Electric Hydrogen, on BusinessWire, reports that they have secured $198 million in financing.
- 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.
“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.”
Read the full article here.
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