Hydrogen Optimized has been boosted by nearly $5m of funding to advance the commercialisation of its electrolysis system.
A KEY DH Technologies subsidiary, the technology company is developing water electrolysis technology called RuggedCell which uses green electricity to produce green hydrogen and oxygen at a large scale.
The $4.8m grant from Sustainable Development Technology Canada will support the development of product system, helping it scale from 200MW to 400MW.
Welcoming the support, Andrew Stuart, Chair, President and CEO of KEY, said, “SDTC’s funding represents a major step toward realising our goal of providing industry-leading, cost-effective and highly efficient water electrolyser technology at scale.
... to continue reading you must be subscribed