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 🌱 Holcim Invests in Sublime Systems to Scale Up Innovative Low-carbon Technology ⚡ New Technology Transforms Captured Carbon Into Clean Energy Source 🚗 Say Goodbye to EVs – This ...
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Hyundai Motor Company and Škoda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague Both parties to cooperate in establishing a hydrogen economy and...
UNDO Lands Groundbreaking Carbon Removals Financing Deal in 'Global First'
UK carbon removal start-up UNDO has secured an innovative debt financing deal, supported by significant corporates like British Airways and Standard Chartered, to accelerate the expansion of its en...
Say Goodbye to EVs – This Water-Hydrogen Engine Will Change Everything in Automotion
Honda launches a model identical to the Dodge Challenger – here’s when you can buy it Neither Toyota nor Hyundai – JD Power confirms the list of most reliable cars on the US market. Chevy an...
New Technology Transforms Captured Carbon Into Clean Energy Source
Researchers from Tokyo Metropolitan University have developed an innovative electrochemical cell that efficiently converts captured carbon dioxide (CO2) into formate, a green fuel. This new system,...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.