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Power-to-Gas Hungary
AddedFeb 16, 2024
UpdatedJun 18, 2026
Power-to-Gas Hungary

Power-to-Gas Hungary

Power-to-Gas Hungary Kft: A 2016 start-up innovating in utility-scale energy storage, grid balancing, and carbon reuse.

HQ
Chicago, IL, US
Founded
2016
Overview
Compare
Fundraising
Employees
Website

Founded in 2016, Power-to-Gas Hungary Kft. is an innovative technology startup focused on developing commercially viable solutions for utility-scale energy storage, grid balancing, and carbon reuse. The company leverages power-to-gas technology to convert surplus electricity into bio-methane, which can then be fed back into the natural gas grid. Their core mission is to provide cost-efficient industrial decarbonization and renewable energy integration, aiming to enhance both environmental and economic performance.

Power-to-Gas Hungary is notable for being the first energy company in Central Europe to integrate Carbon Capture & Utilization (CCU) with Power-to-Gas (P2G) technologies. This integration reduces deployment costs and improves overall efficiency. The company has made significant strides in the field of renewable natural gas, contributing to the broader goals of reducing carbon emissions and promoting sustainable energy solutions. Their innovative approach has positioned them as a key player in the renewable energy sector in Central Europe.

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Power-to-Gas Hungary - Quick Facts

Who are Power-to-Gas Hungary's competitors?

Companies similar to Power-to-Gas Hungary include EnergyTech Innovations, ESG Clean Energy, EuroSite Power and Power to Hydrogen.

When was Power-to-Gas Hungary founded?

Power-to-Gas Hungary was founded in 2016.

Where is Power-to-Gas Hungary's headquarters located?

Power-to-Gas Hungary's headquarters is located in Chicago, IL, US.

When was Power-to-Gas Hungary's last funding round?

Power-to-Gas Hungary's most recent funding round was for $1.6M (USD) in December 2017.

How much has Power-to-Gas Hungary raised to-date?

As of Dec 20, 2017, Power-to-Gas Hungary has raised a total of $1.7M (USD).

How many employees does Power-to-Gas Hungary have?

Power-to-Gas Hungary has 30 employees as of Feb 4, 2024.

Power-to-Gas Hungary - Classification

Ownership
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • Europe
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Bio-Methane
Tags
  • Energy
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 3 more industry codes
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services