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The latest announcement is out from Clean Power Hydrogen PLC ( (GB:CPH2) ).
Clean Power Hydrogen PLC has successfully raised £6.1 million through a placing and subscription for new shares, constituting 22.9% of the company’s existing ordinary shares. This fundraising will support the company’s next phase of development, including the commercialization of its MFE220 unit and anticipated revenue generation in 2025, thus reinforcing its position in the green hydrogen market.
More about Clean Power Hydrogen PLC
Clean Power Hydrogen PLC (CPH2) is a UK-based company specializing in green hydrogen technology and manufacturing. They have developed the IP-protected Membrane-Free Electrolyser (MFE), targeting the green hydrogen industry for sustainable energy solutions.
YTD Price Performance: -35.23%
Average Trading Volume: 532,261
Technical Sentiment Consensus Rating: Buy
See more data about CPH2 stock on TipRanks’ Stock Analysis page.
