H2 Mobility receives €110m to expand European hydrogen fuelling network
Mobility fuelling station network H2 Mobility Germany has secured €110-million in funding from Hy24, the world’s largest clean hydrogen infrastructure investment platform, as well as its seven existing industrial shareholders to upgrade its hydrogen network and build new stations to meet rising hydrogen demand from commercial and intensive use vehicles.
Hy24, through its Clean H2 Infra Fund, provided €70-million of the fresh capital and will become the eighth investor in the Berlin-based company.
H2 Mobility Germany’s existing shareholders – Air Liquide, Daimler Truck, Hyundai, Linde, OMV, Shell and TotalEnergies – provided the other €40-million in funding.
H2 Mobility already operates more than 90 stations across Germany. It intends to use the new round of funding to further expand its network to 300 stations by 2030.
Of these, more than 200 will be large-scale refuelling stations capable of meeting demand for zero-carbon, heavy-duty and long-haul transportation on the European continent.
“Heavy mobility is one of the most challenging sectors of the economy to decarbonise, and hydrogen-powered vehicles offer the best solution, as they can refuel quickly and cover long distances without sacrificing payload,” says the company.
The expansion of H2 Mobility Germany’s network will be focused on several high-traffic transportation corridors.
Many of the company’s new projects will be developed hand-in-hand with public authorities and fleet operators, guaranteeing baseline offtake for the stations.
“Green hydrogen will become a game changer on the journey to replace fossil fuels in transport and to reduce our dependency on extracting resources from our planet’s surface,” says H2 Mobility Germany MD Nikolas Iwan.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.
VISIT SHOWROOM
Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
