FORT WORTH, Texas–(BUSINESS WIRE)–Harnyss, LLC (“Harnyss” or the “Company”), the market leader in solid-state hydrogen storage technologies, announced today the closing of an equity investment from Riverbend Energy Group (“Riverbend”). This investment into Harnyss comes from Riverbend’s newest fund, Energy Transition (Fund X).
Harnyss provides safe, cost-effective, and clean energy hydrogen storage solutions to its customers. The Company’s patented metal hydride alloy formulations have the highest weight density in the market, offer high absorption and desorption kinetics at ambient temperatures, and are non-pyrophoric. The Company’s low pressure storage solution does not require balance of plant equipment, offering customers significant cost advantages and ease of operation. Additionally, Harnyss uses non-rare earth minerals that are abundantly available.
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