Denmark – Yara Growth Ventures, a subsidiary of the global fertilizer producer Yara, has made strategic investment in Dynelectro, a company focused on advancing solid oxide electrolysis (SOE) technology.
The primary goal of Yara Growth Ventures’ investment in Dynelectro is to accelerate the development of technologies that can efficiently produce renewable hydrogen and e-fuels through SOE. By overcoming the lifetime issues associated with SOE systems and enabling integration with intermittent renewable electricity, the investment seeks to make low-cost renewable hydrogen a reality, driving progress towards a sustainable energy future.
SOE lifetime increase
Dynelectro’s approach aims to increase the lifetime of SOE systems from typically 2 to 10 years. This not only enhances the durability of SOE technology but also facilitates its integration with intermittent renewable electricity sources, addressing a key requirement for large-scale adoption.
The collaboration between Yara Growth Ventures and Dynelectro holds the potential to drive substantial reductions in greenhouse gas emissions, particularly in the fertilizer production sector.
