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Recently Funded|Amount: USD 18.0M|Industry: Renewable Energy Equipment Manufacturing

Sungrow Hydrogen Secures $18 Million in Funding for Green Hydrogen Production Expansion

Power to Hydrogen

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201-500 employees employees (Est.)
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Power to Hydrogen, a pioneering subsidiary of Sungrow (Stock Code: 300274), has successfully raised $18 million in a recent funding round aimed at advancing its mission of revolutionizing green hydrogen production. Specializing in flexible green hydrogen technologies, Sungrow Hydrogen's product lineup includes cutting-edge ALK and PEM water electrolyzers, PWM hydrogen production power supplies, and hydrogen purification equipment, all designed to meet the growing global demand for sustainable energy solutions. This latest infusion of capital will bolster their ongoing research and development initiatives, allowing the company to enhance its technological innovations and expand its operational capacity. With a strong commitment to efficiency, safety, and intelligence in hydrogen production, Sungrow Hydrogen has built an impressive portfolio, including a leading 20MW water electrolysis empirical base and a state-of-the-art hydrogen research institute in Germany. The company has proudly secured over 350 patents and spearheaded the creation of essential industry standards, ensuring its position at the forefront of the green hydrogen revolution. Their robust product offerings have already been deployed in numerous large-scale wind and solar hydrogen projects across both domestic and international markets, driving significant strides toward decarbonization in various sectors such as power, industry, and transportation. As they forge ahead, Sungrow Hydrogen aims to harness this funding to lead advancements in flexible green hydrogen production and electricity-hydrogen coupling technologies, thereby creating sustainable value for clients worldwide and contributing to the overarching goal of achieving carbon neutrality. The future of energy is bright, and Sungrow Hydrogen is ready to illuminate the path forward.
August 26, 2024

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  • Energy Systems
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  • Renewable Energy Technologies
  • Engineering Services
  • Environmental Solutions

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