Cyril DUFAU-SANSOT
CEO
Hy2gen
HY2GEN AG develops and operates plants that produce renewable hydrogen and hydrogen-based e-fuels using water electrolysis and advanced synthesis technologies. The company addresses the need for decarbonization in hard-to-abate sectors by providing zero-emission energy carriers for industry, transport, and power generation.
- Clean Technology
- Energy
Updated 7 months ago
Funding
Raised to date
$226.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Bernd Hübner
CFO
Product
Problem
Many industries struggle to decarbonize operations due to the difficulty of reducing emissions in sectors like long-haul transport, power generation, and chemical production. Traditional methods are insufficient for significantly lowering emissions in these hard-to-abate areas.
Solution
HY2GEN AG develops and operates plants that produce renewable hydrogen and hydrogen-based e-fuels, such as renewable methanol, ammonia, and e-kerosene (SAF+), using water electrolysis and advanced synthesis technologies. The company implements a Design – Build – Own – Operate (DBOO) model across all projects to ensure continuous knowledge exchange between operations and plant design. By using 100% renewable energy sources, HY2GEN produces carbon-free hydrogen that can be used to decarbonize various sectors and improve air quality. The company's production sites are strategically located within industrial ecosystems to benefit from circular economies and economies of scale, utilizing resources like renewable electricity, process steam, CO2 feed, and water.
Target Audience
The primary customers are in industries such as long-haul transport, power generation, chemicals, and other energy-intensive sectors seeking to decarbonize their operations.
Features
- Production of renewable hydrogen via alkaline electrolysis or polymer electrolyte membrane (PEM)
- Development of renewable fuels of non-biological origin (RFNBOs)
- Implementation of circular economy principles to maximize resource efficiency and minimize waste
- Utilization of state-of-the-art technologies, including water electrolysis, Fischer-Tropsch, and biofuel synthesis
- Production sites located within industrial ecosystems to leverage local resources and infrastructure
- Capability to produce renewable hydrogen and its derivatives, including renewable methanol, renewable ammonia, and e-kerosene (SAF+)