Elcogen’s core technology is able to operate at lower temperatures than competitors
HydrogenOne invests in electrolyser manufacturer Elcogen
Hydrogen investment fund takes minority stake in solid-oxide technology specialist
London-listed investment fund HydrogenOne Capital Growth has bought a minority stake in Estonia-based fuel cell and electrolyser manufacturer Elcogen for £20mn ($24.7mn). Elcogen specialises in solid-oxide technologies and has developed a reversible ceramic technology that can convert hydrogen into emission-free electricity, or electricity into green hydrogen. Solid-oxide fuel cells and electrolysers can run with efficiency greater than 80pc and Elcogen’s core technology is able to operate at lower temperatures than competitors, resulting in superior economics, HydrogenOne says. “There is substantial demand for fuel cells and electrolysers as the clean hydrogen sector continues to grow at ra
Also in this section
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory
11 November 2024
Presidency wants declaration from the talks to include specific measures on enabling hydrogen markets
