Browsing: REGIONAL

OCOchem, a promising startup based in Richland, Washington, has recently raised approximately $4.5 million in new funding. This move, disclosed through a filing with the U.S. Securities and Exchange Commission, signifies the company’s growing prominence in the sector and hints at its ambition to revolutionize hydrogen transportation.

While much of the focus in international media has been on the United States and Europe’s endeavors in the low-carbon hydrogen sector, China’s significant role in this field has often been underreported. As the leading global player in hydrogen production and consumption, China’s strategies and actions are critical not only for its domestic energy landscape but also for the worldwide transition to cleaner energy sources.