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Electric Hydrogen Secures $198M in Financing to Decarbonize Global Industries With Fossil-Free Hydrogen

Electric Hydrogen, on BusinessWire, reports that they have secured $198 million in financing.

The C3 Take
  • 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.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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