Electric Hydrogen is the green hydrogen industry’s first unicorn

Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits. The wait ended today, with the Treasury announcing final rules for hydrogen producers to qualify for tax credits under the section 45V of the Inflation Reduction Act. “We’re grateful to have a final rule,” Beth Deane, chief legal

Jan 3, 2025

As a fuel, hydrogen has a lot going for it. You can burn it for heat to replace coal, you can run it through an electrolyzer to generate electricity, and you can use it to refuel a vehicle as quickly as gasoline or diesel. But it’s challenging to get hydrogen to where it’s needed. As the universe’s lightest gas, hydrogen is tricky to contain. It leaks through tiny cracks, and it can diffuse into certain metals, breaking them down. To transport the stuff usually requires compression or liquefact

Sep 25, 2024

French startup Green-Got is building an alternative to your traditional bank account with a focus on climate change. Essentially, Green-Got guarantees that your savings and the money that is sitting in your bank account aren’t going to finance fossil fuel projects and other polluting industries. The startup recently raised a $5.5 million (€5 million) funding […]

May 4, 2023

Hydrogen startup C-Zero has raised $5 million of an $18 million funding round, according to an SEC filing. The company is developing a way to strip hydrogen from methane without emitting carbon dioxide. The resulting hydrogen can be used in a range of industries today, including ammonia and petrochemical production, and potentially others in the near future, including transportation and steel production. The solid carbon waste product has the potential to be reused in everything from asphalt to

Sep 6, 2024