ENGIE invests in state-of-the-art hydrogen platform
ENGIE Ventures has invested in H2SITE, a hydrogen technology platform developed by Tecnalia Research and Technology Center and the Eindhoven University of Technology.
H2SITE produces high purity hydrogen on consumer premises from various hydrogen carriers such as methane, in particular biomethane and ammonia.
The platform was developed to optmise decentralised production of hydrogen, to address hydrogen transport and storage challenges, as well as to ensure a reduction in the cost of the energy resource.
Research center ENGIE Lab CRIGEN has also partnered with Tecnalia and Eindhoven University of Technology to further develop emerging applications of the technology to achieve carbon neutrality.
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”
Inaki San Sebastian, the CEO at 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”.
The role of hydrogen technologies in Europe’s energy transition will be discussed in detail at Enlit Europe in Milan. Click here to explore our Programme