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Bill Gates backs $1/kg green hydrogen water splitter technology

11 March 2021 A potential game-changing green hydrogen technology developed by Israeli-based company H2Pro, which is aiming at producing green hydrogen at $US1/kg, has closed a $US22 million funding round led by Bill Gates’ Breakthrough Energy Ventures. H2Pro’s efforts to develop a water splitting device that the company claims can reach 95% efficiency and costs significantly less than an electrolyser. E-TAC, short for Electrochemical,Thermally Activated Chemical, is similar to electrolysis in that it uses electricity to split water into hydrogen and oxygen. However, unlike conventional electrolysis, hydrogen and oxygen are generated separately in different steps – an Electrochemical (E) step and a Thermally-Activated Chemical (TAC) step.

Industrial decarbonization picks up steam

Close Authorship This article originally appeared in the State of Green Business 2021. You can download the entire report here. The industrial sector is the backbone of the economy, producing the materials that build everything from cities to phones. It’s also a significant contributor to the climate crisis: Industrial processes from the creation of raw materials to chemicals are responsible for more emissions than any other sector, making up a third of greenhouse gas emissions globally. Increasingly, the stars are aligning for industrial emissions to take center stage, for three key reasons: demand for clean solutions is growing; technologies are maturing; and the conditions for policy solutions are ripe.

IonQ in Talks to Go Public Through Merger with DMY SPAC

IonQ in Talks to Go Public Through Merger with DMY SPAC
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