Andrew Freedman of Axios reports on a green hydrogen startup that has raised $11 million in Series A Funding
- H2U Technologies is a green hydrogen firm based in Chatsworth, California.
- By using a catalyst in the electrolysis process that enhances chemical reactions the startup believes that they have found a way to reduce the cost of green hydrogen.
- This innovation could lead to a more widespread implementation of green hydrogen, which many scientists believe is an important technology for reaching decarbonization.
- Private sector leadership is key to a clean energy future.
“The firm, headquartered in a new, 25,000-square-foot facility in Chatsworth, California, has developed low-cost electrolyzers it hopes will provide the means to produce green hydrogen at a lower cost than competitors.”
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