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Funding
Electric Hydrogen raises USD 198 million in Series B funding
Hydrogen Economy
Jun 22
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Partnerships
Raven SR’s California waste-to-hydrogen plant to be powered by INNIO’s engines
Hydrogen Economy
Aug 11
Management news
Nikola to appoint Michael Lohscheller as CEO
Hydrogen Economy
Aug 10
Earnings/results
Heliogen’s Q2 revenue up by 183% YoY; maintains full-year guidance consecutively
Hydrogen Economy
Aug 10
Partnerships
Heliogen and Dimensional Energy to produce SAF from concentrated sunlight and green hydrogen
Hydrogen Economy
Aug 8
Earnings/results
Nikola Q2 2022 update: Commences BEV deliveries logging truck revenues for the first time; FCEV testing to continue through 2022
Hydrogen Economy
Aug 4
Partnerships
Sunfire supplies 30 MW electrolyzer to Uniper
Hydrogen Economy
Aug 4
Earnings/results
Loop Energy Q2 results: Upward revision in guidance; achieves 52 purchase orders out of 100
Hydrogen Economy
Aug 3
Partnerships
H2Pro partners with Doral Energy to supply 200 MW electrolyzers
Hydrogen Economy
Aug 3
Funding
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Partnerships
American Airlines invests in ZeroAvia
Hydrogen Economy
Aug 3
Geographic expansion
Hyundai to supply 27 FCEV “Xcient” trucks to Germany
Hydrogen Economy
Aug 2
M&A
Nikola to acquire battery supplier Romeo Power for USD 144 million
Hydrogen Economy
Aug 1
Partnerships
Tevva partners with Motive Fuels to offer hydrogen refueling for UK customers
Hydrogen Economy
Jul 29
Funding
Enapter receives grant funding from MiTE in Italy
Hydrogen Economy
Jul 29
Partnerships
Loop Energy signs up a second bus manufacturer, Mobility & Innovation, to supply hydrogen fuel cells
Hydrogen Economy
Jul 25
Partnerships
ZeroAvia partners with EIA for hydrogen infrastructure
Hydrogen Economy
Jul 21
Partnerships
Hydra Energy and First Truck Center partner to provide hydrogen conversion service
Hydrogen Economy
Jul 21
Partnerships
ZeroAvia partners with Saudi Arabia’s luxury tourism provider for hydrogen-powered seaplanes
Hydrogen Economy
Jul 21
Funding
ZeroAvia raises additional USD 30 million to close Series B funding
Hydrogen Economy
Jul 20
Geographic expansion
Riversimple plans to build manufacturing facility in Aberdeen
Hydrogen Economy
Jul 20
Partnerships
ZeroAvia partners with Ravn Alaska for hydrogen powertrains
Hydrogen Economy
Jul 19
Partnerships
‧
Geographic expansion
ZeroAvia signs MoU with PowerCell for fuel cell stack deliveries
Hydrogen Economy
Jul 18
Earnings/results
PowerCell reports Q2 2022 results: revenue up 103% YoY
Hydrogen Economy
Jul 18
Funding
Amazon invests in Sunfire
Hydrogen Economy
Jul 14
Partnerships
‧
Product updates
Hydra Energy delivers VEXSL’s first hydrogen-converted armored vehicle
Hydrogen Economy
Jul 13
Partnerships
Loop Energy and Tevva sign multi-year fuel cell agreement
Hydrogen Economy
Jul 5
Partnerships
Riversimple signs up Element 2 as its refueling infrastructure partner
Hydrogen Economy
Jul 5
Partnerships
Hyzon partners with Schlumberger to decarbonize oil and gas operations
Hydrogen Economy
Jun 23
Product updates
Volvo unveils hydrogen fuel cell-powered truck with over 620-mile range
Hydrogen Economy
Jun 21
Funding
C-Zero raises USD 34 million to build its first plant
Hydrogen Economy
Jun 17
Hydrogen Economy

Hydrogen Economy

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Jun 22

Electric Hydrogen raises USD 198 million in Series B funding

Funding

  • Electric Hydrogen, a startup producing cost-competitive clean hydrogen, has raised USD 198 million in a Series B funding round led by Fifth Wall Climate Tech. The round brings Electric Hydrogen’s total funding to USD 222 million. 

  • The funds will be used to scale up the company’s electrolyzer technology and to produce clean hydrogen in large-scale industrial and infrastructure projects. 

  • Amazon’s Climate Pledge Fund, Honeywell, Mitsubishi Heavy Industries, Silicon Valley Bank, and Trinity Capital also participated in the round, along with existing investors Breakthrough Energy Ventures, Capricorn Partners, and Prelude Ventures. 

  • Established in 2021, Electric Hydrogen is a decarbonization startup aiming to produce low-cost, highly efficient, and fossil-free hydrogen. The company uses a new generation of electrolyzer technologies and focuses on heavy emitters like the steel production, mining, and agriculture industries.

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