Amazon is backing green hydrogen
Amazon invests in electrolyser firm Sunfire
German manufacturer to use investment from Amazon’s Climate Pledge Fund to support production scale-up
Amazon has made its first investment in the European green hydrogen sector by backing German electrolyser manufacturer Sunfire with capital from its $2bn Climate Pledge Fund. Sunfire, which is focused on pressurised alkaline electrolyser (AE) and solid-oxide electrolyser technology, says it will use the funds from Amazon to scale up its production. “We are proud to welcome Amazon as our investor and look forward to working with a company that has such ambitious climate targets,” says Sunfire CEO Nils Aldag. “With Amazon’s help, we want to further scale up our production capacity.” The size of Amazon’s investment was not disclosed. “With Amazon’s help, we want to further scale up our pr
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
