Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • Wärtsilä to Equip Wasaline’s Aurora Botnia with World’s Largest Marine Battery Hybrid System
  • India’s $92 Billion Bet on Green Hydrogen: Can Policy and Technology Deliver?
  • Chile’s Green Hydrogen Push with $45 Billion by 2030, $330 Billion by 2050
  • Dubai’s Green Hydrogen Pilot Produces 100 Tonnes, but Scale Remains the Challenge
  • Oklahoma Tests Potential of Naturally Occurring Hydrogen
  • Nuclear Energy and the Environmental Paradox: Bruno Comby on Policy, Propaganda, and Missed Opportunities
  • FDE Targets Natural Hydrogen in Lorraine with €15M Drilling Campaign
  • Pacifico Energy Bets on Off-Grid Model for 5GW Texas Data Center Campus
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Americas
Green Hydrogen H2 News

Ekona Power receives equity investment for clean hydrogen tech

Anela DoksoBy Anela Dokso03/02/20222 Mins Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram
Ekona Power, a Vancouver-based company developing a novel hydrogen production technology, has closed a CAD $79 million equity investment.

Ekona’s novel methane pyrolysis technology platform, which produces clean and low-cost hydrogen, will benefit from the investment, which will help it reach commercial readiness. Baker Hughes led the funding round, which included Mitsui, Severstal, ConocoPhillips, TransAlta, Continental Resources, NGIF Cleantech Ventures, and BDC Capital as well as other notable partners.

Hydrogen is a promising way to cut greenhouse gas emissions in transportation, heat and power, and a variety of other hard-to-decarbonize industries. Hydrogen production, on the other hand, must be both clean and low-cost in order to fully realize its full potential. Ekona’s novel methane pyrolysis solution breaks down feedstock methane into hydrogen and solid carbon, lowering CO2 emissions dramatically. The platform is low-cost, scalable, and can be flexibly sited wherever natural gas infrastructure exists, thanks to its foundation in combustion and high-speed gas dynamics.

“We are excited to close this significant milestone for our organization as we become one step closer to commercializing our technology. We would like to thank all our investors and stakeholders for their investment, passion, and commitment to our technology. We believe that to facilitate the smooth application of hydrogen across global markets, we need a solution that is clean, scalable, and economically viable. Therefore, Ekona’s technology has been developed to produce hydrogen at costs on par with conventional steam methane reformers, while considerably reducing greenhouse gas emissions,” said Chris Reid, Chief Executive Officer, Ekona Power Inc.

Breakthrough Energy Solutions Canada (BESC) selected Ekona as one of ten Canadian cohort companies developing promising high-impact climate solutions in 2020, and it was recently named one of the Global Cleantech 100 companies for 2022.

Share. LinkedIn Twitter Facebook Email

Related Posts

green hydrogen

India’s $92 Billion Bet on Green Hydrogen: Can Policy and Technology Deliver?

27/08/2025
Energy Storage

Chile’s Green Hydrogen Push with $45 Billion by 2030, $330 Billion by 2050

27/08/2025
Dubai’s Green Hydrogen Pilot Produces 100 Tonnes, but Scale Remains the Challenge

Dubai’s Green Hydrogen Pilot Produces 100 Tonnes, but Scale Remains the Challenge

27/08/2025
hydrogen

Oklahoma Tests Potential of Naturally Occurring Hydrogen

27/08/2025
Nuclear Energy

Nuclear Energy and the Environmental Paradox: Bruno Comby on Policy, Propaganda, and Missed Opportunities

26/08/2025
Pacifico Energy Bets on Off-Grid Model for 5GW Texas Data Center Campus

Pacifico Energy Bets on Off-Grid Model for 5GW Texas Data Center Campus

26/08/2025
Wärtsilä to Equip Wasaline’s Aurora Botnia with World’s Largest Marine Battery Hybrid System

Wärtsilä to Equip Wasaline’s Aurora Botnia with World’s Largest Marine Battery Hybrid System

27/08/2025
green hydrogen

India’s $92 Billion Bet on Green Hydrogen: Can Policy and Technology Deliver?

27/08/2025
Energy Storage

Chile’s Green Hydrogen Push with $45 Billion by 2030, $330 Billion by 2050

27/08/2025
Dubai’s Green Hydrogen Pilot Produces 100 Tonnes, but Scale Remains the Challenge

Dubai’s Green Hydrogen Pilot Produces 100 Tonnes, but Scale Remains the Challenge

27/08/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.