Clyde Hydrogen powers ahead with Ecotricity investment
Clyde Hydrogen, a University of Glasgow spinout, has secured strategic investment from green energy pioneer Ecotricity to fast-track development of its revolutionary hydrogen technology.
The deal, which closes Clyde Hydrogen’s Pre-Seed2 funding round, will see the company test its prototype energy storage system at one of Ecotricity’s renewable energy sites in the UK.
Hydrogen is seen as critical to achieving net zero, with potential to replace fossil fuels across industries from transport to heavy manufacturing. However, scaling up affordable green hydrogen production has remained out of reach due to the limits of current technologies.
Clyde Hydrogen, based in Glasgow, is developing a breakthrough system designed to be simpler, safer and more cost-effective than conventional technologies, with greater flexibility and a longer lifespan. The company is already testing an advanced prototype and is now scaling up to a larger, fully integrated system to prove its commercial potential.
Dale Vince. ©Ecotricity
James Peck, CEO of Clyde Hydrogen said: “This partnership with Ecotricity is a fantastic achievement for Clyde. By bringing in a strategic investor who can provide valuable support beyond the financial investment we can accelerate the delivery of our game changing decoupled electrolysis technology to the market. We thank Dale Vince for his continued passion and vision for a better world.”
Dale Vince, green industrialist and founder of Ecotricity, added: “This technology could be revolutionary, so I’m happy to support Clyde Hydrogen in its mission to deliver a very different way of producing hydrogen which is not only lower in cost but able to offer a real solution to green energy storage. I have not seen a technology with such potential and wanted to ensure it can deliver in the real world as soon as possible.”
The partnership is an outstanding example of how academic research can be translated into real world impact – opening new possibilities for affordable green energy storage.
For more information, visit www.clydehydrogen.com.