If you thought graphene was going to be the next do-everything material, we’ve got news for you: Multi-Use Titanium Dioxide (TiO2) has just taken its place. Developed by scientists at Nanyang Technological University in Singapore, this wonder material can do everything you might expect a wonder material to do – and more.

So far, TiO2’s uses include producing clean water, producing clean energy, generate hydrogen, kill bacteria, be formed into flexible solar cells, and even extend the useful lifespan of batteries. What’s more is that the materials used to make TiO2 are cheap and readily available, making its possibilities nearly endless.

TiO2 is made by forming titanium dioxide crystals into nanofibers, then forming those nanofibers into flexible membranes. The scientists who developed the material are hoping that it can help with two of the world’s biggest problems: a lack of clean drinking water and the need for clean, renewable energy. The seriously amazing substance needs some more research and work, but so far it looks to be extremely promising in the race for solving these problems.