EODev raises €20m to accelerate hydrogen solutions

EODev raises €20m to accelerate hydrogen solutions

Energy Observer Developments (EODev) has raised €20m to accelerate the industrialisation and commercialisation of its hydrogen technology solutions, enhancing its position as an innovative player in the French hydrogen industry.

Just last week EODev announced a partnership with with Eneria who will industrialise the company’s hydrogen power generator, and today’s announcement is another step in the right direction of its ambitious adventure.

Read more: Energy Observer-Eneria partnership to industrialise hydrogen solutions

Established in July 2019, Energy Observer Developments (EODev) aims to find solutions and technologies to transition away from fossil fuels and market them, in a bid to enable the deployment of practical and affordable solutions for both industrial and consumer uses.

The company’s products address the entire energy chain: medium-power hydrogen power generators; on-board hydrogen energy systems for maritime and river use, and mobile floating hydrogen refuelling stations for the production and distribution of green hydrogen.

With technologies directly addressing the demand for an efficient and accessible hydrogen use with a limited environmental footprint, EODev said that it is ready to contribute to the ambitions announced by the Government as part of the France Relance plan.

Read more: French Government releases €100bm recovery plan through which hydrogen will play a key role

Read more: Who is Energy Observer Developments?

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