Green Hydrogen Bid by Newtrace : Develops Electrolyzers For 60% Cost Reduction - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Green Hydrogen Bid by Newtrace : Develops Electrolyzers For 60% Cost Reduction!”

Here’s an article posted in Indian Express.

According to the article,

  • Newtrace, a climate tech startup, has raised $5.65 million in a seed funding round led by Sequoia Capital India and Aavishkaar Capital.
  • The company develops electrolysers to reduce the cost of green hydrogen production by over 60%.
  • Its electrolysers can be used in various sectors, including refineries, fertilisers, chemicals, steel and cement, and transportation.

Interestingly, we have some other posts related to this content:

Efficient Electrolysers for Hydrogen Production: Johnson Matthey and Hystar To Develop
Johnson Matthey and Hystar partner to develop cutting-edge, efficient, and cost-effective electrolysers, aiming to make hydrogen production more affordable. Green Hydrogen from Seawater Using PEM Electrolyzer by Fraunhofer ISE: Fraunhofer ISE and partners develop offshore hydrogen production concept with 500 MW electrolysis platform, aiming for 50,000 tons/year green hydrogen production.


Tags


Aavishkaar Capital investment in Newtrace

Ammonia production from green hydrogen

Decarbonization efforts in industry.

Electrolyzer deployment in various industries

Electrolyzer innovation for green hydrogen

Green hydrogen production cost reduction

Long-term storage of green hydrogen

Newtrace electrolyzer technology

Sequoia Capital India investment in Newtrace

Sustainable hydrogen production

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