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  • Battolyser Systems

    Company Overview

    Battolyser Systems

    Schiedam, Netherlands

    2018

    Approximately 75 employees in 2023, with plans to grow to 100 employees by the end of the year (source: eib.org). No public revenue figures available for 2023 or later, as it is a private company (source: cbinsights.com).

    What They Do

    Battolyser Systems focuses on developing an integrated battery-electrolyzer system that utilizes patented nickel-iron (NiFe) electrodes. This system enables seamless switching between electricity storage, such as a battery, and the production of green hydrogen through electrolysis when fully charged. The system's efficiency can reach up to 90%, even at low loads down to 80% (source: battolysersystems.com). Their products include modular Battolyser systems, including a 5MW/MWh skid-mounted unit that will be available in Q2 2025, and a 25MW module for installations ranging from 10-500 MW, aimed at achieving the lowest levelized cost of hydrogen (LCOH) (source: battolysersystems.com). Target markets include industrial decarbonization, power plants, and renewable energy integration in Europe and the US, serving large industrial clients, SMEs, and off-grid projects that require 100% green hydrogen without interruptions (source: battolysersystems.com).

    Projects & Track Record

    One of Battolyser's notable projects is the industrial pilot at RWE's Magnum power plant in Eemshaven, Netherlands, which was installed in May 2023. This pilot utilizes the latest generation of hydrogen technology for generator cooling tests and became operational in 2023, with an analysis taking place in 2024 and a conclusion in 2025 (source: benelux.rwe.com). An earlier pilot operated at a gas-fired plant of Vattenfall, scaling MWh/MW demonstrations (source: battolysersystems.com). Additionally, there are ongoing efforts for a 2MW/MWh design with smart grids, hydrogen compression, and a refueling station (source: battolysersystems.com). Key customers and partners include RWE, Vattenfall, and the European Investment Bank, all contributing to the company's growth and development (source: benelux.rwe.com).

    Recent Developments

    In the past two years, Battolyser secured a €40 million financing agreement with the European Investment Bank in 2023, supported by an InvestEU guarantee, to scale up production in Rotterdam for commercial stacks, with rollout beginning in 2024 (source: eib.org). The company went commercial in June 2021 but accelerated its activities with the installation of the RWE pilot in 2023 and operations in 2024 (source: battolysersystems.com). Total investments amounted to $42.42 million by mid-2025, including recent rounds (source: cbinsights.com). The merger with VDL Hydrogen Systems in July 2025 marked a significant consolidation for growth (source: cbinsights.com).

    Careers

    Battolyser Systems is looking for technical roles in R&D, including electrochemical characterization, stack testing, and material analysis, as well as multiphysics engineering using Ansys tools. The company also has general roles available, including strategists, with CEO Mattijs Slee emphasizing team building for growth from 75 to over 100 employees (source: battolysersystems.com). The open positions are focused on the headquarters in Schiedam and the production facility in Rotterdam, as mentioned in the commercialization push of 2021 for technical and general staff to support the transition from pilots to commercial operations (source: eib.org). The company culture is characterized by purpose-driven leadership, collaboration in project scoping, and rapid growth in a startup environment, supported by investors such as Koolen Industries (source: battolysersystems.com).

    Contact


    Last updated on 2026-01-02 | Report an issue

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