Advanced electrolyzer manufacturer Electric Hydrogen announced the acquisition of hydrogen project developer Ambient Fuels, as well as the launch of a new strategic relationship with sustainable infrastructure investor Generate Capital, creating a full-service hydrogen project development and financing platform.
According to Electric Hydrogen, the new acquisition and partnership come as rising demand for clean hydrogen in both the U.S. and EU is accelerating the market for hydrogen technology. Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for sectors with difficult to abate emissions, in which renewable energy solutions such as wind or solar are less practical,
