BlackRock, a prominent asset manager based in the US, has recently announced the launch of a new investment fund centered around clean energy, with a specific focus on hydrogen and energy storage technologies. The fund, named STOR (iShares and Hydrogen Energy Storage System), is designed to capture opportunities in the rapidly evolving hydrogen market. This development comes shortly after BlackRock's exit from the Net Zero Asset Managers initiative, a move that raised questions about the company's commitment to carbon neutrality. However, the introduction of the STOR fund demonstrates a shift towards supporting sustainable energy solutions. As of 10th February 2025, the STOR fund, domiciled in Ireland, boasts net assets of $5.17 million and holds positions in key players in the hydrogen and energy storage sectors. Some notable holdings include companies like Contemporary Amperex Technology, Air Products, Asahi Kasei Corp, Linde, and Air Liquide. Additionally, the fund has stakes in electrolyser companies such as Bloom Energy along with other prominent industry players like Plug Power, Nel, Ballard, Ceres Power, and FuelCell Energy. With a diverse portfolio of 53 companies primarily based in Europe and Saudi Arabia, the BlackRock fund aligns with the STOXX Global Energy Storage and Hydrogen Index, indicating a strategic investment approach towards these sectors. For individuals keen on staying updated with the latest developments in the hydrogen industry, BlackRock offers a dedicated LinkedIn newsletter providing regular insights and news updates. By subscribing to this newsletter, interested parties can receive timely information on market trends, technological advancements, and industry innovations in the hydrogen and energy storage domain.