BP is investing in the hydrogen sector
BP backs US developer of low-cost electrolysers
Advanced Ionics’ water vapour technology could produce green hydrogen at scale for less than $1/kg, oil major says
BP has invested in Advanced Ionics, a US-based developer of “disruptive” water vapour electrolyser technology that it says has the potential to produce green hydrogen at scale for under $1/kg. The oil and gas major led a recently closed $12.5m funding round for Milwaukee-based Advanced Ionics, alongside other investors including US-based Clean Energy Ventures, Japan’s Mitsubishi Heavy Industries, and GVP Climate. “Advanced Ionics’ technology has the potential to drive down cost and disrupt the hydrogen market” said Gareth Burns, vice-president of BP Ventures. “BP has a global portfolio of hydrogen projects, and as the world transitions to a net-zero future, it is important to us to be invest
Also in this section
6 January 2026
Shifts in government policy and rising power demand will shape the clean hydrogen sector as it attempts to gain momentum following a sluggish performance in 2025
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
