Forget $2/kg – this AEM start-up is betting on undercutting $15/kg hydrogen
In an impatient investment landscape with no policy crutches, Hydgen is building its business model on solving real hydrogen supply challenges today.
In an impatient investment landscape with no policy crutches, Hydgen is building its business model on solving real hydrogen supply challenges today.
The two companies plan to explore opportunities in hydrogen production, blending, transportation and storage, and will also evaluate and develop projects for hydrogen applications across the transport, power and steel sectors.
Evonik has invested a “low double-digit million-euro amount” in the plant located in Germany, which is scheduled to go online at the end of 2025.
Ingeteam has optimised its rectifier systems to minimise integration risks and reduce total project costs by up to 60% compared with industry benchmarks.
“We can’t build the Michigan facility until we have a market to sell what we’re producing,” said Chief Financial Officer (CFO), Kjell Christian Bjørnsen.
Once operational, Plug’s total liquid hydrogen production capacity will increase to 39 tonnes per day.
Accelera’s Andreas Lippert warns that green hydrogen can only scale meaningfully if policy hurdles, offtake uncertainty, and additionality constraints are addressed.
The company will be looking to develop and industrialise 1MW modular systems in both containerised and “open design” solutions.
Paired with today’s advances in predictive AI, digital twins can become both predictive and prescriptive.
By focusing on decentralised, on-site production for small- to mid-size industries, Hydgen says it can offer a “resilient, self-sufficient alternative” to traditional hydrogen sourcing.
