Hycamite TCD Technologies has raised €25m ($28.1m) to support its methane pyrolysis technology for low-carbon hydrogen production.
With investments coming from Sojitz Group, Stephen Industries, the Finnish Climate Fund, HAI Kapital, Holdix and Turret, the funding is a vote of confidence in the Finnish company’s low-carbon hydrogen and solid carbon production technology.
The technology decomposes large volumes of methane into its component elements, hydrogen and carbon, while not releasing greenhouse gas (GHG) emission into the atmosphere.
... to continue reading you must be subscribed
