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hydrogen

GeoPura Secures £56M Investment for Hydrogen-Powered Energy Solutions

Anela DoksoBy Anela Dokso22/02/20242 Mins Read
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GeoPura has made significant strides in its mission to revolutionize energy generation with the announcement of a £56 million investment.

This substantial funding, comprising £30 million from the UK Infrastructure Bank and additional contributions from Barclays Sustainable Impact Capital, marks a significant milestone for GeoPura’s ambitious expansion plans and underscores growing investor confidence in hydrogen technology.

The primary goal of GeoPura’s investment is to accelerate the production and deployment of its Hydrogen Power Units (HPUs), which serve as a clean and efficient alternative to traditional diesel-fueled generators. By scaling up manufacturing operations at its Newcastle facility, GeoPura aims to address the pressing need for sustainable energy solutions and support the transition to a low-carbon economy.

At the heart of GeoPura’s innovation lies its Hydrogen Power Units (HPUs), which leverage fuel cell technology to deliver off-grid power for various applications. With a capacity of 250kVA, these units offer reliable electric power while significantly reducing harmful emissions associated with diesel generators. Notable clients, including the Ministry of Defence, Balfour Beatty, National Grid, and the BBC, have already embraced GeoPura’s hydrogen-powered solutions, signaling their effectiveness and reliability.

By replacing diesel generators with hydrogen-powered alternatives, GeoPura is poised to make a significant impact on environmental sustainability. The widespread adoption of HPUs has the potential to substantially reduce air pollution, improve air quality, and mitigate the adverse effects of climate change. Moreover, GeoPura’s commitment to green hydrogen production aligns with global efforts to decarbonize key industries and accelerate the transition to renewable energy sources.

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