Hysata raises $111m to expand electrolyser production capacity
Hysata has secured $111m in Series B fundraising led by bp Ventures and Templewater to support the development of its high-efficiency electrolysers.
Hysata has secured $111m in Series B fundraising led by bp Ventures and Templewater to support the development of its high-efficiency electrolysers.
Norwegian electrolyser manufacturer HydrogenPro, reported a stark drop in revenues to NOK 5m ($368,000) in Q1 2024, down from NOK 83m ($7.6m) a year earlier, alongside widening losses.
Luxfer Gas Cylinders has received a clean technology grant to support the development of a new Type 4, 700 bar hydrogen cylinder in Canada.
Hydrogen Ukraine and AB5 Consulting have won a grant to advance its H2U Renewable Hydrogen Project, located in Ukraine’s Odesa region.
RWE will be backed with €124.9m ($133m) to advance its green hydrogen production project in Eemshaven, the Netherlands, as part of a wider €250m ($267m) funding round.
The Australian Hydrogen Council (AHC) has received funding to support the transition of small and medium-sized enterprises (SMEs) to hydrogen.
Stargate Hydrogen has raised €42m ($44.9m) in its seed funding round, which it will use to scale up its patented electrolyser technology.
Up to 8.2 billion won ($5.9m) has been allocated in subsidies to 152 hydrogen refuelling stations in South Korea.
Hiringa Enery will head up plans to develop a hydrogen refuelling network throughout New Zealand to reach 2050 Net Zero goals.
PDC Machines and Kirloskar Pneumatic Company Limited (KPCL) have agreed to offer hydrogen compression solutions throughout India.