Ecolectro Revolutionizing Green Hydrogen Production with AEM Technology
Key Ideas
- Ecolectro's AEM technology achieves green hydrogen production under $2.50/kg with over 70% efficiency, offering a scalable and affordable path to reduce carbon emissions.
- Funding of $10.5M from Toyota Ventures and other investors accelerates Ecolectro's development of fully integrated electrolyzers, enabling on-site hydrogen generation for green tax credits.
- Partnership with Liberty New York Gas powers the state's first project blending green hydrogen with natural gas for commercial heating, showcasing Ecolectro's innovative solutions.
- Ecolectro founders, Dr. Kristina M. Hugar and Dr. Gabriel G. Rodríguez-Calero, have developed a breakthrough AEM electrolyzer that eliminates the need for rare and harmful materials, achieving over 70% efficiency.
Ecolectro, a green hydrogen technology leader, has closed a $10.5M Series A funding round led by Toyota Ventures, advancing their AEM electrolyzer technology. This funding brings their total capital raised to $27.7M, supporting the development and deployment of their innovative electrolyzers that enable green hydrogen production under $2.50/kg with over 70% efficiency. By partnering with Liberty New York Gas, Ecolectro is pioneering the blending of green hydrogen with natural gas for commercial heating in New York State. The company's founders, Dr. Kristina M. Hugar and Dr. Gabriel G. Rodríguez-Calero, have developed a proprietary AEM membrane chemistry that eliminates the need for rare and harmful materials like iridium and PFAS, making their solution eco-friendly and scalable. The AEM electrolyzers operate efficiently in various conditions, outperforming traditional PEM and alkaline systems. With the global green hydrogen market projected to grow rapidly, Ecolectro's technology offers a sustainable and cost-effective approach to reducing carbon emissions.