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Latest news from HydrogenOne Capital


Detailed zoning plan for Gen2 Energy’s hydrogen facility in Mosjøen approved

30 March 2023
The Municipal Council in Vefsn municipality today unanimously approved the detailed zoning plan for Gen2 Energy’s hydrogen facility in Mosjøen. An approved zoning plan for a large-scale plant for production of compressed green hydrogen represents the achievement of a significant milestone.

HH2E confirms purchase of 120MW of electrolyzer equipment from Nel.

15 March 2023
HH2E AG, the fast-growing green energy company in Germany signed a firm contract with Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL) for the purchasing of 120 MW of alkaline electrolyser equipment. The value of the contract is approximately EUR 34 million.

Sunfire launches serial production

7 March 2023
Energy-intensive industries are increasingly opting for green hydrogen as part of their decarbonization efforts – however, the necessary equipment to produce the gas is still in short supply. Sunfire is now one of the first companies to start series production of electrolyzers. To this end, the Dresden-based manufacturer is automating its most important production step: electroplating.

Strohm launches Field Service Group following contract wins worth more than EUR30 million

21 February 2023
Strohm, the world’s first and leading producer of Thermoplastic Composite Pipe (TCP), has launched the Field Service Group (FSG), following contract wins worth in excess of EUR30 million after supplying more than 70 jumpers under its Jumper on Demand model.

NanoSUN and H2 Hauler Form Strategic Hydrogen Transport and Storage Partnership

16 February 2023
NanoSUN and H2 Hauler sign a memorandum of understanding to deliver hydrogen transport, storage and dispensing for temporary site applications using NanoSUN’s innovative hydrogen refuelling solutions.

Controls/Intervention Specialist Launches Renewables Division as 8-Figure Contract Announced

15 February 2023
Aberdeen-headquartered TIS Manufacturing is in the midst of a period of significant growth, as it launches its renewables division from a new manufacturing facility.

Progress within Kopernikus P2X research project: High-temperature electrolyzer successfully commissioned

7 February 2023
Renewable fuels and chemical products, produced from renewable electricity and CO2, are considered a promising climate-neutral solution for the chemical industry and mobility. To produce these raw materials, the Dresden-based hydrogen company Sunfire develops one of the most efficient co-electrolysis technologies.

Investment in first green hydrogen project, at Thierbach in Germany

26 January 2023
HydrogenOne, the first London-listed fund investing in clean hydrogen for a positive environmental impact, is pleased to announce its first investment commitment in a green hydrogen supply project (the "Thierbach Project" or "Thierbach").

Sunfire and Vitesco Technologies become strategic partners

12 January 2023
Sunfire is using the automotive supplier’s expertise to transfer its hydrogen technologies to industrial serial production. This opens a new chapter for both companies.

MOU with Korea Shipbuilding and Offshore Engineering and Fraunhofer Institute for Ceramic Technologies and Systems

9 January 2023
Elcogen, the European manufacturer of clean energy technology that delivers affordable green hydrogen and emission-free electricity, is pleased to announce the signing of a Memorandum of Understanding (“the MOU”) with Korea Shipbuilding and Offshore Engineering (KSOE), a member of Hyundai Heavy Industries Group (“HHI Group”), and the Germany based Fraunhofer Institute for Ceramic Technologies and Systems (IKTS).

Gen2 Energy and SEFE Group sign an agreement for the potential supply of green hydrogen

6 January 2023
Gen2 Energy AS and SEFE Group have signed a Memorandum of Understanding (MOU) to pursue an offtake agreement for compressed green hydrogen.

HH2E initiates purchase of 120MW of electrolyzer capacity from Nel.

6 January 2023
It will be the largest order of electrolyzer capacity for green hydrogen production in Germany to date.

Gen2 Energy and Umoe Advanced Composites sign contract for development and purchase of containers for large scale transport of green hydrogen

20 December 2022
Gen2 Energy and Umoe Advanced Composites AS (UAC) have signed a contract to jointly develop containers for large scale transport and storage of green hydrogen. The parties target to design and develop state of the art type IV glass fibre pressure vessels with all relevant approvals for transport on road, rail, and sea.

Cranfield Aerospace Solutions selected as hydrogen-aircraft partner by Air New Zealand

13 December 2022
Innovative UK SME Cranfield Aerospace Solutions (CAeS), has been announced as the sole hydrogen-powered aircraft partner of Air New Zealand’s Mission Next Gen Aircraft, the flag carrier’s ambitious zero-emissions aircraft programme.

Strohm provides Thermoplastic Composite Pipe flowlines for major European natural gas and hydrogen hub

21 November 2022
Strohm, the world’s first and leading producer of Thermoplastic Composite Pipes (TCP), has been awarded a contract from ECOnnect to provide more than 11km of TCP for the TES Wilhelmshaven Green Gas Terminal in Germany.

“Estonia is preparing for a hydrogen economy” – featuring HydrogenOne and Elcogen

17 November 2022
Supporting Elcogen in expanding their fuel cell and electrolyser manufacturing facilities in Estonia and accelerating the energy transition to a low-carbon future.

EVIA AERO continues to back Cranfield Aerospace Solutions with orders for 15 hydrogen modification kits and ten 19-seat aircraft

15 November 2022
Bremen-based start-up EVIA AERO add five more hydrogen fuel-cell based conversion kits for the 9-seat Britten Norman Islander aircraft to its existing Letter of Intent (LOI) with Cranfield Aerospace Solutions (CAeS). This takes the total to 15 modification kits plus supplementary type certificates (STCs) to be supplied by CAeS to EVIA AERO.

NanoSUN kicks off deliveries of Pioneer Mobile Refuelling Stations with the Henry Cavendish

15 November 2022
The first serial production unit of NanoSUN’s enhanced Pioneer Mobile Hydrogen Refuelling Stations has emerged from Manufacturing partner Hydrasun’s Glasgow facility. This marks a major milestone in a collaboration that has extended over three years and has seen the Pioneer station evolve from prototype to game-changing production system.

Cranfield Aerospace Solutions and Dronamics to develop hydrogen-fuel technology for cargo drones

9 November 2022
Dronamics, the leading middle-mile cargo drone developer and operator, and Cranfield Aerospace Solutions (CAeS), a leading innovator in the development of zero emissions solutions for aerospace, announced that they will be combining their expertise to integrate hydrogen fuel-cell technology into the Black Swan, the long-range cargo drone developed by Dronamics.

KPMG Private Enterprise announces the winner of the Global Tech Innovator 2022 competition

8 November 2022
On November 2nd, KPMG Private Enterprise announced that HiiROC, the developer of a system to produce low-cost, zero-emission hydrogen, has been named the KPMG Private Enterprise Global Tech Innovator winner at the final event in Lisbon, Portugal, overcoming fierce competition from over 1,100 applicants across 22 countries and jurisdictions during the national stages.

Cranfield Aerospace Solutions and MONTE sign exclusive deal for 40 Britten-Norman Islander hydrogen-electric modification kits

3 November 2022
MONTE Aircraft Leasing (MONTE) has signed a Letter of Intent with Cranfield Aerospace Solutions (CAeS) to purchase 40 modification kits to convert Britten-Norman Islanders to hydrogen-electric power.

Centrica and HiiROC to inject hydrogen at Brigg gas-fired power station in UK first project

25 October 2022
Centrica Business Solutions is set to start injecting hydrogen into its existing gas peaking plant at Brigg, Lincolnshire as part of a UK first trial with HiiROC aimed at better understanding the role of hydrogen in power production.

HydrogenOne Capital Growth plc invests in Netherlands-based hydrogen pipeline company

15 August 2022
LSE-listed investment fund dedicated to clean hydrogen, HydrogenOne Capital Growth plc, has announced it has signed agreements for an investment of £8.4 million (10 million euros) in Strohm Holding B.V., a private supply chain company, focused on the offshore wind-to-hydrogen sector.

SDF and Motus Ventures investment in Cranfield Aerospace Solutions Ltd

15 August 2022
Cranfield Aerospace Solutions (CAeS) is pleased to announce it has secured investment from the Strategic Development Fund (SDF), the investment arm of the Tawazun Economic Council of the UAE, and Motus Ventures, taking the current investment round to £14.4million.

Hydrogen Lighthouse Project Bad Lauchstädt: Uniper Orders Sunfire Electrolyzer

4 August 2022
Within the Central German Chemical Triangle, energy company Uniper is implementing green hydrogen technologies on an industrial scale. In Bad Lauchstädt, Sunfire will supply the core piece of a demonstration project: a 30 megawatt (MW) pressurized alkaline electrolyzer.

NanoSUN Launches New Cooling Technology to Support Fast Hydrogen Refuelling

21 July 2022
NanoSUN is pleased to announce the launch of its new hydrogen cooling technology to deliver a reliable, low-cost, cooling solution for operators of hydrogen transport vehicles and static hydrogen refuelling stations.

Cranfield Aerospace Solutions sign a letter of intent to supply, Bremen based, EVIA AERO 10 Modified Britten Norman Islanders

14 July 2022
EVIA AERO – a company focusing on providing zero emissions sub-regional air services within Europe – and Cranfield Aerospace Solutions – a UK SME developing a hydrogen fuel cell conversion of the 9-seat Britten Norman Islander – in connection with a strategic collaboration have signed a letter of intent for ten, hydrogen fuel cell propelled, conversion kits for Britten Norman Islander aircraft as part of the EVIA AERO strategy to bring hydrogen air services to Northern Europe.

Sunfire secures investment from Amazon

14 July 2022
The German developer and manufacturer of electrolyzers is the first EU-based green hydrogen company to receive an investment from Amazon’s Climate Pledge Fund. With its dedicated investment program, Amazon supports visionary companies that will accelerate its path to net-zero carbon.

Green light for Sunfire

1 July 2022
Under the "Important Projects of Common European Interest (IPCEI)" Sunfire is to receive grant funding for industrializing its hydrogen technologies. The electrolysis specialist is one of the first companies to be granted an early start to measure.

NanoSUN & Reynolds Logistics Announce Collaboration to Deliver Hydrogen Fuel

28 June 2022
NanoSUN and Reynolds Logistics have signed a memorandum of Understanding (MOU) to collaborate on the delivery of hydrogen vehicle refuelling solutions for end users. The new agreement will see Reynolds Logistics support NanoSUN in providing its customers with their Pioneer Mobile Hydrogen Refuelling Station (HRS).

Bremen based Evia Aero & Cranfield Aerospace Solutions (CAeS) partner to bring zero emissions, hydrogen powered air services to Northern Europe

17 June 2022
Evia Aero – a start-up airline focusing on providing zero emissions sub-regional air services within Europe – and Cranfield Aerospace Solutions – a UK SME developing a hydrogen fuel cell conversion of the 9-seat Britten Norman Islander – have entered into a strategic collaboration to bring hydrogen fuel cell powered air services to Northern Europe.

HH2E and MET Group establish a joint project company to develop one of Europe’s largest green hydrogen production plants in Lubmin, Germany

15 June 2022
HH2E AG and the Swiss MET Group have announced a partnership to develop one of the largest green hydrogen production plants in Europe to date in Lubmin/ Mecklenburg-Vorpommern on the German Baltic coast.

Bramble Energy awarded government funding from BEIS as part of phase 1 of the red diesel replacement competition

13 June 2022
The Gen-ZE project will further strengthen Bramble Energy’s relationship with the construction sector as it develops, tests and trials a ruggedised, portable hydrogen fuel cell generator.

UK Government Grants NanoSUN Significant Funding to Develop Pioneer HRS

9 June 2022
NanoSUN is delighted to announce that it has been selected by the Department for Business, Energy & Industrial Strategy (BEIS) to receive significant funding to develop its Pioneer Mobile Hydrogen Refuelling Station (HRS) as a low-carbon alternative to red diesel applications.

HydrogenOne Capital Growth invests €6mn in HH2E

16 May 2022
German company HH2E is developing projects to decarbonise industry using green hydrogen, with associated energy storage and hydrogen power generation.

Major boost for sustainable aviation research

16 May 2022
Cranfield University has been awarded £3.1 million to advance its sustainable aviation research, both into developing low-carbon aircraft, and decarbonising airport logistics.

RWE Realizes Electrolysis Project with Sunfire

3 May 2022
As part of its hydrogen strategy, RWE has ordered a 10 MW pressurized alkaline electrolyzer from Sunfire. The plant for producing green hydrogen is planned to be installed in Lingen in 2022. For Sunfire, the contract signing marks a new era in the company's business development.

World’s largest high-temperature electrolyzer achieves record efficiency

19 April 2022
To reduce CO2 emissions, Salzgitter AG is introducing innovative technologies for climate-friendly steel production. Now another technological breakthrough has been achieved within the GrInHy2.0 hydrogen project.

Gen2 Energy partner with Sirius Design & Integration to develop world’s first carrier for containers with compressed hydrogen

11 April 2022
Gen2 Energy AS has signed contract with Sirius Design & Integration AS for the design of two specialized ships for transport of large quantities of containers with compressed hydrogen.

Sunfire secures further growth capital and an agreement for up to 640MW electrolysis offtake

24 March 2022
Sunfire increases its Series D capital raising to €195 million ($215 million), partnering with Copenhagen Infrastructure Partners (CIP) and Blue Earth Capital (BlueEarth).

HydrogenOne invests £7m in Cranfield Aerospace Solutions

24 March 2022
HydrogenOne Capital Growth and Safran Corporate Ventures invest £10.5m in Cranfield Aerospace Solutions to foster hydrogen fuel cell power in aviation.

HydrogenOne Capital Growth buys £3.3mn stake in Gen2 Energy

3 March 2022
HydrogenOne Capital Growth's minority stake in Norwegian green hydrogen developer Gen2 Energy marks its first investment in hydrogen supply projects.

HydrogenOne buys £10mn minority stake in Bramble Energy

14 February 2022
HydrogenOne’s investment in Bramble Energy forms part of an approximate £35mn fundraising round and facilitates global roll out of hydrogen fuel cells.

NanoSUN Secures £12 Million Investment to Scale Pioneer Manufacturing of Mobile Hydrogen Refuelling Solutions, Series A Round Led by HydrogenOne Capital Growth

7 December 2021
NanoSUN secures £12 million Investment to scale pioneer manufacturing of mobile hydrogen refuelling solutions, series A round led by HydrogenOne Capital Growth.