Amazon invests in electrolyser firm Sunfire
German manufacturer to use investment from Amazon’s Climate Pledge Fund to support production scale-up
Amazon has made its first investment in the European green hydrogen sector by backing German electrolyser manufacturer Sunfire with capital from its $2bn Climate Pledge Fund. Sunfire, which is focused on pressurised alkaline electrolyser (AE) and solid-oxide electrolyser technology, says it will use the funds from Amazon to scale up its production. “We are proud to welcome Amazon as our investor and look forward to working with a company that has such ambitious climate targets,” says Sunfire CEO Nils Aldag. “With Amazon’s help, we want to further scale up our production capacity.” The size of Amazon’s investment was not disclosed. “With Amazon’s help, we want to further scale up our pr
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