Clyde Hydrogen Systems Secures Funding for Production-Ready System and Team Expansion
Key Ideas
- Clyde Hydrogen Systems is launching a funding round to attract up to £5m in new investment to refine its production process and develop a production-ready system by 2026.
- Backed by pre-seed funding from various organizations including the University of Glasgow and grants from the Scottish Government, Clyde Hydrogen aims to commercialize its technology for high-pressure hydrogen production using renewable energy sources.
- The company has successfully produced hydrogen at pressures exceeding 100 bar, addressing a key challenge in the sector and paving the way for widespread adoption of renewable hydrogen in the UK and beyond.
- Clyde Hydrogen plans to deliver a fully-integrated pilot system by late 2025 and aims to release its first market-ready product by 2027, contributing to the UK's renewable energy future.
Clyde Hydrogen Systems, based in Glasgow, is embarking on a funding round to secure up to £5m in new investment. This capital will allow the company to enhance its production process, create a production-ready system by 2026, and expand its team. Previously supported by pre-seed funding from Zinc, the University of Glasgow, and grants from the Scottish Government's Hydrogen Innovation Scheme (HIS) and the Net Zero Technology Centre (NZTC), Clyde Hydrogen is now transitioning towards commercialization. The company has achieved a significant milestone by producing hydrogen at pressures exceeding 100 bar, utilizing its scalable catalytic hydrogen generator coupled with intermittent renewable energy. Their proprietary technology has the potential to revolutionize high-pressure hydrogen production, facilitating the broader adoption of renewable hydrogen. Originating as a spin-out from the University of Glasgow's School of Chemistry, Clyde Hydrogen employs a unique decoupled electrolysis process that involves an electrochemical reductor and a catalytic hydrogen generator to produce high-pressure hydrogen gas. The successful demonstration of hydrogen production at over 100 bar validates the company's technology, designed to convert intermittent renewable power into clean hydrogen. Clyde Hydrogen is now on course to introduce a fully-integrated pilot system by late 2025, with plans to scale up to a commercial demonstrator and release the first market-ready product by 2027. CEO James Peck expressed confidence in the company's ability to translate research and development efforts into commercially viable technology. The funding round aims to propel Clyde Hydrogen towards realizing a production-ready system, positioning it as a key player in the UK's renewable energy landscape.