JERA Americas invests $18M in Hydrogenious LOHC Technologies

In Germany, JERA Americas Inc. announced an agreement to invest almost $18 million in Germany-based Hydrogenious LOHC Technologies GmbH. The investment was led by JERA Americas with Temasek, Chevron Technology Ventures, and Pavilion Capital as additional investors.

Hydrogenious LOHC, founded in 2013, said its proprietary technology and industrial-scaled plants enables flexible, safe, easy and efficient transportation and storage of hydrogen in conventional fuel infrastructure – all within ambient conditions.

The world’s largest LOHC plant is being built by Hydrogenious LOHC in Dormagen, Germany, and is expected to start operations in 2023. Carriers such as the kind produced by Hydrogenious LOHC are an essential part of making low carbon fuel available to these facilities, and allowing for the production of large-scale, zero carbon reliable energy, the company said.