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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.

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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