Fortescue and Bill Gates-backed Electric Hydrogen Raises $380 Million in Series C

Australian mining and energy company Fortescue has teamed up with electrolyzer startup Electric Hydrogen to supply 1GW of clean hydrogen projects. This collaboration is part of a new investment round led by Fortescue, aiming to accelerate the transition towards cleaner energy solutions.

Green hydrogen is a key part of achieving global decarbonization goals. With Fortescue leading the investment round, Electric Hydrogen is hoping to make a significant dent in reducing carbon emissions.

This alliance is a great step forward for the hydrogen sector. The backing from notable names like Bill Gates gives an additional stamp of approval and the financial boost needed to propel hydrogen technology to new heights.

What other partnerships in the clean hydrogen space have caught your eye recently?

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