Published by Todd Bush on December 19, 2023
MILWAUKEE--(BUSINESS WIRE)--Advanced Ionics, the low-cost green hydrogen electrolyzer developer focused on accelerating decarbonization, announced today it has added John Jung as President and Chief Operating Officer and Ignacio Bincaz as Chief Commercial Officer to its leadership team. The new executives will support the global growth of the company, expand manufacturing capabilities, and launch next-generation pilot programs. These appointments follow the company’s successful Series A round earlier this year.
Mr. Jung will manage and handle Advanced Ionics’ business operations and oversee growth in the U.S. and globally. Previously, Mr. Jung was the President of Energy Vault Solutions (NYSE: NRGV) and led Greensmith Energy as Founder, President and CEO, from concept to a global industry leader in turnkey energy storage solutions before its acquisition to Wärtsilä.
In his new role, Mr. Bincaz will be responsible for leading the company’s commercial strategy and developing initiatives that drive revenue growth. Mr. Bincaz will be instrumental in working with leaders in ammonia, petrochemical, nuclear and steel, where his expertise will help connect Advanced Ionics’ value with existing customer processes. Prior to his role at Advanced Ionics, Mr. Bincaz served as the Head of North America for H2Pro and a Senior Vice President at Worley, Inc.
“John and Ignacio join us as the right leaders at precisely the right time. Their combined operational and commercial capabilities set us up to expand rapidly and deploy what we believe will be the strongest solution in the market,” said Chad Mason, CEO of Advanced Ionics. “We will continue to build on the momentum from this year – including our Series A and technical progress – to make the promise of green hydrogen a cost-effective reality for our industrial customers.”
Advanced Ionics has developed a water vapor electrolyzer that reduces the capital expense and electricity requirements for green hydrogen production by harnessing available industrial heat sources without the need for critical minerals.
For more information, visit https://advanced-ionics.com/.
At Advanced Ionics, we’ve created a green hydrogen platform that allows industrial hydrogen producers and users to achieve sustainability, without sacrificing profit. We combine our Symbiotic™ Electrolyzer technology with our customers’ onsite process heat to produce green hydrogen for less than a dollar per kilogram. We’re proudly headquartered in Milwaukee, WI.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔋 Why $1.7B Is Betting on Fuel Cells Over Nuclear for AI 🍁 Air Canada and Airbus Launch Joint Initiative to Scale Domestic Canadian SAF and Help Reduce the Life-Cycle Emissions o...
Inside This Issue 🍁 Alberta Cuts Carbon Costs to Fast-Track Pathways CCS 🏛️ EU Unveils Sweeping ETS Overhaul With €100 Billion Industrial Decarbonisation Bank 🌱 Consultation: Major Revision to Bio...
Inside This Issue 🔋 IDF, Oaktree to Invest $1.7 Billion in Bloom Energy Fuel Cells for AI Infrastructure 🌬️ Airhive Acquires Carbyon, Creating a European Leader in Low-Cost Direct Air Capture Tech...
Sustainable aviation fuel (SAF) could become a major driver of Canada's industrial and economic growth, while contributing to the global aerospace industry's aspirational goal to achieve 'net-zero ...
Turkish Airlines Joins SAFFA Fund
NEW YORK -- Turkish Airlines, the airline that flies to more countries than any other airline, signed an agreement to participate in SAFFA Fund I, LP (SAFFA Fund or Fund), an investment fund manage...
JERA Co., Inc. (JERA), a global energy leader and Japan's largest power generation company, today announced that it has signed a Memorandum of Understanding (MoU) with Samsung C&T Corporation (...
ZeroAvia and Safran Forge Partnership on Hydrogen-Electric Technologies
ZeroAvia and Safran have announced the launch of a collaboration dedicated to hydrogen-electric propulsion technologies for aviation. This partnership combines ZeroAvia’s cutting-edge expertise in ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.