The investment supports Monarch Energy’s mission to decarbonize the existing ~$20B annual hydrogen production market.
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Monarch Energy provides project development, contract negotiation, acquisitions and financing to bring green hydrogen projects to market. The seasoned leadership team at Monarch Energy uniquely understands the needs of both hydrogen commodity buyers and power project owners and leverages that knowledge to deliver financeable projects to long-term ESG investors.
“Our shared goal of achieving a cleaner energy future through new and innovative uses of renewable energy makes Monarch a natural fit,” said Michael McNamara, Chief Executive Officer and Co-Founder of Lancium. “We believe that green hydrogen production will play an important role in the transition towards net zero emissions.”Currently, greater than 95 percent of the hydrogen produced for…