UK green hydrogen pioneer GeoPura has received £36m investment from global industry leaders. The new investment will enable GeoPura to expand its business globally, accelerating the adoption of green hydrogen and creating an infrastructure for cost-effective energy production. The funding will also allow GeoPura to develop new technology that advances renewable hydrogen production and storage to provide clean energy solutions for various markets, including industry, transport, power, and heating.
This investment marks a key milestone in the development of their company and will transform the green hydrogen sector. Their mission is to create a sustainable world where clean energy can be readily accessed everywhere; this funding will help us achieve this.
The partnership between GM Ventures and GeoPura demonstrates both companies’ commitment to developing green hydrogen technology and its potential to deliver zero emission energy solutions.
GeoPura is developing clean and renewable energy solutions, with their Hydrogen Power Unit (HPU) technology providing an emissions-free alternative to traditional diesel generators. The HPUs are deployed for customers seeking more sustainable and eco-friendly energy sources, including Balfour Beatty, HS2, National Grid and the BBC. The range of HPUs provides a low-carbon solution for off-grid, temporary or supplementary power needs. HPUs are also suitable as backup and emergency power options, providing reliable electricity in the event of a grid failure or blackout.
resource: https://esgnews.com/uk-green-hydrogen-pioneer-geopura-secures-36-million-investment-from-gm-barclays/