HYGRO

What HYGRO does

HYGRO is a Dutch green hydrogen producer founded in 2016 and headquartered in Alkmaar, North Holland. The company develops the complete hydrogen value chain—production, storage, and distribution—through wind- and solar-powered electrolysis, operating on a 'wind to wheel' model. Its portfolio comprises six interconnected products: H2-Powergen (a mobile hydrogen power generator for construction sites and off-grid applications), iBundle (a hydrogen storage and distribution system), green hydrogen produced via electrolysis, filling and tank systems, solar park hydrogen integration, and wind turbine hydrogen systems. Target customers span energy companies, construction firms affected by Dutch nitrogen regulations, agricultural operators, and mobility fleet operators.

HYGRO functions as both a project developer and technology provider under a project-based go-to-market motion. Revenue is generated through three streams: hardware sales of proprietary products (H2-Powergen, iBundle, filling and fueling systems), professional services for hydrogen project development (design, co-development, maintenance, knowledge transfer), and sale of green hydrogen as a primary energy carrier. All projects and products are custom-quoted with no publicly disclosed pricing, and sales are conducted directly to enterprise buyers in the Netherlands, with the Duwaal project extending operations into Egypt.

The company is privately held with 11–50 employees. Its only disclosed capital infusion is an €11.8 million DEI+ grant from the Netherlands Enterprise Agency (RVO) awarded in April 2023 to fund wind turbine–electrolysis integration in North Holland. HYGRO has assembled an ecosystem of partners including SCZONE and SoluForce for the Duwaal 'Wind to Wheel' initiative in Egypt (targeting first green ammonia export to Germany by end of 2027), Ohmium for electrolyzer co-development (June 2024), and TNO for research support. Leadership comprises CEO Hugo Groenemans and co-founder and Director of Business Development Jan Willem Langeraar.

Name

HYGRO

Legal name

HYGRO

Website

https://hy-gro.net

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

HYGRO is a Dutch green hydrogen producer that designs, builds, and operates wind- and solar-powered electrolysis projects for energy, construction, agriculture, and mobility customers across the Netherlands and Egypt.

Ownership category

akta.pro rank

Product category

Green Hydrogen Production and Distribution

NAICS

Electric Power Generation (22111), Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Motors & Generators (3621), Engines & Turbines (3510)

akta.pro primary industry

Hydrogen (Industrial & Mobility) (IMAEACAB)

akta.pro secondary industries

Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC), Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF), Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM) (EUACALAK), Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM)

Keywords

• Green hydrogen production
• Hydrogen storage solutions
• Hydrogen project development
• Wind-to-hydrogen systems
• Hydrogen fueling equipment

Headquarters

HQ city

Alkmaar

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Infrastructure

Revenue model

1. Green Hydrogen Sales: Production and sale of green hydrogen as a primary energy carrier to industrial, construction, agricultural, and mobility customers.
2. Hydrogen Project Development: End-to-end hydrogen project development including design, engineering, deployment, and ongoing maintenance services for energy companies and industrial clients.
3. Hydrogen Technology Products: Sale of proprietary hydrogen technology products including H2-Powergen generators, iBundle storage systems, and filling/fueling equipment.

Distribution channels1 record

Marketing channels4 records

Core offering

HYGRO develops and supplies integrated green hydrogen solutions encompassing production from wind and solar renewable energy, storage through proprietary iBundle technology, and distribution via mobile H2-Powergen generators and filling/tank systems. The company delivers projects for energy companies, construction sites, agricultural operations, and mobility fleet operators, offering end-to-end hydrogen value chain services including design, co-development, maintenance, and knowledge transfer.

Product overview

HYGRO is a Dutch green hydrogen company offering a comprehensive hydrogen ecosystem spanning production, storage, and distribution. The core portfolio includes six interconnected products: H2-Powergen (mobile hydrogen power generator for construction and off-grid applications), iBundle (revolutionary hydrogen storage and distribution system), Green Hydrogen (electrolyzer-based production from wind and solar), filling and tanking systems for refueling operations, solar park hydrogen integration, and wind turbine hydrogen systems. The company develops simultaneous hydrogen projects and technological chains to optimize production and distribution, delivering affordable green energy at the right time to customers. The portfolio is designed around the 'wind to wheel' concept, enabling energy companies and industrial customers to produce, store, and utilize hydrogen as a primary energy carrier.

Differentiator

Problem solved

Functional benefit

Brands

• H2PowerGen: Mobile hydrogen power generation unit for construction sector and off-grid applications
• iBundle
• Duwaal

Products and services

• H2-Powergen (H2PowerGen) A mobile hydrogen power generator that provides sustainable and emission-free electricity for construction sites and off-grid applications, designed for construction sector customers affected by nitrogen regulations.
• iBundle A proprietary hydrogen storage and distribution solution representing a breakthrough in how hydrogen is stored and distributed, revolutionizing the hydrogen supply chain logistics.
• Groene waterstof (Green Hydrogen) Affordable green hydrogen produced through electrolysis powered by wind or solar energy, sold as a primary energy carrier for transportation, industrial processes, and energy storage.
• Vul & tanksysteem en bijbehorende apparatuur (Filling & Tank System and Related Equipment) Hydrogen filling and tanking systems with associated equipment for refueling hydrogen vehicles and powering applications, particularly relevant for construction sites and mobility fleet operators.
• Waterstof uit zonneparken (Hydrogen from Solar Parks) Hydrogen production systems integrated with solar parks that enable optimization of solar energy assets by converting excess solar generation into storable hydrogen fuel.
• Waterstof turbines (Wind Turbines / Hydrogen Turbines) Hydrogen production systems integrated with wind turbines that capture the full potential of wind energy by converting surplus wind power into hydrogen through electrolysis.
• Hydrogen Project Development Services (Design, Co-development, Maintenance, Knowledge Transfer) End-to-end hydrogen project development services including design, engineering, co-development, deployment, maintenance, and knowledge transfer for energy companies and industrial clients.

Quantifiable outcome

• Doubling wind energy yield through hydrogen as primary energy carrier

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered flagship, core, significant and supporting.

• SCZONE (Suez Canal Economic Zone)flagshipStrategic or Co-development Partner · 1 January 2026Partnership to expand the Dutch green hydrogen project Duwaal to Egypt, involving the 'Duwaal from Wind to Wheel' initiative to create a sustainable hydrogen ecosystem. SCZONE is developing an Egypt Green Hydrogen facility targeting first green ammonia export to Germany by end of 2027.
• SoluForcecoreStrategic or Co-development Partner · 1 January 2026Dutch company partner in the 'Duwaal from Wind to Wheel' initiative alongside HYGRO, working to create a sustainable hydrogen ecosystem in Egypt.
• OhmiumsignificantStrategic or Co-development Partner · 1 June 2024Partnership announced June 2024 between Ohmium and HYGRO for green hydrogen production collaboration.
• TNO (Netherlands Organization for Applied Scientific Research)supportingStrategic or Co-development Partner · 1 April 2023Research organization partner supporting HYGRO's €11.8 million hydrogen project with expertise in hydrogen technology development alongside RVO.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Sunfire: German alkaline and solid-oxide electrolyzer developer building integrated green hydrogen and e-fuel projects across Europe; comparable to HYGRO in technology category and project-based GTM.
• Ohmium: PEM electrolyzer manufacturer partnered with HYGRO since June 2024 for green hydrogen production; operates in the same PEM electrolysis category and shares HYGRO's focus on modular, decentralized green hydrogen projects.
• Nel ASA: Norwegian alkaline and PEM electrolyzer manufacturer and hydrogen fueling provider; comparable to HYGRO as a hydrogen production equipment and project developer serving industrial and mobility customers.
• ITM Power: UK-based PEM electrolyzer manufacturer delivering integrated green hydrogen production, storage, and refueling systems; very close analog to HYGRO's integrated wind/solar-to-hydrogen value chain approach.
• HydrogenPro: Norwegian alkaline electrolyzer manufacturer focused on large-scale green hydrogen plants; peer to HYGRO in the electrolyzer and project development space, with similar reliance on European hydrogen demand.
• Everfuel: Nordic green hydrogen producer and distributor operating integrated production-storage-dispensing assets; highly comparable business model to HYGRO's full-chain approach and mobility focus.

Broad incumbents

• Plug Power: Large US hydrogen fuel cell and electrolyzer platform serving mobility and stationary power end markets — overlaps with HYGRO's H2-Powergen and mobility fueling offerings, though at significantly greater scale.
• Linde: Global industrial gases incumbent with large-scale green and blue hydrogen production projects across Europe; overlaps HYGRO's hydrogen production and industrial customer focus as a much larger, diversified competitor.
• Air Products: Major industrial gas and hydrogen player with major green hydrogen projects (e.g., NEOM) and hydrogen mobility fueling infrastructure; comparable as incumbent competing in the same end markets HYGRO addresses.

Emerging players

• Hydrogenious LOHC: German hydrogen storage and transport specialist using liquid organic hydrogen carrier (LOHC) technology; comparable to HYGRO's iBundle storage/distribution thesis around solving hydrogen logistics bottlenecks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HYGRO