![Victory Clean Energy Enters into Agreement to Acquire Innovative Low-Cost Green Hydrogen Production Technology from Proton Power 1 2024 07 19 08 12 17 1 e1721395665601](https://img.fuelcellsworks.com/wp-content/uploads/2024/07/2024-07-19_08-12-17-1-e1721395665601.png)
Victory Clean Energy Enters into Agreement to Acquire Innovative Low-Cost Green Hydrogen Production Technology from Proton Power
July 19, 2024 | 6 min read July 19, 2024 | 6 min readAUSTIN, TX– Victory Clean Energy (OTC:VYEY) (“Victory” or the “Company”), a leading innovator in the green hydrogen energy sector, announced today it has entered into a binding term sheet to acquire the intellectual property and exclusive rights to use the Cellulose to Hydrogen Power (“CHyP Engine”) system for hydrogen power from Proton Power, a technology leader in renewable energy systems designed for producing inexpensive hydrogen on demand from biomass and waste sources.