Siemens Energy Ventures is a minority investor in GeoPura alongside GM Ventures, Barclays Sustainable Impact Capital and SWEN CP through its fund SWEN Impact Fund for Transition 2.
GeoPura provides hydrogen-fuelled clean energy to enable its customers to decarbonize their consumption of temporary, backup, off-grid, and grid augmentation energy.
It utilizes its proprietary Hydrogen Power Unit(“HPU”) in collaboration with Siemens Energy (UK) and a network of hydrogen production sites.
The GeoPura solution uses renewable energy, normally solar PV or wind, to create hydrogen for use as a fuel. This fuel is then transported to locations where a transportable “hydrogen power unit” converts it to electrical power. From start to finish the process is clean and carbon free – the only by-product is pure water.
By replacing fossil fuels with zero emission alternatives in power generation applications, the GeoPura Hydrogen Power Unit can be utilized in current high-use diesel industries such as construction, infrastructure, outdoor events, EV charging and back-up power. GeoPura generates hydrogen and transports the fuel to customers for use in its HPUs – customers simply rent the units and pay for the fuel used. Current sustainability-driven customers include Balfour Beatty, HS2, National Grid and the BBC.
Green hydrogen is too often seen as a technology that will happen in the future, but GeoPura and our partners are delivering a commercially viable technology, today. The world can’t afford to wait a decade for green fuels to scale – we must act now. With the support of our investors we can help turn the market on its head and build a green hydrogen economy this decade, not next.Andrew Cunningham, CEO of GeoPura
In 2021, broadcast history was made with the with the BBC by powering live TV with 100% clean energy.
Most recently, an HPU was utilised during a maintenance outage at Uniper’s Cottam Development Centre (CDC) natural gas plant in Nottinghamshire. As the main contractor, Siemens Energy used the HPU to power the outage village, including welfare facilities and EV charging for all electric vehicles on site.
GeoPura and Siemens Energy have worked together since GeoPura’s launch in 2019. Initially starting as a venture building project, this developed into a commercial collaboration agreement before being formalized with an investment during GeoPura’s Series A funding round.
Our facility in Newcastle, UK is home to the manufacturing of the Hydrogen Power Units and provides engineering support services and office and industrial space to GeoPura.