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BP Inc. Investing in Advanced Ionics to Revolutionize Zero-Carbon Hydrogen Production
BP PlC has taken a significant step towards advancing the production of zero-carbon hydrogen by investing in a pioneering startup, Advanced Ionics. The British energy giant’s venture capital arm, BP Ventures, joined a group of esteemed investors in a $12.5 million Series A financing round for the U.S.-based technology company. This investment aims to harness the potential of cutting-edge technology that leverages vapour from heavy industry to drastically reduce the production costs associated with zero-carbon hydrogen. This innovative collaboration signals BP’s commitment to driving sustainable energy solutions and transforming the landscape of hydrogen production.


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