BayoTech, an innovative on-site hydrogen production company, announced today that it has joined the California Hydrogen Business Council (CHBC) Board of Directors, an advocate for hydrogen and fuel cells in California.
An Albuquerque energy company recognizes getting a fleet of hydrogen vehicles off the ground requires complex equipment. To make such an investment easier, BayoTech Inc. plans to partner with a Canadian company to market compatible infrastructure to generate and store hydrogen on-site.
An Albuquerque startup expects to deploy its first commercial fleet of compact, mobile hydrogen generators to customers worldwide this year, backed by $157 million in new equity from private investors.
BayoTech, Inc., a global leader in on-site hydrogen production, today announced it has received an equity investment of up to $157 million from Newlight Partners LP, a growth equity investor, with participation from existing investors Cottonwood Technology Funds, Sun Mountain Capital and new investor Fortistar.
In honor of the 6th annual National Hydrogen and Fuel Cell Day, BayoTech and New Mexico Gas Company (NMGC) are excited to announce a collaborative agreement to explore opportunities to develop New Mexico’s hydrogen economy and establish the state as a hydrogen hub for the US.