ENGIE invests in hydrogen technology platform H2SITE

March 31, 2020

BY ENGIE

ENGIE, through its corporate venture capital arm ENGIE New Ventures, announces its strategic investment in H2SITE. Headquartered in Bilbao, Spain, H2SITE is a spinoff created by Tecnalia research and technology center and Eindhoven University of Technology. It aims at commercializing a membrane reactor based system able to produce high purity hydrogen, on customer’s premises, from various hydrogen carriers such as methane in particular biomethane and ammonia, etc.

The H2SITE technology platform aims at addressing the issue of decentralized production, transport and storage of hydrogen with a compact and cost effective on-site solution, and is based on a one-step industrial process combining membranes in a reactor. This disruptive technology was identified and assessed by ENGIE through diverse collaborative research projects.

In addition to a minority investment in the capital of H2SITE, ENGIE, through its research center ENGIE Lab CRIGEN, has forged a R&D cooperation partnership with Tecnalia and Eindhoven University of Technology to further develop emerging applications of this technology contributing to transition towards carbon neutrality. Indeed, hydrogen is an essential component of the energy transition, that meets many needs such as in mobility, energy storage and industrial applications. 
 
Shankar Krishnamoorthy, executive vice president of ENGIE, said, “Our investment in H2SITE lies at the heart of the energy transition that ENGIE is leading in particular by fostering and participating in the development of a market for hydrogen. We are pleased with this new research cooperation that will enable to unlock the full potential of a versatile and promising technology, and to scale up sustainable and efficient solutions for industry and mobility needs.” 

Iñaki San Sebastian, CEO of Tecnalia said, “H2SITE is the result of deep-tech venture building at pan-European level, combining: breakthrough R&D capabilities at University, Research and Technology Organization and Corporate level with ENGIE’s smart capital together with a top extended entrepreneurial team. Hydrogen is core to Tecnalia´s focus on zero carbon solutions.”

Advertisement

 

 

Advertisement

Related Stories

The U.S. Department of Energy Bioenergy Technologies Office (BETO) announced up to $23 million in funding to support research and development (R&D) of domestic chemicals and fuels from biomass and waste resources.

Read More

The U.S. DOE has announced its intent to issue funding to support high-impact research and development (R&D) projects in two priority areas: sustainable propane and renewable chemicals and algal system cultivation and preprocessing.

Read More

Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., in August introduced the Renewable Chemicals Act, a bill that aims to create a tax credit to support the production of biobased chemicals.

Read More

The Chemical Catalysis for Bioenergy Consortium, a consortium of the U.S. DOE’s Bioenergy Technologies Office, has launched an effort that aims to gather community input on the development of new biomass processing facilities.

Read More

USDA on March 8 celebrated the second annual National Biobased Products Day, a celebration to raise public awareness of biobased products, their benefits and their contributions to the U.S. economy and rural communities.

Read More

Upcoming Events

Sign up for our e-newsletter!

Advertisement

Advertisement