3M has invested in EVOLOH, a cleantech company dedicated to advancing the production of green hydrogen through innovative electrolyzer technology.
The investment in EVOLOH underscores 3M’s commitment to advancing materials science-based climate technology solutions. By supporting EVOLOH’s efforts to scale up manufacturing of electrolyzers, 3M aims to contribute to the widespread adoption of green hydrogen as a clean fuel and a versatile chemical reactant. The ultimate goal is to facilitate the decarbonization of industries that have traditionally relied on fossil fuels, such as steel production and aviation.
Electrolyzers, the heart of green hydrogen production, function by utilizing electricity to split water molecules into hydrogen and oxygen. EVOLOH’s innovative approach to electrolyzer manufacturing focuses on core components that eschew precious metals and rare earth materials in favor of abundant materials like steel, plastic, and aluminum. This results in cost-effective electrolyzer modules, along with reduced installation and maintenance expenses.
The low-cost production of green hydrogen holds immense promise for combating climate change and transitioning to a sustainable energy future. By investing in EVOLOH, 3M aims to drive down the costs associated with electrolyzer technology, making green hydrogen more accessible to industries and economies worldwide. This has the potential to revolutionize sectors that have been historically challenging to decarbonize, leading to significant reductions in greenhouse gas emissions.
