Power to Hydrogen has secured over $18 million in Series A funding to scale and deploy the world’s first industrial-scale AEM electrolysis technology. The funding was led by venture studio Rev1 Ventures and strategic investor Worthington Enterprises, with other global investors including Finindus, JERA, Asahi Kasei, American Electric Power, EDP Ventures, E.ON, ESB, FH Capital, INP Capital, and others. The company will grow its U.S.-based team in Columbus, Ohio, expand its manufacturing and supply chain, and expand internationally with the launch of new offices in Belgium. The technology is a potential breakthrough in electrolysis due to its high performance, low-cost materials and ability to tie into renewable energy.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
