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.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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