Electric Hydrogen, on BusinessWire, reports that they have secured $198 million in financing.
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- Electric Hydrogen is looking to decarbonize the industrial sector with clean hydrogen.
- The company’s electrolysis process is uniquely designed to produce high-volume, low-cost clean hydrogen.
- The latest funding round was led by Fifth Wall Climate Tech with help from the Amazon Climate Pledge Fund, Mitsubishi Heavy Industries, Honeywell, and more.
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“The funding will support the scale-up of EH2’s high throughput electrolyzer technology and the manufacturing and deployment of demonstration projects to produce fossil-free hydrogen (also known as ‘green hydrogen’) at large scale for industrial and infrastructure applications.”
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