H2site

H2site

Produces onsite and renewable H2 for small and medium companies.

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€2.5m

Grant
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR202020222023
Revenues000000000000
% growth--6 %
EBITDA000000000000
Profit000000000000
% profit margin-(53 %)(126 %)
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

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More about H2site
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H2SITE is a startup that specializes in the production of renewable hydrogen (H2) for small and medium-sized businesses. The company operates in the renewable energy sector, with a focus on industrial and mobility applications. H2SITE's unique selling point is its membrane reactors, which use feedstocks such as ammonia, methanol, and gas mixtures to produce high-quality, in-situ hydrogen.

The company's business model revolves around providing cost-effective solutions for today's industries and enabling the mobility of tomorrow. They offer hydrogen transportation solutions in two configurations, catering to a variety of markets.

One of the key markets H2SITE serves is decentralized energy production. They combine ammonia or methanol storage with the conversion of these raw materials to hydrogen, and fuel cells to generate renewable energy. Another market is mobility, both terrestrial and maritime, where they use local resources to produce high-purity, low-cost hydrogen for hydrogen stations or onboard a ship.

H2SITE also caters to industrial end-users, allowing them to reduce hydrogen costs and control its evolution. Furthermore, they are involved in the separation of hydrogen from methane transport infrastructure, transforming natural gas infrastructure into a renewable hydrogen distribution network.

The team at H2SITE comprises professionals with extensive experience from various backgrounds, combining over 20 years of experience in inorganic membranes and integrated reactors, along with manufacturing and startup development know-how.

In summary, H2SITE is a promising startup in the renewable energy sector, offering innovative and cost-effective hydrogen solutions for various markets, from industrial applications to mobility and energy production.

Keywords: Renewable Energy, Hydrogen Production, Small and Medium Businesses, Industrial Applications, Mobility Solutions, Decentralized Energy Production, Hydrogen Transportation, Methane Separation, Natural Gas Infrastructure, Startup Development.

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