Small Singapore businesses make big US expansion plans
Elysia Tan
WHILE some may take the gloomy economic climate as an invitation to hold back, local companies SunGreenH2 and Flexxon believe that it is now all the more important for them to make their mark. The winners at the 2022 SelectUSA Investment Summit are setting their sights on expanding in the United States.
SunGreen H2
Hydrogen is mostly derived from fossil fuels and natural gases today, but there is the emerging lower-carbon alternative of green hydrogen, produced by electrolysis and powered by renewable energy. Cleantech startup SunGreenH2 uses a “unique set of materials and nanostructures” to make electrolyser components that increase efficiency and lower the cost of this electrochemical water splitting.
This technology is particularly relevant in the context of rising energy prices, chief executive officer and co-founder Tulika Raj said.
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