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Gates Fund Backs HyPro For $1/kg Green Hydrogen

Gates Fund Backs HyPro For $1/kg Green Hydrogen

Felicia Jackson reports on Forbes that Bill Gates’ Breakthrough Energy Ventures has backed HyPro, an innovative hydrogen energy company.

The C3 Take
  • HyPro’s innovative technology produces hydrogen energy by using electricity to split water into hydrogen and oxygen, lowering costs and simplifying the process.
  • HyPro believes that it can produce green hydrogen energy at $1/kg, enabling hydrogen to be used at scale.
  • Private sector investment and innovation are unlocking pathways to cleaner and more efficient energy sources.

“Breakthrough Energy Ventures has backed HyPro in a $22 million round to take the company’s product from lab prototype to the factory floor. HyPro says its revolutionary method for producing green hydrogen is over 95% efficient, safe and cost-competitive with fossil fuel derived hydrogen.”

Read the full article here.

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