Hy2gen AG
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Hy2gen AG is an internationally operating company under German law that develops, finances, builds and operates plants for the production of renewable hydrogen, more commonly known as green hydrogen or RFNBOs, meaning green ammonia and hydrogen-based e-fuels worldwide.
| Public (AG) | |
| ISIN | 🆔DE000A289Y00 |
| Industry | Energy industry |
| Founded 📆 | 25.10.2017 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | Cyril Dufau-Sansot, CEO Bernd Hübner, CFO |
| Members | |
Number of employees | |
| 🌐 Website | https://hy2gen.com/ |
| 📇 Address | |
| 📞 telephone | |
History[edit]
Hy2gen AG was founded in Wiesbaden, Germany, on October 25th, 2017 by Cyril Dufau-Sansot, Bernd Hübner and Per-Christian Eder. The aim was to establish Hy2gen as the first international group for the production of green hydrogen and its derivatives on an industrial scale. A first investment in 2018 enabled Hy2gen to develop its business in Europe and North America. At the end of 2018, Hy2gen received the f-cell Award from Messe Stuttgart[1], which recognizes outstanding developments in the field of hydrogen and fuel cells. The award was given in recognition of Hy2gen's international collaboration with the Norwegian company Norsk AG H2 to promote the ramp-up of the hydrogen economy. In February 2019, Hy2gen Canada Inc., the company's first subsidiary, was created. In October of the same year, the internationally operating Dutch commodity trading company Trafigura joined Hy2gen as a shareholder. In parallel, COURANT, the first project for the production of green ammonia with 88 MW electrolyser capacity, was launched in Canada. Two months later, a second subsidiary, Hy2gen France SAS, was established in France. In June 2020, Hy2gen applied for subsidies from the French government for its two projects SUNRHYSE[2] and HYNOVERA[3]. SUNRHYSE's focus is on the production of green hydrogen, while that of HYNOVERA is on the production of sustainable aviation fuel (SAF). At the beginning of 2021, the company's project development pipeline to 2032 reached a total capacity of over 11 GW. In November 2021, the start of the FEED phase of the IVERSON[4] project marked the launch of the first project in Norway. IVERSON will produce green ammonia for use in shipping. At the beginning of 2022, Hy2gen received €200 million in financing from investors Hy24, Mirova, CDPQ and T.EN[5]. In July 2022, this was followed by the creation of Hy2gen Norge, Hy2gen's third subsidiary in Norway. Also in 2022, Hy2gen announced the start of its two projects NAUTILUS[6] and JANGADA[7], which are developed by the German subsidiary Hy2gen Deutschland GmbH, founded in September 2022. While NAUTILUS will produce green e-methanol for the shipping industry, JANGADA will produce sustainable aviation fuel for the aviation industry.
Projects[edit]
| Name | Location | Project Owner | Start of Development | Main Product |
|---|---|---|---|---|
| COURANT | Baie Comeau, Canada | Hy2gen Canada Inc. | 2019 | green ammonia |
| SUNRHYSE | Signes, France | Hy2gen France SAS | 2020 | green hydrogen |
| HYNOVERA | Gardanne, France | Hy2gen France SAS | 2020 | sustainable aviation fuel (SAF) / biodiesel |
| IVERSON | Sauda, Norway | Hy2gen Norge | 2021 | green ammonia |
| NAUTILUS | Friesoythe, Germany | Hy2gen Deutschland GmbH | 2022 | green e-methanol |
| JANGADA | Jänschwalde, Germany | Hy2gen Deutschland GmbH | 2022 | sustainable aviation fuel (SAF) |
References[edit]
- ↑ "f-cell award 2018 zeichnet die Produktion von grünem Wasserstoff aus". NOW GmbH (in Deutsch). Retrieved 2023-01-17.
- ↑ "Sunrhyse - l'hydrogène vert | Hy2gen France". Retrieved 2023-01-17.
- ↑ "Hynovera, première usine française de biocarburants à l'hydrogène vert". Les Echos Planète (in français). 2022-11-01. Retrieved 2023-01-17.
- ↑ Britz, Caroline (2022-02-04). "Hy2gen construit une usine d'ammoniac vert en Norvège | Mer et Marine". www.meretmarine.com (in français). Retrieved 2023-01-17.
- ↑ Jendrischik, Martin (2022-02-20). "Hy2Gen sammelt 200 Millionen, um E-Fuels-Produktion auszuweiten". Sauber in die Zukunft (in Deutsch). Retrieved 2023-01-17.
- ↑ Schwarz, Magnus (2022-05-05). "Hy2gen startet Projekt Nautilus". gwf-gas.de (in Deutsch). Retrieved 2023-01-17.
- ↑ "Hy2gen will SAF-Produktionsanlage in der Lausitz bauen". airliners.de (in Deutsch). Retrieved 2023-01-17.
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