Renewable Hydrogen Producer Ways2H Announces Strategic Investment by Pacific6 Enterprises
By Robin Whitlock | Waste 360 | October 26, 2020
A developer of solutions that convert waste into renewable hydrogen fuel for mobility, microgrids and power generation, Ways2H, has announced it has closed an investment from Pacific6 Enterprises, based in Long Beach, California.
Ways2H uses a patented thermochemical process to produce clean hydrogen fuel from municipal solid waste, wastewater sludge, plastics and/or other waste materials, without incineration. The process is net-zero carbon by itself and carbon-negative when paired with carbon capture and storage.
The company began operations in 2019 with an initial ‘friends and family’ investment round led by Dennis Poulsen, a former chairman of the Los Angeles Chamber of Commerce and CEO of Rose Hills Inc.
“Solutions to convert waste into clean energy are needed now more than ever, to address two current crises: climate change and our growing waste problem” said founding partner John Molina. “Ways2H offers an elegant solution that produces renewable hydrogen while responsibly disposing of waste and has the ability to scale. I look forward to working with the team to accelerate our vision for the future of clean energy.”
Pacific6 Enterprises, a Long Beach-based social benefit investment firm, holds interests in health care, local media, aquaculture and real estate. The firm supports the development of numerous projects and companies that have the potential to make a significant positive social,
environmental and economic impact.
Ways2H is working to complete its first two commercial waste-to-hydrogen production facilities
in Japan and California and build out its global pipeline of facilities in Europe, Asia and the Americas. A third project is already planned in Pune, India.
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