Green Hydrogen Startup Ohmium Raises $250 Million to Replace Fossil Fuels
- Ohmium has raised $250 million to increase production of machines that can make clean hydrogen and displace fossil fuels.
- Burning hydrogen can substitute for burning coal, oil or gas without contributing to climate change.
- Ohmium makes electrolyzers, the devices that take water and split it into hydrogen and oxygen.
- Ohmium plans to make enough electrolyzers each year to supply 2 gigawatts’ worth of hydrogen.
- Countries and industries are setting ambitious targets to cut carbon dioxide from heavy manufacturing using hydrogen.
Reuters 
