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Start-ups
Electric Hydrogen raises $198 million for hydrogen electrolysis
by Craig Bettenhausen
June 30, 2022
| A version of this story appeared in
Volume 100, Issue 24
The green hydrogen start-up Electric Hydrogen has raised $198 million in series B funding from Amazon, Equinor, Honeywell, Mitsubishi Heavy Industries, and other investors. The firm says it will use the money to build demonstration-scale projects providing hydrogen made by electrolysis. When powered by renewable or nuclear energy, electrolytically producing hydrogen has the potential to reduce the climate impact of fuel and chemical production.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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