HYDGEN Revolutionizes Green Hydrogen Production with AEM Electrolyzers
Key Ideas
  • HYDGEN secures SGD 2 million in seed funding to advance decentralized green hydrogen production with AEM electrolyzers.
  • AEM technology by HYDGEN offers lower costs, scalability, high efficiency, and operational flexibility compared to traditional electrolyzers.
  • The funding will drive the development of manufacturing facilities, single-stack electrolyzers, and market expansion in India and Southeast Asia.
  • HYDGEN's breakthrough in green hydrogen production aims to address the growing demand in Asia and make clean energy accessible and cost-effective for industries.
HYDGEN, a pioneer in decentralized green hydrogen production based in Singapore, has successfully closed a seed funding round of nearly SGD 2 million led by Cloudberry Pioneer Investments and other partners. The company's innovative Anion Exchange Membrane (AEM) electrolyzers offer a game-changing solution to the centralized and fossil fuel-dependent hydrogen supply chain. By combining the best features of PEM and alkaline electrolyzers, HYDGEN's AEM technology provides lower costs, scalability, high efficiency, and operational flexibility. The funding will be utilized to establish a manufacturing facility, develop a 25 kW single-stack AEM electrolyzer, and expand market reach in India and Southeast Asia. The green hydrogen market, currently valued at $14 billion and expected to reach $43 billion by 2030, presents a significant opportunity for industries seeking sustainable alternatives to traditional hydrogen sourcing. HYDGEN's technology aims to make hydrogen production local, cost-effective, and scalable, enabling industries to control their energy needs and reduce reliance on centralized suppliers. The positive sentiment towards HYDGEN's breakthrough in green hydrogen production is reflected in the support from investors and industry experts, highlighting the company's potential to drive cost-effective adoption in high-demand regions. With the investment, HYDGEN is poised to accelerate the adoption of decentralized hydrogen solutions, making clean energy more accessible for industries worldwide.
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