Tuesday, March 10, 2026

Amazon invests in green hydrogen companies

Amazon’s $2 billion Climate Pledge Fund, known for its early investments in companies like Rivian and BETA Technologies, is now accelerating efforts to decarbonize global operations through green hydrogen.The Climate Pledge Fund announced new investments in Electric Hydrogen and Sunfire, two of the most promising U.S. and European-based developers of electrolyzers, a key technology that makes emissions-free green hydrogen using water and renewable electricity.

Sunfire electrolyzers enable the transformation of energy-intensive sectors such as the chemical, fuel, and steel industries.

Photo by Sunfire

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