Cleanteach company Hydrogenious LOHC Technologies will deploy commercial systems into landmark hydrogen projects around the world, after a successful funding round.
Hydrogenious’ LOHC technology provides a safe, low cost means of bulk hydrogen storage and transportation, establishing the critical link between supply and demand on a regional, national, and international level.
Presently, global decarbonisation and the widespread growth of the hydrogen industry is constrained by the inability to safely and efficiently store and transport large volumes of hydrogen. Governments and businesses are searching for solutions which avoid significant investment into new storage, transport and liquification infrastructure, and limit risks associated with potentially toxic or dangerous alternatives.
Hydrogenious’ Liquid Organic Hydrogen Carrier (LOHC) technology bonds hydrogen to a non-toxic, non-flammable liquid, making it suitable for safe, efficient transportation and distribution. As the hydrogen can then be stored and transported using existing fossil fuel infrastructure, it allows hydrogen to be generated and transported at scale.
CEO and founder Dr Daniel Teichmann said: “There was tremendous demand for a stake in our company. This demonstrates that our proprietary Liquid Organic Hydrogen Carrier technology is recognized as the missing link for global deployment of sustainable hydrogen infrastructures. We are at the forefront of hydrogen technology, providing solutions for a rapid energy transition.
“There is a strong conviction in the competitive positioning of our LOHC compared with other hydrogen carriers such as liquid hydrogen, compressed hydrogen and ammonia. Together with our existing and new partners we will make large-scale green hydrogen transport and supply a reality to decarbonize industry and mobility worldwide.”