
Elcogen AS
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Investment size
£20m
Date announced
May 2022
Co-investors
Biofuel OÜ, VNTM Powerfund II
Category
Supply chain
Why invested
Visit Elcogen website
- Amongst the world’s most advanced solid oxide specialists, with lower than-normal operating temperatures and superior economics
- Developed a reversible ceramic technology that can convert hydrogen into emission-free electricity and vice versa
- +10 year track record; over 60 established industrial customers worldwide