Thiozen, a Pasadena, CA-based company producing clean hydrogen from “sour gas” waste streams, received $3.2M in funding for its clean hydrogen project in Alberta, Canada.
The deal, administrated by Emissions Reduction Alberta (ERA) and Alberta Innovates, is part of an overall $57M commitment by the Government of Alberta to support 28 projects that advance the hydrogen economy, reduce emissions, and create jobs in Alberta.
The company intends to use the funds to install its proprietary technology at a gas processing site in Alberta.
Led by Ryan Gillis, Thiozen is an MIT spinout commercializing a process that can produce hydrogen from sour gas waste streams. By developing a low-cost, low-emission method of producing hydrogen, it helps meet the energy industry’s demand for clean, affordable hydrogen. Thiozen recently validated its technology in an in-field pilot unit in the Permian Basin.
The Thiozen project will produce zero-emission hydrogen, which will be used to decarbonize onsite operations as a way of finding economically viable ways to decarbonize remote industrial locations.
FinSMEs
02/07/2024