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Wiesbaden, Hesse 51–100 employees hy2gen.com
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Hy2gen
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About Hy2gen

Company Overview

Name

Hy2gen AG

Headquarters

Wiesbaden, Hesse, Germany

Founded

2017

Size

The number of employees is not publicly known; however, Hy2gen has raised a total of $280.64 million in funding over the past few years, including a recent round of $53.44 million in 2025 (source: cbinsights.com). Revenue for 2023 has not been disclosed.

What They Do

Hy2gen focuses on the production of green hydrogen through electrolysis and is expanding its offerings to include derivatives such as renewable ammonia, methanol, and e-kerosene. These products are developed, financed, built, and operated for decarbonization across various sectors, including mobility, industry, agriculture, maritime and terrestrial transport, and energy generation (source: cbinsights.com). Target markets include Europe, particularly Germany, France, and Norway, as well as North America, including Canada and the USA, with Hy2gen forming strategic partnerships with companies like Trafigura and Technip Energies to scale the production of e-fuels (source: hy2gen.com). Hy2gen has a project pipeline of 12 GW of electrolysis capacity in development, positioning the company as a leader in the industry (source: hy2gen.com).

Projects & Track Record

Hy2gen currently has several significant projects in development, including the Iverson eFuels project in Sauda, Norway, which includes a green ammonia production facility in partnership with Trafigura and Copenhagen Infrastructure Partners (CIP) (source: hy2gen.com). Other projects are underway in France, including the H2V Fos initiative in Fos-sur-Mer, aimed at producing sustainable aviation fuel (SAF) with an investment of €1.5 billion planned by 2030 (source: cbinsights.com). The geographical presence spans Germany, France, Norway, Canada, and the USA, with Hy2gen targeting strategic locations in these regions (source: hy2gen.com).

Recent Developments

In May 2025, Hy2gen announced a strategic co-venture with H2V to accelerate SAF production in Fos-sur-Mer, with a commitment of €1.5 billion by 2030 (source: cbinsights.com). The latest funding round raised $53.44 million, underscoring the company's financial health (source: cbinsights.com). Hy2gen has not reported any acquisitions or mergers in the past two years; however, the pipeline of 12 GW projects has been continuously advanced (source: squarespace.com).

Working There

Hy2gen offers positions in project development, sales, business development, technology, operations, engineering, and management. The company culture emphasizes growth and leadership in the green hydrogen and e-fuels sector, supported by strategic leadership roles and partnerships (source: hy2gen.com). The main employment is based at the headquarters in Wiesbaden, with projects in Germany, Norway, France, and the USA, where the Iverson project is expected to create several hundred jobs (source: hy2gen.com).

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