StormFisher secures $30m to expand low-carbon fuel project pipeline

StormFisher Hydrogen has raised $30m of investment to develop its existing pipeline of projects in the US and Canada.

The low-carbon fuel facility development company has secured funding from ARC Financial Corp to accelerate its electrolysis-based fuel production, including hydrogen, e-methane, e-methanol and green ammonia.

The company has said it has created a pipeline to deploy “several billion in capital” over the next five to 10 years to advance its facilities, expected to be capable of converting up to 300MW of renewable electricity from wind and solar into fuels.

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