Clyde Hydrogen Secures €6 Million Funding for High-Pressure Hydrogen Production Advancement
Key Ideas
- Clyde Hydrogen Systems initiates a €6 million seed funding round to enhance its hydrogen production technology, aiming for a production-ready system by 2026.
- The funding will support the refinement of a decoupled electrolysis process, team expansion, and positioning Clyde Hydrogen as a leader in renewable hydrogen production.
- The company's breakthrough in high-pressure hydrogen production, utilizing a proprietary technology, showcases efficiency and safety improvements over traditional systems.
- Clyde Hydrogen's success in producing hydrogen at pressures exceeding 100 bar validates its capability to tackle challenges in efficient hydrogen generation from intermittent renewable sources.
Clyde Hydrogen Systems, based in Glasgow and originating as a spin-out from the University of Glasgow, has announced a €6 million seed funding round to advance its hydrogen production technology. This funding will enable the company to further develop its decoupled electrolysis process, with the goal of having a production-ready system by 2026. Additionally, the funds will facilitate team expansion, allowing Clyde Hydrogen to meet the increasing demand for efficient and scalable hydrogen solutions. The company has already received pre-seed investments from Zinc and the University of Glasgow, as well as grants from the Scottish Government’s Hydrogen Innovation Scheme and the Net Zero Technology Centre. These financial resources will aid Clyde Hydrogen in translating its groundbreaking research into market-ready technology, solidifying its position as a frontrunner in renewable hydrogen production.
Clyde Hydrogen's unique decoupled electrolysis process, developed at the University of Glasgow’s School of Chemistry, involves creating a reduced mediator solution and a catalytic hydrogen generator to produce high-pressure hydrogen gas. This technology is specifically designed to convert low-quality, intermittent renewable power into clean hydrogen, offering enhanced efficiency and safety compared to traditional systems. The successful production of hydrogen at pressures exceeding 100 bar marks a significant achievement for Clyde Hydrogen, showcasing its ability to address challenges in efficient hydrogen generation from intermittent power sources. The company plans to deliver a fully integrated pilot system by late 2025 and a commercial demonstrator by 2027, leveraging the €6 million funding round to expand its operations and contribute to the UK's renewable energy future.
Topics
Electrolyzer
Renewable Energy
Clean Energy
Research And Development
Technology Innovation
Funding Round
University Spin-out
Latest News