United Hydrogen Group
Full range of products and services to the worldwide hydrogen economy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
$4.0m | Early VC | ||
| Total Funding | 000k | ||
United Hydrogen Group (UHG) operates as a developer and manager of renewable resource and complex hydrogen projects. Established in 2007 in the USA, the company has focused on creating a vertically integrated value chain centered on green hydrogen. Its history includes several key milestones, starting with the commissioning of a hydrogen gas plant in Charleston, TN, in 2009. By 2012, UHG had entered the liquid hydrogen transport and trade sector in the US, notably purchasing cryo trailers from NASA. A significant development occurred in 2020 when UHG merged with Plug Power Inc. in a transaction valued at $65 million.
The company's business model revolves around the production, storage, transportation, and application of hydrogen. UHG develops projects that emphasize hydrogen production at the point of consumption, targeting clients in material handling, logistics/mobility, and backup power solutions. The company's offerings include a complete suite of products and services for the hydrogen economy, with a core focus on hydrogen fuel. UHG was the first independent company to provide comprehensive capabilities in liquid hydrogen production, distribution, and logistics. Revenue is generated through these integrated services and projects, including the development of hydrogen production plants and refueling stations.
UHG's infrastructure includes a bulk hydrogen manufacturing facility in Charleston, TN, which began operations with a capacity of 6.4 tons per day, with plans for expansion. The company's strategy involves building profitable renewable energy sources and leveraging them within the hydrogen economy. Following its merger with Plug Power, the combined entity aims to advance the hydrogen economy more efficiently. Post-merger, the vision expanded to become a top player in the green hydrogen market in the CEE region and to establish a global ecosystem through the development of "Super Plants" in regions like the Middle East, Europe, and North America.
Keywords: hydrogen production, green hydrogen, liquid hydrogen, renewable energy projects, hydrogen economy, hydrogen fuel, energy infrastructure, hydrogen logistics, hydrogen transport, material handling solutions, backup power solutions, Plug Power merger, hydrogen generation, hydrogen storage, refueling stations, renewable resources, clean energy, sustainable energy, energy transition, decarbonization