Amrith Ramkumar of The Wall Street Journal writes about Electric Hydrogen, which has raised $1 billion.
- Splitting water molecules with renewable power to produce carbon-free hydrogen is an expensive process that has hamstrung green hydrogen startups.
- Electric Hydrogen believes that it has found a way to lower the cost of hydrogen production with its novel electrolyzer’s that uses metal coated membranes to split water molecules.
- The company is opening its first large electrolyzer factory in 2024 next to a fusion startup and battery recycling company.
Read the full article here.