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Is ammonia the fuel of the future?

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Investors like Monolith s renewable energy, green hydrogen technology

SK Inc Leads Investment in Monolith Materials to Accelerate Green Energy Growth

Monolith Materials Receives Investments from SK Inc and NextEra Energy Resources

Share this article Share this article LINCOLN, Neb., June 3, 2021 /PRNewswire/  Monolith Materials, Inc., a leader in green hydrogen production, today announced it has received new investments from a consortium of investors led by SK Inc. and includes NextEra Energy Resources, LLC and Perry Creek Capital. This round also included additional investment from current Monolith funders Azimuth Capital Management, Cornell Capital and Warburg Pincus. These investments are the latest in a series of recent growth announcements for Monolith as it garners additional support for its innovative commercial-scale, clean hydrogen manufacturing technology. Monolith Materials is the first U.S. manufacturer to produce an industry-transforming hydrogen known as green hydrogen on a commercial scale using its proprietary methane pyrolysis process.

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