Claim your profile to get in front of buyers, investors, and analysts. SunHydrogen Unveils Larger Version of the Worlds First-Ever, This looks ready to pop! Here are five leading hydrogen companies to keep an eye on as the industry matures: Here's a closer look at some of the best hydrogen stocks to buy as the sector starts taking center stage in the coming years: Air Products is one of the world leaders in supplying industrial gases. View All Acquisitions Compare Sunfire to Competitors Hydrogenious LOHC Technologies FRANKFURT, Jan 12 (Reuters) - German clean technology company Sunfire said on Tuesday it has taken over IHT, a Swiss producer of alkaline pressure electrolysers to widen its portfolio and offer. While CIP can rely on the most advanced electrolysis technology and our highly dedicated expert team, we showcase our ability to deliver commercially scalable projects.. This website uses cookies to improve your experience while you navigate through the website. Electrification and battery solutions alone cannot close the emissions gap to net-zero carbon. Given the potential of clean hydrogen, a growing number of companies are getting into the sector. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so. A 20 MW Sunfire-HyLink Alkaline electrolyzer will produce green hydrogen for Finlands first green hydrogen production plant. With a growing network of refueling stations, it is a highly effective solution to replace fossil fuels across a wide range of applications. Another 20 MW project with the Finnish power-to-X pioneer P2X Solutions is already being planned. Amazon Staff. SunHydrogen Inc (HYSR) Message Board | InvestorsHub SMALL CAP PRO Realtime Streaming Prices and Level 2. Our investment business Carbon Direct Capital Management LLC makes direct investments into leading carbon management technology companies. Press Release October 18, 2021: Sunfire secures landmark investment to accelerate growth of its green hydrogen technologies. As a leading global electrolysis company, we want to make a significant contribution to European energy independence and help to fight climate change. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. In the initial project stage, the facility will produce 5,000 tons of green hydrocarbons per year after its projected commissioning in 2025. You can read more about your. We love meeting interesting people and making new friends. HydrogenOne Capital Growth plc. The facility's feedstocks will be CO2 recovered onsite from the cement mill and green hydrogen produced by a Sunfire-electrolyzer co-located. For further information please visit www.planetfirst.partnersAbout Carbon DirectCarbon Direct combines scientific expertise and financial capital to scale carbon removal & utilization into a global industry. You can decide which categories you would like to allow. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. With its leading track record in two of the preeminent electrolyzer technologies, Sunfire is poised to play a key role in fulfilling this promise. We use cookies to provide you with an optimal website experience. In addition, the electrolyzer provides grid balancing services under real operational and market conditions. Function The company was founded in 2008 and is based in Kjeller, Norway. Investors might want to watch the sector for a while as they gauge which companies have the best chances of emerging as long-term winners. Copyright 2020 Sunfire GmbH. By using industrial off-heat, the electrolyzer processes water steam to hydrogen at highest conversion efficiencies. The industry needs to scale and reduce costs to become competitive with fossil fuels and other emerging technologies like battery storage. Hydrogen Sunfire-HyLink electrolyzers produce renewable hydrogen - the feedstock and energy carrier that decarbonizes industries as well as the energy and mobility sector. The Company is listed on the London Stock Exchanges main market (ticker code: HGEN).For further information please visit www.hydrogenonecapital.com. However, not all hydrogen is created equal. Our innovative electrolyzers help refineries like Neste to accelerate the green transition. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Amazon co-founded The Climate Pledge in 2019, committing to reach net-zero carbon by 204010 years ahead of the Paris Agreement. The project marks the first implementation of a Sunfire-HyLink SOEC electrolyzer at multi-MW-scale (2.6 MW). The leading industrial electrolyzer maker is planning to expand its alkaline electrolysis business with the construction of a large-scale production site in Germany that will have an annual manufacturing capacity of 500 MW by 2023, with a further extension to gigawatt-scale already in the planning. It's one of the world's largest hydrogen buyers and operates a leading hydrogen refueling network in North America with over 180 fueling stations. This includes cookies that are necessary for the operation of the site and for the control of our commercial business objectives, as well as cookies that are only used for anonymous statistical purposes, for comfort settings or to display personalized content. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Our advisory business Carbon Direct Inc. helps corporate clients with carbon management solutions. Our project with Total heralds a new era for the industrial production and use of renewable hydrogen and methanol in refineries. The final investment decision is still pending. As industrial feedstock, hydrogen is used for the refining of crude oil, iron and steelmaking as well as the production of fertilizers and of numerous chemical products. PUBLIC INVESTMENT FUND (PIF) COULD INVEST IN SUNHYDROGEN???????????? Following that, the green hydrocarbons produced can be turned . Todays announcement marks the largest equity raise of a green-hydrogen-focused private company anywhere to date.1) These new funds will allow Sunfire to bring its advanced pressurized alkaline and game-changing solid oxide (SOEC) electrolysis technologies to industrial scale, building the first in a series of production gigafactories, creating both meaningful electrolysis capacity for our customers and attractive returns for our investors. Nils Aldag, Co-Founder and CEO of Sunfire, said. BP intends to capture a 10% share of the hydrogen market in its core operating areas. Sunfires unique technologies will drive down costs for green hydrogen production, helping to establish a competitive hydrogen value chain and further increasing the range of industries that can economically decarbonize,said Lightrock partner Kevin Bone. Bloom Energy can pair its Bloom Electrolyzer with solar energy andwind energyto generate green hydrogen, which it can store and eventually turn back into electricity for future use. Under the leadership of Sunfire, 15 associated partners will be receiving EUR 33 million to establish manufacturing processes and optimize systems. The Hydrogen Stream: New tech to convert hydrogen into methanol for transportation. Sunfire has 17 investors. Over the years, Sunfire has repeatedly included new investors in the group of shareholders in various financing rounds. Plug Power is building an end-to-end green hydrogen network to produce, store, and deliver the fuel across North America and Europe. Necessary cookies help to make a website usable by enabling basic functions such as page navigation and access to secure areas of the website. Besides Neste and Sunfire, theMultiPLHYconsortium also includes the French research center CEA, SMS-group company Paul Wurth and ENGIE. It is a basic component for the production of ammonia and serves as a key element for the production of methanol, which can be further processed into fuels or polymers. As part of theMultiPLHYproject, Sunfire is installing the worlds first multi-megawatt high-temperature electrolyzer to produce green hydrogen at Nestes renewable products refinery in Rotterdam. CBI websites generally use certain cookies to enable better interactions with. Sunfires breakthrough electrolysis technologies, the scale-up of manufacturing capacities and the overall dynamism its management team is bringing to the market will benefit the ramp-up and use of green hydrogen across industrial and transport applications., Andreea Constantinescu, Partner at Planet First Partners, said: We are excited about Sunfires contribution to the European goals of energy sovereignty, reducing dependence on natural gas and other fossil-fuels and creating green jobs. And although hydrogen can be produced from a variety of sources, most methods emit greenhouse gases. Hydrogen is used in industrial refining processes to produce conventional liquid fuels such as jet fuel, diesel and gasoline. Europe is emerging as a global leader in the hydrogen sector, and Sunfire plans to be a frontrunner by providing world-class technology at scale. Wow, the BS HYSR keeps pumping is AMAZING!! Lightrocks portfolio includes more than 60 high-growth companies, supported by over 60 professionals based in 5 offices across Europe, Latin America, India and Africa. Your email address will not be published. German electrolyzer manufacturer Sunfire GmbH received an investment from Amazon.com Inc. 's Climate Pledge Fund that will help it scale up production. Clean energy is the future, and these companies are leading the way. INEOS Energy is a strategic investor in HydrogenOne. Renewable hydrogen and Power-to-X technologies are two of the companys key development areas. PFP is headquartered in London and was created in 2019 by former Verlinvest founder, CEO and later Chairman Frederic de Mevius and former Managing Director Alexander de Wit. Sunfire recently announced plans to scale its alkaline electrolysis business and build a large-scale electrolyzer production site in Germany with an annual manufacturing capacity of 500 MW by 2023, with a further extension to gigawatt-scale already in the planning. Sunfire management (from left): Stephan Garabet, Bernhard Zwinz, Nils Aldag and Christian von Olshausen. Air Products aspires to be a leader in providing solutions to the world's energy and environmental challenges through gasification, carbon capture, and clean hydrogen. PARTNERSHIPS CAN ALSO ACCELERATE TECHNOLOGIC DEVELOPEMENTS!!!!!!!!!!!!!!! These companies are getting it done. The Pledge now has more than 300 signatories, including Best Buy, IBM, Microsoft, PepsiCo, Siemens, Unilever, Verizon, and Visa. 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