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17 Sep
13:56

Saudi Arabia’s Aramco funds hydrogen battery

Saudi Aramco raised a fund and contributed to Schlumberger New Energy's partnership with California-based company EnerVenue to develop metal-hydrogen stationary energy storage solutions, according to web portal Zawya. EnerVenue, the first company to offer metallic hydrogen batteries, has raised $100 million in Series A funding, led by Schlumberger New Energy and Saudi Aramco Energy Ventures (SAEV)- Aramco Ventures' capital programme, according to a stateme…
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