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🗞️ Driving the news: Green hydrogen startup Supercritical Solutions raises £14M Series A, co-led by Shell Ventures
• Funding also includes Toyota Ventures, Lowercarbon Capital, and Anglo American Platinum
• Supercritical develops high-pressure, ultra-efficient electrolysers to lower green hydrogen costs
🔭 The context: The company’s electrolyser delivers hydrogen at over 220 bar pressure with 99% purity
• It achieves efficiency with as little as 42kWh/kgH2, reducing operational costs significantly
• Avoids PFAS, membranes, iridium, and rare earth metals, making it more sustainable
🌍 Why it matters for the planet: Supercritical aims to cut green hydrogen costs to under £1/kgH2 this decade
• Enables industries to transition from grey to green hydrogen cost-effectively
• Investors see potential in Morocco’s green hydrogen push, supporting its role in the energy transition
⏭️ What's next: Supercritical opens a waiting list for companies pursuing net-zero goals
• With strong demand, it seeks to scale its technology globally for wider adoption
• CEO Matt Bird sees this as a turning point in shifting industries beyond fossil fuels
💬 One quote: “Supercritical strides forward in green hydrogen due to its highly differentiated solution.” — Matt Bird, CEO
📈 One stat: Supercritical’s technology could slash green hydrogen production costs below £1/kgH2 this decade
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