BP Invests in Hysata's $111M Green Hydrogen Technology Round
BP(BP) zacks.com·2024-05-17 02:31
BP plc’s (BP) unit, BP Ventures, established over 12 years ago to access disruptive technologies and innovative business models in the renewable energy sector, has consistently aimed to deliver strategic value for BP. In line with this objective, BP Ventures has co-led a $111.3 million Series B investment round in Australian electrolyzer manufacturer Hysata alongside Templewater.Both BP Ventures and Templewater invested $10 million in the promising green hydrogen startup, aiming to accelerate the global tra ...