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A Colorado startup is playing a part in providing a key piece of the puzzle of fueling sectors of the economy that are hard to "decarbonize," such as shipping, steel-making and other heavy industrial uses. NovoHydrogen in Golden has secured a $20 million equity from an investment company and was selected by the U.S. Department of Energy to participate in one of seven regional hubs for the development of hydrogen as an energy source.
A Colorado startup is playing a part in providing a key piece of the puzzle of fueling sectors of the economy that are hard to "decarbonize," such as shipping, steel-making and other heavy industrial uses.NovoHydrogen in Golden has secured a $20 million equity from an investment company and was selected by the U.S. Department of Energy to participate in one of seven regional hubs for the development of hydrogen as an energy source.