Helena Tavares Kennedy of Biofuels Digest writes about the Ways2H investment by Pacific6 Enterprises.
Pacific6 Enterprises Invests in Ways2H Waste-to-Hydrogen Development
By Helena Tavares Kennedy | Biofuels Digest | October 28, 2020
In California, Pacific6 Enterprises has invested in Ways2H, developing technology to produce waste-based hydrogen fuel for mobility, microgrids and power generation. 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.
What’s happening now and next: 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.
The backstory: 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.
Why Big? Everyone loves a) hydrogen technology at scale and b) investing in EVs in the early-rounds. Here Ways2H and Pacific6 have broken the lock that EVs have on early-stage funding.