Hy2gen AG, a start-up from the Stuttgart region created to build green hydrogen production facilities, has completed a further financing round. Trafigura, a market leader in the global commodities industry has become a shareholder and joined the board of the company. The new investment will enhance Hy2gen AG’s business development capabilities and support the development of new production sites.
Hy2gen AG brings together specialists with experience of developing, building and operating plants for the production of green hydrogen and hydrogen-based e-fuels, offering better ways to achieve CO2-free or CO2 neutral fuels and storage solutions. The first plants will be built in Canada in 2020, to be followed by other plants in France, Mexico, Norway and South Africa. […]