HOUSTON--(BUSINESS WIRE)--Kaizen Clean Energy (“KCE”), announced today it has secured funding to accelerate commercial deployment of its hydrogen generators for distributed Battery Electric Vehicle (EV) charging, hydrogen Fuel Cell Electric Vehicles (FCEVs) fueling and standby power generation in the United States.
The funding positions KCE to deliver hydrogen generators to its customers in the second half of 2022.
Eric Smith, Co-CEO & Chief Commercial Officer said, “Last week’s passing of the US Infrastructure Bill underscores the bipartisan need for a solution that provides clean, reliable, and affordable distributed energy. KCE’s Hydrogen Generators help our clients accelerate their Zero Emission Vehicle deployments without having to rely on aging electric grids and traditional hydrogen solutions that lack reliable supply, don’t scale, and require capital-intensive infrastructure. Our funding allows clients the ability to secure leases of KCE’s Hydrogen Generators to show the versatility and economic benefits of this proven technology.”
KCE’s Hydrogen Generator reforms methanol to deliver on-demand ISO Grade hydrogen at the point of use, eliminating the high cost of transporting and storing compressed or cryogenic hydrogen. Clients can leverage our hydrogen generators and existing methanol bunkering across the U.S. to lower their delivered cost of hydrogen and utilize growing renewable methanol production to scale their Carbon Intensity to meet their requirements.
Stanfield and Dupre, Kaizen Clean Energy’s General Counsel, supported the financial transaction.
About Kaizen Clean Energy:
Founded in 2021, KCE is a future fuels-focused company, headquartered in Houston, TX, specializing in the design, development, and manufacture of hydrogen generators for distributed power generation and hydrogen production.
For more information about Kaizen Clean Energy, please visit www.kaizencleanenergy.com.