H2SITE Raises $37 Million to Scale Up Hydrogen Transport Solution

H2SITE, a Spanish hydrogen technology startup, has raised €36 million ($37.2 million) in Series B funding to increase its hydrogen production capacity. The company focuses on hydrogen transport solutions by converting carriers and separating gas blends into pure hydrogen. The funds will support large-scale infrastructure projects, particularly in ammonia cracking and maritime decarbonization. The funding round was co-led by Hy24 and SC Net Zero Ventures. Resources: https://www.esgtoday.com/h2site-raises-37-million-to-scale-up-hydrogen-transport-solution/