Climate solution: Green hydrogen company Ohmium raises $250M

An engineer works Tuesday in the research and development area at the Ohmium manufacturing facility in Chikkaballapur, outside Bengaluru, India. (AP Photo/Aijaz Rahi)

In what could prove a milestone for an industry that hopes to help address climate change, the Silicon Valley company Ohmium announced Wednesday it has raised $250 million to increase production of machines that can make clean hydrogen and displace fossil fuels.