Published by Todd Bush on September 11, 2025
MOUNTAIN VIEW, Calif.--Peregrine Hydrogen today announced it has signed a Letter of Intent (LOI) with OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, to secure scale-up funding and offtake for its hydrogen technology.
“Our partnership with OCP Group is a critical step toward deploying this technology at scale and accelerating decarbonization in cost-sensitive sectors.”
Peregrine is developing a novel electrolyzer technology that co-produces clean hydrogen and sulfuric acid. In commodity industries, such as fertilizer, cost competitiveness is key and has hampered adoption of green technologies. Peregrine’s dual production method is set to change that.
>> In Other News: CORSIA Transforms Aviation Compliance Into Market Gold Rush
“Peregrine’s approach can deliver clean hydrogen at a significantly lower cost than existing methods,” said Matt Shaner, CTO of Peregrine Hydrogen. “Our partnership with OCP Group is a critical step toward deploying this technology at scale and accelerating decarbonization in cost-sensitive sectors.”
While Peregrine’s near-term focus is on the fertilizer industry, the company has plans to expand to other industries. “Peregrine’s co-production technology makes economic sense in a plethora of industries outside of fertilizer,” says Friðrik Lárusson, CEO of Peregrine Hydrogen. “We’re excited to share what we’re working on in the metals, oil, and natural gas industries. Stay tuned.”
To find out more, visit www.peregrinehydrogen.com
Peregrine Hydrogen’s proprietary technology co-produces the world’s lowest cost clean hydrogen and valuable sulfuric acid. While at Orca Sciences, co-founders Matt Shaner, Stefan Omelchenko, Ian McKay, and Friðrik Lárusson conceived the vision for producing cost-effective, clean hydrogen for hard to abate industries, by leveraging thermodynamically advantaged chemistries. Peregrine Hydrogen is backed by top investors – including Bidra, Builders, Gates Frontier, Presidio Ventures, RiSC Capital and Schox.
OCP is a global leader in the fertilizer industry, backed by almost a century’s production history. OCP has exclusive access to the largest phosphate rock reserve base in the world. It is one of the lowest cost producers of phosphate rock in the industry and has become a leading player in production and trade volumes across the phosphate value chain. OCP employs 21,000 people and contributes to regional development through its mining and fertilizer operations, and through its sustainability program.
For more information visit: www.ocpgroup.ma
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💧 Blue Hydrogen Just Won 2025: 10x More Than Green ✈️ Houston American Energy Advances Development of Sustainable Aviation Fuel ⛏️ Max Power Expands Natural Hydrogen Discovery Po...
Inside This Issue ⚡ Google's Power Play: First CCS Deal Reshapes Energy 🌎 True North Carbon's Tamarack Project, Canada's Largest Single-Technology Direct Air Capture Deployment, Achieves First Cap...
Inside This Issue 💰 The $27/ton Question: What Makes a Carbon Removal Credit Worth 3x More? 🛢️ EPA Issues Three Class VI Permits to ExxonMobil in Jefferson County, Texas 🌍 UN Endorses First Articl...
BILBAO, Spain — H2SITE, the deep-tech start-up revolutionizing high-purity hydrogen production through cutting-edge palladium membrane technology, is scaling up its industrial presence with project...
CCS+ Initiative and Puro.earth Join Forces to Integrate Carbon Credit Methodologies and Scale CCS
Today, the CCS+ Initiative and Puro.earth (Puro), a leading standard and registry for durable carbon removal, announced that they have signed a Memorandum of Understanding (MoU). Through this strat...
October 27, 2025 Company to supply critical compression equipment for ammonia production and CO2 transportation, and a steam turbine-driven power generation generator technology Facility to produ...
BUFFALO, N.Y., Oct. 27, 2025 /PRNewswire/ -- Buffalo Biodiesel Inc., a leading recycler of used cooking oil (UCO) and a pioneer in renewable feedstock production, recently announced that it has suc...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.