UK-based NanoSUN has been named as a finalist in Shell’s New Energy Challenge.
The New Energy Challenge looks for young companies that can help shape a successful energy transition with innovative yet realistic propositions.
NanoSUN develops innovative products that refuel, store, purify and analyse hydrogen. The company has developed a low-cost hydrogen refueller, with the potential to eliminate 80-90% of the cost of conventional hydrogen refuelling, enabling rapid expansion of hydrogen refuelling stations.
To make the fourth edition of the New Energy Challlenge even more impactful, it has two distinct tracks: a track for startups and a track for scale-ups.
Track one, of which NanoSUN is a finalist, offers early-stage startups an intensive programme designed by YES!Delft for finalists to validate their business plans and exchange ideas with coaches and experts.
Graham Hodgson, NanoSUN founder and Managing Director, pictured above, told H2 View, “To be picked out as one of the leaders of our generation of startups in the energy world by an industry giant like Shell is inspiring.”
“Validation like this will sustain the entire team as we work to realise our vision of accelerating the hydrogen energy transition.”
The winning finalist will receive at least €100,000 towards a proof of concept within the Shell GameChanger programme, giving them a quick and cost-effective way to test the technical and commercial viability of their solution.
“The New Energy Challenge is all about finding those ideas that work, both technologically and commercially,” said Geert van de Wouw, Vice-President of Shell Ventures.
“Once again, this year we are deeply impressed by the talent and innovation demonstrated by our finalists.”
“These are without a doubt some of the best minds working on the transition towards a lower carbon future.”