Equatic, a California-based hydrogen production group, secured $11.6 million in funding for its first 100-kilotonne carbon dioxide removal (CDR) commercial facility. The investment, led by Catalytic Capital for Climate and Health (C3H), will support the engineering scale-up and commercialization of Equatic’s seawater electrolysis technology, advancing net-zero pathways. Equatic aims to capture atmospheric carbon dioxide and produce green hydrogen in a single process.

Equatic has successfully deployed its technology at two pilot plants and is expanding with a demonstration plant in Singapore and a commercial-scale plant in Canada. The company was recognized as a CDR Purchase Prize semifinalist by the U.S. Department of Energy for its high-quality carbon credits and MRV practices. Equatic’s breakthrough in U.S. manufacture of oxygen-selective anodes enables scalable hydrogen production through direct seawater electrolysis. The company was also named a finalist for The Earthshot Prize for its innovative solutions to repair the planet. Equatic’s adoption of an ISO-14064 standard for MRV, validated by Isometric and Puro.earth, allows for high-quality CDR credits with transparency and auditability. Boeing and other large industrial companies are buyers of Equatic’s CDR credits.

Read more at Yahoo Finance: Green Hydrogen Production Group Closes on Major Investment