Haffner Energy

What Haffner Energy does

Haffner Energy is a French publicly traded cleantech company (Euronext Growth Paris: ALHAF) that has developed a proprietary biomass thermolysis platform for producing renewable hydrogen, syngas, sustainable aviation fuel, renewable methanol, and biochar. The underlying technology decomposes residual biomass at approximately 500°C under anaerobic conditions to generate a hydrogen-rich renewable syngas branded Hypergas, which contains more than 45% hydrogen by volume and serves as the central intermediate for downstream products. The portfolio spans large-scale HYNOCA Flex S-iG units (12 tonnes/day of hydrogen plus 58,000 tonnes/year of biogenic CO2) and the standardized C-iC modular line for mid-sized decentralized projects, down to H6-generation units for sub-10 MW applications. The platform is protected by 15 patent families covering more than 80 international patents and draws on 33 years of operational experience across 40+ cogeneration projects totaling 600 MW in Europe and Africa.

The company monetizes through three primary channels: direct sale of standardized and bespoke industrial units (HYNOCA, SYNOCA, C-iC line); technology licensing and joint ventures with regional partners such as IGNIS P2X (Spain), Mundi Énergies (Canada), LanzaJet and LanzaTech (SAF), and OroCarbo (California biomethanol); and engineering, procurement, construction, and commissioning services alongside the Biomatch biomass supply advisory. The CORE100 reservation program, launched in February 2026, introduces a deposit-backed reservation system for 100 standardized C-iC units targeting more than €300 million in sales over three years, with first units scheduled for commissioning in summer 2027. Customers are exclusively enterprise-scale industrial operators, energy companies, project developers, and fuel offtakers in the aviation, maritime, chemicals, and mobility decarbonization segments. The company is targeting EBITDA-positive status from the fiscal year beginning April 1, 2026, with an EBITDA margin above 10% in the following year.

Haffner Energy is a French family-controlled business (the Haffner concert holds approximately 15.93% of capital and 26% of voting rights as of May 2026), listed on Euronext Growth Paris since February 2022 and headquartered in Vitry-le-François with offices in Paris, Nantes, and Houston. Strategic positioning targets hard-to-abate sectors where biomass-derived fuels offer carbon-negative or carbon-neutral alternatives to fossil feedstocks, with biochar co-production enabling carbon removal certificate revenue on top of fuel sales. Recent expansion has added operations in Spain, Canada, the United States (California), and India, supported by partnerships with energy majors, technology licensors, and project developers.

Name

Haffner Energy

Legal name

HAFFNER ENERGY

Website

https://haffner-energy.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Haffner Energy is a French public cleantech company that licenses and sells proprietary biomass thermolysis systems producing renewable hydrogen, syngas, sustainable aviation fuel, renewable methanol, and biochar for industrial, aviation, maritime, and chemicals customers across Europe, North America, and Asia.

Ownership category

akta.pro rank

Product category

Biomass Thermolysis / Renewable Hydrogen Technology

NAICS

Biomass Electric Power Generation (221117), Industrial Gas Manufacturing (32512)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Gasification & Pyrolysis-to-Power (Waste/Biomass Advanced Thermal) (EUACAIAL)

akta.pro secondary industries

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK), Industrial Waste-to-Energy (Non-Hazardous Process Wastes) (EUACAIAI)

Keywords

• Biomass thermolysis technology
• Renewable hydrogen production
• Sustainable aviation fuel
• Renewable syngas systems
• Biomethanol production equipment

Headquarters

HQ city

Vitry-le-françois

HQ country

France

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Sales and Manufacturing: Sale of standardized modular industrial units (HYNOCA, SYNOCA, C-iC line) and associated equipment. The CORE100 program targets €300 million in sales over three years through 100 standardized units. First units expected commissioning summer 2027.
2. Technology Licensing: Licensing of proprietary thermolysis technology to partners for deployment in their markets. Partnership with Mundi Énergies in Canada includes technology license component alongside joint venture structure. California biomethanol project involves providing SYNOCA modules to OroCarbo.
3. Engineering and Project Development Services: Technical services including feasibility studies, engineering, design, commissioning, testing, training, and performance optimization. HYNOCA Flex S-iG expected significant EBITDA contribution through engineering studies in 2025.
4. CORE100 Reservation Deposits: Non-refundable reservation deposits of €10,000 per C-iC unit under CORE100 program, held by independent Swiss notary, released upon technology performance validation.
5. Carbon Credits (Biochar): Carbon removal certificates (CORC) from biochar production. 1 tonne of biochar sequesters approximately 2 tonnes of CO2 equivalent. Biochar represented 87-92% of carbon removals on voluntary carbon market in 2022/2023.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Haffner Energy designs, manufactures, and licenses proprietary biomass thermolysis technology and modular industrial units that convert residual biomass into renewable hydrogen (HYNOCA), renewable syngas (SYNOCA/Hypergas), sustainable aviation fuel, and renewable methanol. The company sells standardized C-iC modular units and custom industrial installations, and provides EPCC engineering services and Biomatch biomass supply advisory to industrial operators, energy companies, and project developers globally.

Product overview

Haffner Energy is a cleantech company offering a portfolio of proprietary biomass thermolysis-based products for decentralized renewable gas and clean fuel production. The core technology platform consists of Hypergas® — a hydrogen-rich syngas produced via thermolysis of residual biomass — which serves as the foundational intermediate for multiple end products: HYNOCA® (renewable hydrogen), SYNOCA® (renewable syngas), Sustainable Aviation Fuel (SAF), and Renewable Methanol. The portfolio spans from large-scale Flex S-iG units (12 t/day H₂) to the standardized C-iC modular line for mid-sized projects, all the way down to compact H6-generation units for small-scale (<10 MW) applications. Biochar is a key carbon-negative co-product used for soil amendment, construction materials, and carbon credits. The company also provides EPCC/EPCM engineering services and Biomatch advisory for biomass supply chain management.

Differentiator

Problem solved

Functional benefit

Brands

• HYNOCA: Proprietary technology for renewable hydrogen production from biomass via thermolysis. Available in multiple configurations including HYNOCA S-iB (with biochar production), HYNOCA S-iG (with biochar gasification), and HYNOCA Flex S-iG for cogeneration of hydrogen and electricity.
• SYNOCA
• AeroVerde
• Hypergas
• CORE100

Products and services

• HYNOCA Turnkey renewable hydrogen production solution based on proprietary biomass thermolysis and reforming technology. Available in multiple configurations (S-iB, S-iG, Flex S-iG, and C-iC variants) producing hydrogen at purity up to 99.97% v/v for industrial and mobility applications.
• SYNOCA Renewable syngas (Hypergas) production solution based on biomass thermolysis. Can be used directly for thermal/energy applications or further converted into biomethane or biomethanol. Available in standard, + (plus), and C-iC configurations.
• Sustainable Aviation Fuel (SAF) Production of advanced biofuels for aviation using biomass-to-syngas pathway combined with alcohol-to-jet (AtJ) and Fischer-Tropsch conversion technologies. Also produces e-SAF by combining biogenic CO2 with renewable hydrogen.
• Renewable Methanol Production of bio/e-methanol from biomass-derived Hypergas for maritime transport, heavy mobility, chemical industry, and hydrogen transport applications. Biomass-agnostic process with ~80% energy efficiency.
• C-iC Line Modular standardized industrial units built on H6 technology for mid-sized decentralized biofuel projects. Three configurations: SYNOCA C-iC (thermal syngas), SYNOCA+ C-iC (biomethanol/biomethane), and HYNOCA C-iC (renewable hydrogen at <€2.34/kg LCOH). Pre-assembled in factory, installed in under 2 weeks with no significant civil engineering. 30-40% CAPEX reduction vs. custom projects.
• HYNOCA Flex S-iG Large-scale hydrogen production unit producing 12 tonnes/day of green hydrogen at under €3/kg without subsidies, plus electricity cogeneration. Generates 58,000 tonnes/year of biogenic CO2. Capacity for 5 MW scale with 31,000 tonnes/year biomass consumption.
• H6 Generation Sixth-generation thermolysis technology for small-scale applications up to 10 MW. Includes HYNOCA H6 (hydrogen at €2.34/kg LCOH) and SYNOCA H6 (syngas CAPEX reduced from €1,800 to ~€500 per thermal kW). Accelerated thermolysis kinetics, simplified mechanics, new patents.
• Biomatch Service Technical and advisory service to support clients in securing sustainable biomass supply and biochar off-take, ensuring feedstock quality and supply chain resilience.
• EPCC / EPCM Services Engineering, procurement, construction, and commissioning (EPCC) or EPCM services covering full project lifecycle from feasibility studies through performance testing, optimization, and maintenance.

Quantifiable outcome

• Hydrogen production cost (LCOH) of €2.34/kg with HYNOCA H6 vs €7.81/kg with electrolyzers, representing 70% cost reduction
• +6 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• LanzaJet and LanzaTechcoreStrategic or Co-development Partner · 30 January 2026Tripartite partnership to explore joint biomass-to-SAF production projects covering entire production value chain including commercial plant development, technology licensing, offtake opportunities, and project funding. Combines Haffner Energy's biomass-agnostic technology, LanzaJet's patented alcohol-to-jet (AtJ) technology, and LanzaTech's carbon management solutions (CirculAir). Partnership aims to widen range of waste-based feedstocks for SAF production and create well-paid rural jobs.
• IGNIS P2XcoreStrategic or Co-development Partner · 8 January 2026Joint project AeroVerde in Spain for bio/e-SAF production combining Haffner Energy's biomass-agnostic thermolysis technology with IGNIS P2X's green hydrogen capabilities. First site location being identified to optimize local biomass supply and minimize transport-related carbon emissions. IGNIS is Spain's largest independent energy manager with 9 GW operational assets and 30+ GW project portfolio. IGNIS launched P2X platform in 2024 for hydrogen, ammonia, and clean technology projects.
• Mundi ÉnergiescoreStrategic or Co-development Partner · 12 December 2025Major Canadian partnership involving technology license, joint venture, and 5 MW industrial pilot project in Quebec (€4.2 million expected revenue). Network of twenty renewable energy hubs across Quebec to convert biomass residues into renewable gas, electricity, and biogenic CO2. Initial project valued at $4.58 million starting Q1 2026. Partnership aims to strengthen Canada's energy sovereignty and promote regional economic ecosystems.
• OroCarbocoreTechnology or Integration · 12 November 2025California biomethanol project with two SYNOCA 20 MW modules converting residual biomass (forestry residues and agricultural waste) into syngas for 100 tonnes/day biomethanol plant. Commissioning expected early 2028. Project decarbonizes maritime transports and chemical industries. First contract for biomethanol project launching in California.
• GreenvoltminorChannel Partner/ Reseller/ Distributor · 28 January 2022HYNOCA technology selected by Greenvolt for conversion of Pego coal power plant to hydrogen production (Portugal, 20 tonnes per day capacity). Strategic partnership for green hydrogen production/distribution solutions for mobility.
• CIC Market SolutionsminorOthersStock services provider for Haffner Energy shares (registered shares and financial services). Manages nominative share register and investor relations service from 9:00 to 18:00 Monday to Friday.

Scale indicators20 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Velocys: UK/US Fischer-Tropsch gas-to-liquids technology provider focused on biomass and waste-to-SAF. Comparable as a small-cap gasification-to-fuels technology company targeting the same SAF mandate-driven market.
• Infinium: US-based e-fuels producer using renewable hydrogen and captured CO2 to make e-SAF, e-diesel, and e-naphtha. Competes with Haffner's combined biomass-plus-green-H2 e-SAF route (e.g., the OroCarbo biomethanol pathway).
• LanzaTech: US-based carbon management company using gas fermentation to convert waste gases and biomass into fuels including SAF. Direct competitor in the biomass/waste-to-SAF pathway and an active Haffner partner via the LanzaJet/LanzaTech tripartite agreement.
• Sunfire: German cleantech developing biomass-to-hydrogen, e-fuels, and renewable fuels technology (including co-electrolysis). Directly comparable to Haffner as a technology provider targeting renewable hydrogen, SAF, and e-fuels from renewable feedstocks.
• Topsoe: Danish catalysis and process technology provider for renewable fuels including SAF, renewable diesel, and methanol. Competes with Haffner at the process-technology layer for biomass-to-fuels projects globally.
• LanzaJet: US-based alcohol-to-jet (AtJ) SAF producer partnered with Haffner and LanzaTech. Direct peer in the SAF value chain where Haffner's SYNOCA-derived syngas can feed LanzaJet's AtJ conversion step.
• Greenvolt: Portugal-based renewable energy group with biomass power operations; an existing Haffner customer using HYNOCA to convert the Pego coal plant. Comparable as a biomass/renewable-energy developer deploying Haffner technology at utility scale.

Broad incumbents

• Nel ASA: Norwegian electrolyzer manufacturer and one of the largest pure-play green hydrogen technology providers. Competes with Haffner in the renewable hydrogen market via an alternative production pathway (electrolysis vs. thermolysis).
• Air Products: Global industrial gases major with a large hydrogen and clean fuels portfolio including blue and green hydrogen megaprojects. Represents the incumbent scale player whose customer base Haffner targets with distributed biomass-thermolysis units.
• ENGIE: French global utility with significant renewable gas, hydrogen, and biomass-to-energy operations. Comparable as a broad energy transition incumbent and potential customer/partner for Haffner's decentralized biomass technology in Europe and internationally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/haffnerenergy
• YouTubeyoutube.com/@haffnerenergy3025
• LinkedInlinkedin.com/company/haffner-energy

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors

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 Haffner Energy