstream, capital will flow into expanding hydrogen infrastructure. Hydrogen is set to be the next “Big Oil” but without destroying our planet.

HyGen offers the first pure-play investment opportunity in clean renewable hydrogen

Our mission is simple: install and operate hydrogen generating equipment at existing gas stations, giving the station owner a royalty percentage on hydrogen sales.


Clean Renewable Hydrogen: Creating renewable hydrogen requires electrolysis equipment, a compressor, and storage tanks. The basic infrastructure (water & electricity) is universally available.

Committed to Hydrogen


Mainstream Hydrogen Fuel Cell Electric Vehicle (FCEV) adoption only needs more hydrogen fueling pumps. Momentum is unstoppable. Some of the world’s largest companies are investing in hydrogen today.

  • Toyota, Honda, Hyundai, and others are selling Hydrogen Fuel Cell Electric Vehicles now.
  • In 2018, 4.5% of vehicles sold in California must be zero-emission. By 2025, the number increases to 22%(1).
  • BMW, Toyota, Honda, Hyundai, Shell, and others have formed The Hydrogen Council. The Group will invest $10.5 billion into hydrogen infrastructure and fuel cells over the next 5 years(2).
  • HyGen received a $5.3 million grant from the California Energy Commission (CEC) to build our first stations, which will open this year(3).

Zero-emission from Well-to-Wheels


Today, most hydrogen comes from natural gas reformation. HyGen is different. We manufacture hydrogen using renewable electricity to split water via electrolysis. Oxygen is released into the air and hydrogen is sold as transportation fuel. In FCEVs, the stored hydrogen bonds with atmospheric oxygen to produce electricity. The only emission is water vapor. Through this process, we guarantee a zero-emission fuel cycle from start to finish.

Hydrogen fuel cell electric vehicles (FCEVs) are powered by electric motors, like battery electric vehicles (BEV). Instead of a battery, fuel cell vehicles produce electricity on-the-fly by a chemical process. 

The FCEV user-experience is the same as a regular gasoline car. The only difference is silent, zero-pollution motoring.


Compressed hydrogen is stored on board the vehicle in ultra-safe carbon fiber tanks. Hydrogen is fed into a “stack” of fuel cells, consisting of an anode (-) and cathode (+) separated by an electrolyte and exposed to atmospheric oxygen. The anode causes the release of hydrogen electrons that travel towards the positive cathode to create an electric current. Hydrogen ions, missing an electron, are directed to the cathode via an alternate route where they regain electrons, combining with oxygen to become water molecules.

Hydrogen is sold by the kilogram. A single kilogram of hydrogen has the same energy content as an entire gallon (3.2 kg) of gasoline(4). In addition, today's FCEVs are already three times more efficient than internal combustion engine (ICE) vehicles and twice that of hybrids. FCEV technology is advancing rapidly; expect the lead in efficiency to keep expanding.

Hydrogen fuel cell electric vehicles are available now from great companies like Toyota, Honda, Hyundai and others. Most manufacturers have FCEVs in the pipeline. In 2018, 4.5% of new vehicles sold in California must be zero-emission.


HyGen has a premium product with zero pollution and no carbon footprint. The company stands to gain a strong foothold in the market with 43,000 hydrogen-powered vehicles expected to be on the road by 2022.

Thirteen leading energy, transportation, and industrial gas companies launched the Hydrogen Council, a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. 


Toyota, BMW, Honda, Hyundai, Shell, Total, Linde, Air Liquide & others announced $10B investment in hydrogen infrastructure and fuel cells over next 5 years(5).

Metro Los Angeles already has a viable hydrogen station network


HyGen is adding to this nascent infrastructure, enabling more people to make the switch away from polluting fossil fuels. All HyGen fuel is 100% carbon-free and renewable.

European Environment Agency (EEA): “Air pollution is single largest environmental health hazard in Europe." - nearly half a million premature deaths linked to European air pollution.

Battery and fuel cell electric vehicles deliver an immediate benefit to local air quality. While it’s true that electricity (for battery cars) and hydrogen can be made from fossil fuels, both can also come from renewable sources. An all-electric fleet has a clear path to carbon-free transportation by simply increasing the percentage of renewables. You can’t do this with internal combustion vehicles.

HyGen intends to become the clean renewable hydrogen leader. Renewable energy is intermittent. Wind and solar companies often generate more power than they can sell to the grid. Storage of this excess electricity has not been feasible at scale. HyGen takes that excess energy, stores it as hydrogen, and adds value, selling the stored energy (hydrogen) as a transportation fuel.


In HyGen’s model, renewable energy companies will be able to sell all their excess energy to power cars. Marginal renewable energy projects become viable, increasing the renewable portfolio.

HyGen’s goal is to provide our customers with both distributed and centrally-generated hydrogen for a well-to-wheels pollution free fuel. Electrolytic hydrogen costs are closely tied to renewable electricity markets. Retail hydrogen prices are already comparable with gasoline. However, as station numbers expand, bulk renewable purchasing power increases. Power Purchasing Agreements (PPAs) lock-in rates for decades. This is a distinct advantage over volatile oil markets and wildly fluctuating gasoline prices. Hydrogen is an important step towards energy independence. Now is the time to create a zero-emission future. Fuel the Next Gen. Invest in HyGen today!

• Opportunity to become leader in replacing fossil fuel for transportation

• Only two ZEV types - battery electric (BEV) and hydrogen fuel cell electric (FCEV)

• When FCEV numbers are established, hydrogen sales are guaranteed

SEC DISCLAIMER


AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. YOU MAY OBTAIN A COPY OF THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT FROM: http://bit.ly/2G7BHdg. YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.


THESE MATERIALS MAY CONTAIN FORWARD LOOKING STATEMENTS AND PROJECTIONS RELATING TO THE POTENTIAL FUTURE OPERATING RESULTS OR FINANCIAL CONDITION OF THE COMPANY.  PLEASE BE ADVISED THAT THE COMPANY'S ACTUAL FINANCIAL CONDITION, OPERATING RESULTS AND BUSINESS PERFORMANCE MAY DIFFER MATERIALLY FROM THOSE PROJECTED OR FROM THOSE WHICH MAY BE INFERRED BY ANY FORWARD LOOKING STATEMENTS, FORECASTS OR HISTORICAL INFORMATION.  THERE IS NO ASSURANCE THAT THE COMPANY WILL ACHIEVE THE FINANCIAL RESULTS INDICATED IN THE FORWARD LOOKING STATEMENTS OR IN HISTORICAL INFORMATION.  THERE IS NO ASSURANCE THAT THE COMPANY WILL BE PROFITABLE, THAT IT WILL EARN REVENUE OR THAT INVESTORS WILL RECEIVE A RETURN OF THEIR CAPITAL OR ANY CASH DISTRIBUTIONS.  ANY PROJECTIONS OR FORWARD LOOKING STATEMENTS ARE ESTIMATES ONLY BASED ON ASSUMPTIONS WHICH MAY PROVE TO BE INCORRECT.  SEE "RISK FACTORS" IN THE OFFERING CIRCULAR.

THIS SUMMARY IS NOT AN OFFER TO SELL NOR A SOLICITATION TO BUY ANY SECURITY OF THE COMPANY. ANY OFFER TO SELL OR SOLICITATION TO PURCHASE A SECURITY MAY ONLY BE MADE BY THE COMPLETE OFFERING CIRCULAR FOR THE COMPANY, DATED MARCH 22, 2017.  PLEASE REVIEW THE COMPLETE OFFERING CIRCULAR, AND IN PARTICULAR THE RISK FACTORS IN THE OFFERING CIRCULAR, BEFORE MAKING AN INVESTMENT DECISION.

Sources:

(1) http://www.ucsusa.org/clean-vehicles/california-and-western-states/what-is-zev#.WPZGI4jyvD4
(2) http://www.renewableenergyfocus.com/view/45310/hydrogen-council-launched-in-davos-as-13-major-companies-join-to-promote-hydrogen/
(3) http://www.energy.ca.gov/business_meetings/2014_packets/2014-07-22/Item_04g_ARV-14-011_HyGen_Industries_LLC.pdf
(4) https://www.hydrogen.energy.gov/permitting/pdfs/43061.pdf
(5) https://sg.finance.yahoo.com/news/strategy-analytics-high-cost-lack-172600106.html

key factors for success:

https://www.arb.ca.gov/msprog/zevprog/ab8/ab8_report_2016.pdffor

http://www.esbtrib.com/2015/02/27/6511/toyota-unveils-hydrogen-powered-electric-car-toyota-mirai-that-charges-in-just-180-seconds/

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