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three-uk-electrolyser-developers-win-500k-in-nztc-funding
three-uk-electrolyser-developers-win-500k-in-nztc-funding

Three UK electrolyser developers win £500k in NZTC funding

Clyde Hydrogen Systems, AqSorption and Latent Drive are each set to receive £500,000 ($655,347) as part of the Net Zero Technology Centre’s (NZTC) 2024 electrolyser funding competition.

The energy hub initiative is designed to scale Scottish supply chains and establish an export market. Therefore, the NZTC pushed forward the development of prototypes to eventually pilot a project.

Up to 36 applications were received from around the globe for the funding, but just three UK-based electrolyser developers succeeded.

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