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bp Leads $12.5 Million Series A Investment In Low-Cost Hydrogen Electrolyzer Innovator, Advanced Ionics

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Tuesday, August 15, 2023
Oil, Gas, Environment, Alternative Energy, Energy, Steel, Environmental Health, Green Technology, Manufacturing, Hydrogen, BP, Metal, Electricity, Mitsubishi Heavy Industries, Water, Multimedia, ReNew Power, Ionic liquid piston compressor, Investment, Rare-earth element, Environmental remediation, Renewable energy, Education minister

“bp ventures’ investment in Advanced Ionics is a powerful backing of our technology’s potential to help accelerate green hydrogen’s future and heavy industry’s shift towards decarbonization,” said Chad Mason, CEO of Advanced Ionics.

Key Points: 
  • “bp ventures’ investment in Advanced Ionics is a powerful backing of our technology’s potential to help accelerate green hydrogen’s future and heavy industry’s shift towards decarbonization,” said Chad Mason, CEO of Advanced Ionics.
  • Advanced Ionics’ electrolyzer stack requires less than 35 kWh per kilogram of produced hydrogen compared to more than 50 kWh per kilogram for typical electrolyzers.
  • “Advanced Ionics’ technology has the potential to drive down cost and disrupt the hydrogen market,” said Gareth Burns, vice president of bp ventures.
  • In addition to bp Ventures’ investment, bp will also be exploring pilot opportunities with Advanced Ionics.

Advanced Ionics Launches First Demonstration of Low-Cost Green Hydrogen Technology with the Entrepreneurs Fund of Repsol Foundation

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Tuesday, March 28, 2023
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Advanced Ionics , a low-cost green hydrogen technology provider with the mission of accelerating decarbonization, announced today its Early Access Program for advanced technology demonstrations with potential future customers.

Key Points: 
  • Advanced Ionics , a low-cost green hydrogen technology provider with the mission of accelerating decarbonization, announced today its Early Access Program for advanced technology demonstrations with potential future customers.
  • Advanced Ionics’ symbion electrolyzer technology utilizes, low-cost clean electricity and onsite process waste heat from industrial sites to enable production of green hydrogen for less than a dollar per kilogram.
  • Participation in Advanced Ionics’ Early Access Program allows the Repsol Foundation to support technology validation and scaling, hence preparing the ground for early testers of full-scale Advanced Ionics electrolyzers.
  • For hydrogen producers and users looking to learn more about Advanced Ionics’ Early Access Program, visit https://advanced-ionics.com/early-access-program/ .