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amazon-backs-german-electrolyser-manufacturers-scale-up-plans
© Sunfire
amazon-backs-german-electrolyser-manufacturers-scale-up-plans
© Sunfire

Amazon backs German electrolyser manufacturer’s scale-up plans

German electrolyser developer and manufacturer, Sunfire announced on Wednesday (July 13) it had become the ‘first’ green hydrogen company based in the European Union to receive an investment from Amazon’s $2bn Climate Pledge Fund.

Sunfire has said the investment comes as the company prepares to increase its production capacity from megawatt to gigawatt-scale to meet the surging demand for its hydrogen production technology.

Amazon has set out goals to hit Net Zero carbon emission across its operations by 2040, and by funding firms such as Sunfire it hopes to facilitate the transition to a Net Zero carbon economy.

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