Europe

Accelerating the deployment of intensive hydrogen mobility

H2 MOBILITY is a pioneer in the development of a public hydrogen refueling station network and Europe’s largest operator of public hydrogen stations. H2 MOBILITY business areas include the technical development, financing, planning, construction, marketing, and operation of the stations. H2 MOBILITY Deutschland was founded in 2015 as a project company with the aim of promoting hydrogen as an emission-free fuel in road transport.

H2 MOBILITY

H2 MOBILITY

Type of investment

Country: Germany
Fund: Hy24, Clean H2 Infra Fund. Participation into a roundtable investment of €110M
Date: March 2022
Sector: Brownfield / Downstream - Hydrogen mobility

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In 2022, the project company became a long-term, commercially oriented company with the aim of contributing to the energy transition in transport through a high-performance hydrogen refueling station network. H2 MOBILITY Deutschland has set itself the goal of switching completely to renewable hydrogen by 2028.

In March 2022, Hy24 invested €70 million into H2 MOBILITY Deutschland (through the Clean Hydrogen Infrastructure Fund) as part of a €110 million investment round, which also involved existing shareholders Air Liquide, Daimler Truck, Hyundai, Linde, EG Group, Shell, and TotalEnergies. The investment is now used to upgrade the existing network and build new stations to meet rising hydrogen demand for commercial and intensive use vehicles. 

Decarbonizing the heavy and intensive mobility in Europe

H2 MOBILITY, a leading operator of hydrogen refueling stations which already operates over 70 stations across Germany, intends to ramp up its network.

This includes the technical upgrade and hydrogen storage extension of existing stations, as well as the development of new, high-performing stations providing up to 5 tons hydrogen per day.  Moreover, the company aims to operate its station network by 100% renewable hydrogen by 2030. – becoming the backbone of zero-carbon commercial traffic in Europe.

The station network with a growing number of large-scale refueling stations will be capable of meeting demand for zero-carbon, heavy-duty and long-haul transportation in the heart of the European Continent. Heavy mobility is one of the most challenging sectors of the economy to decarbonize, and hydrogen-powered vehicles offer the best solution, as they can refuel quickly and cover long distances without sacrificing payload. The expansion of H2 MOBILITY Deutschland’s network is focused on several high-traffic transportation corridors, giving it a cornerstone role in the future mobility system of the European Union. In a sign of existing demand for hydrogen vehicles, many of the company’s new projects will be developed hand-in-hand with off-takers, public authorities, and fleet operators – guaranteeing baseline offtake for the stations and a significant step towards a profitable and self-sustained refueling network.

 

 

H2 MOBILITY station
H2 MOBILITY station

Building a resilient backbone of hydrogen infrastructure in Europe

“Green hydrogen will become a game-changer in the journey to replace fossil fuels in transport and reduce our dependency on extracting resources from our planet’s surface. I am excited that we can benefit from the industrial knowledge and investment experience of the Hy24 team to build a resilient backbone of hydrogen infrastructure in Europe, thus accelerating the transition to green hydrogen in mobility and transport.”

Martin Jüngel, Managing Director & CFO of H2 MOBILITY

Martin Jüngel

Key figures

increase in hydrogen demand 2023 at H2 MOBILITY stations

+51%

increase in hydrogen demand 2023 at H2 MOBILITY stations

company foundation

2015

The company was founded with the support of leading industrial players

hydrogen refueled in 2023

516.000kg

hydrogen refueled in 2023