Green Hydrogen H2 News

The study is significant because employing carbon-free, clean-burning fuels like hydrogen will provide an alternative to carbon-based fuels, which emit greenhouse gases and contribute to climate change. Hydrogen is the most plentiful element in the universe, and it may be made from a variety of sources.

Green Hydrogen H2 News

JERA Americas and Temasek led the oversubscribed financing round, with Chevron Technology Ventures and Pavilion Capital investing for the first time. The investment was also supported by existing investors AP Ventures, Royal Vopak, and Winkelmann Group. Commercial systems will be deployed in landmark hydrogen projects in Europe, the Middle East, and other parts of the world, including APAC and the Americas.

Green Hydrogen H2 News

Linde’s investment in the plant, which is located at 4501 Royal Ave., is part of the company’s effort to help New York become carbon-neutral and achieve the Climate Leadership and Community Protection Act (CLCPA), which requires 100 percent zero-emission electricity by 2040.