Tag: h2pro

SHARM EL-SHEIKH, Egypt, Nov. 9, 2022 /PRNewswire/ — Israeli company H2Pro and Moroccan renewable energy developer Gaia Energy announce the signing of a strategic agreement today during the UN Climate Conference (COP 27). The two companies revealed plans for their new partnership in the presence of Tamar Zandberg, Israel’s Minister of Environmental Protection, Lior Ben Dor, Director for Egypt and the Maghreb at the Israeli Foreign Ministry, Rachid Tahiri, Head of the Division of Climate Change and Green Economy for Morocco’s Ministry of Energy Transition & Sustainable Development, and Kelthoum Belhaj, Head of Green Economy Unit for Morocco’s Ministry of Energy Transition & Sustainable Development. Under the historic agreement, Gaia will use a range of 10-20 MW-scale H2Pro electrolyzer technology for a demo project in Morocco, while exploring in parallel the use of H2Pro technology in a Gigawatt-scale system currently being developed by Gaia within the Kingdom. Read more...

Even as the overall VC market slows during the second half of 2022, investments in climate tech — particularly technologies that could enable green hydrogen to help decarbonize heavy industry and other big emitters — continue to add up. Read more...

Israeli company H2Pro received $22 million to start mass production of a new type of cell. The list of investors included funds funded by Bill Gates and Hong Kong billionaire Li Ka-shing, as well as Japanese trading company Sumitomo Corporation and Korean automaker Hyundai. Read more...