Ecolectro, Green Hydrogen Startup, Successfully Achieves Breakthrough Production and Efficiency Milestones
March 26, 2024 | 5 min read March 26, 2024 | 5 min read- New York-based Ecolectro’s breakthrough production rates of > 4A/cm2Â in their transformative anion exchange materials (AEM) electrolyzers effectively unlock attractive economics for green hydrogen production.
- The Company has demonstrated cell efficiencies of >74% at high hydrogen production rates, without using Iridium or Titanium components, enabling economic viability of electrolysis at different electricity costs.
- Toyota Ventures has led Ecolectro’s Series A with participation from Starshot Capital, New Climate Ventures, Techstars, Energy Revolution Ventures, and several other prominent investors. Proceeds will be allocated towards scaling stacks to 100kW and 1MW by the end of 2024 and 2025 respectively.