"H2SITE seeks to provide distributed hydrogen on a small to medium scale, which is of high purity and low cost to users."
The winners of the Santander X Global Challenge "Countdown to Zero" were announced on 28th November, whereby H2SITE was recognised as the best scale-up
The winning projects have been awarded a total of €120,000, with €30,000 and €90,000 going to the winning start-ups and scale-ups, respectively. In addition, the winners will have the opportunity to present their projects to Formula 1executives, and work together with the EIT InnoEnergy Innovation Engine to carry out their growth plan.
Santander X "Countdown to Zero" stems from the collaboration between Banco Santander and Formula 1 to promote net zero emissions by 2030: it seeks to support and recognise innovative start-ups that are helping to improve the sustainability of the automotive industry. As in previous editions, the winning companies will enter the "Santander X 100", a global and exclusive business community made up of leading Santander X projects.
About H2SITE
H2SITE develops a technology that enables ammonia to be transformed into hydrogen at the end user's facilities, thus eliminating the transport process. The aim of this technology, which is unique in the world, is to be used in the production of renewable energy for the industrial and mobility sectors.
H2SITE seeks to provide distributed hydrogen on a small to medium scale, which is of high purity and low cost to users.
