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Hy2gen

Hy2gen

Hy2gen develops, finances, builds and operates plants producing renewable hydrogen and power-to-X fuels for industrial and aviation buyers.

: Company
: 2017
: Wiesbaden, Hessen, DEGermany

Hy2gen develops, finances, builds and operates the plants that make its fuels, applying a design-build-own-operate model across its projects rather than supplying equipment to others. Its product slate covers low-carbon hydrogen and its derivatives, including low-carbon ammonia, low-carbon methanol and e-kerosene, supplied as renewable fuels of non-biological origin and other power-to-X fuels.

The company differentiates on owning its production sites and siting them inside industrial ecosystems that can supply renewable electricity, process steam, CO2 and water, and it combines water electrolysis with Fischer-Tropsch and biofuel synthesis to tailor each plant. The low-carbon hydrogen it produces is aimed at decarbonising hard-to-abate sectors, including long-haul transport, power generation, chemicals and other energy-intensive industries.

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Quick Facts

Who are Hy2gen's competitors?

Companies similar to Hy2gen include HyGen Industries, Electric Hydrogen, Sunfire and Hysata.

When was Hy2gen founded?

Hy2gen was founded in 2017.

Where is Hy2gen's headquarters located?

Hy2gen's headquarters is located in Wiesbaden, Hessen, DE.

How much disclosed funding has Hy2gen raised?

As of the latest available date, Hy2gen has disclosed funding of $278M (USD). Undisclosed round amounts are excluded.

Classification

Industry: Green Hydrogen
Ownership: Private equity-backed
Technology: Electrolysis
Geographic Exposure: Europe
North America

Model: B2B
Revenue: Services
Customer: B2B

Tags: Green Hydrogen