Hiiroc turquoise hydrogen technology secures funding
Technology based on thermal plasma electrolysis well positioned for commercialisation, says firm
Hiiroc, a UK-based company developing ‘turquoise’ clean hydrogen technology, has completed a £26mn ($35mn) funding round with commitments from two new investors. The technology converts biomethane, flare gas or natural gas into clean hydrogen and carbon black—a solid carbon byproduct that has applications in the manufacture of tyres and building materials as well as a soil enhancer—via electrolysis using thermal plasma. London-listed hydrogen investment fund HydrogenOne Capital Growth and UK-based engineering sector investor Melrose Industries have this week provided financial backing to the firm. “We are now very well positioned to move to commercialisation” Davies, Hiiroc Existing
Also in this section
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
6 January 2026
Shifts in government policy and rising power demand will shape the clean hydrogen sector as it attempts to gain momentum following a sluggish performance in 2025
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example






