VoltH2

What VoltH2 does

VoltH2 is a private green hydrogen project developer and operator headquartered in Bergen op Zoom, Netherlands, founded in 2020 by André Jurres. The company develops PEM (Proton Exchange Membrane) electrolysis plants powered exclusively by renewable electricity to produce RFNBO-compliant green hydrogen for industrial offtakers, mobility applications, and by-product (oxygen, waste heat) markets. VoltH2 is building a six-factory footprint across the Netherlands (Vlissingen, Terneuzen, Delfzijl) and Germany (Wilhelmshaven, Essen, Gelsenkirchen), representing approximately 200 MW of initial capacity scalable to over 500 MW, with first production targeted in 2026.

The technology is PEM electrolysis at industrial scale (10-100 MW per site), co-located at major industrial ports to leverage rail, road, waterway, and planned hydrogen backbone access (Hynetwork Services/Gasunie). Each factory produces approximately 2,000 tonnes of green hydrogen per year at 25 MW (scaling to 10,000 tonnes at 125 MW), avoiding roughly 17-85 ktonnes of CO2 emissions annually per site. Output is RFNBO-compliant under EU taxonomy. Strategic assets include the first Dutch SDE++ operational subsidy, a 70M EUR OWE subsidy for Delfzijl, 30M EUR in German HyPerformer subsidies, and a 20M EUR Just Transition Fund grant.

The business model centers on long-term industrial hydrogen supply agreements (anchor customer Evonik for 50 MW at Delfzijl), on-site hydrogen refueling station operations, tube-trailer distribution within approximately 100 km, and by-product monetization (oxygen to water utilities, heat to district heating networks such as Iqony in Essen). VoltH2 was majority-acquired in June 2022 by Virya Energy (>1 GW renewable capacity) and DIF Capital Partners, who provide renewable energy origination and infrastructure-grade capital. The company holds ISO 9001 certification and is led by CEO Arno Luisman (since March 1, 2025), with founder André Jurres as Founder and Michael Wünnemann as Country Manager Germany.

Name

VoltH2

Legal name

VoltH2 Operating B.V.

Website

https://volth2.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

VoltH2 develops and operates PEM-electrolysis green hydrogen plants at industrial ports in the Netherlands and Germany, supplying RFNBO-compliant hydrogen, oxygen, and waste heat to industrial offtakers and mobility customers.

Ownership category

akta.pro rank

Product category

Green Hydrogen Production

NAICS

Industrial Gas Manufacturing (32512)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Hydrogen (Industrial & Mobility) (IMAEACAB)

akta.pro secondary industries

Power-to-Gas (P2G) / Electrolysis Integration & Operations (EUAJAJAH), Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC)

Keywords

• Green hydrogen production
• PEM electrolysis
• RFNBO compliant hydrogen
• Industrial decarbonization
• Hydrogen refueling stations

Headquarters

HQ city

Bergen Op Zoom

HQ country

Netherlands

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Green hydrogen sales: Long-term supply agreements with industrial customers for the delivery of green hydrogen. Production capacity starts at 25 MW per factory, expandable to 50-125 MW, producing 2,000-10,000 tonnes annually. Revenue comes from hydrogen volume sold under contractual agreements with large industrial off-takers like Evonik.
2. Government subsidies and incentives: VoltH2 receives substantial government support including SDE++ operational subsidies (15 million euros), Just Transition Fund subsidies (20 million euros), and HyPerformer program subsidies (15 million euros) for electrolyzer development. These subsidies support infrastructure development and operational costs over initial years.
3. By-product sales (oxygen and heat): Sale of oxygen produced as a by-product of electrolysis to local water treatment facilities, and thermal energy to district heating networks (as demonstrated in Essen partnership with Iqony).
4. Hydrogen refueling station operations: On-site hydrogen refueling stations at production facilities serving buses, trucks, and fleet vehicles. Tube trailer filling stations for supplying hydrogen to customers within approximately 100km radius.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

VoltH2 develops, builds, and operates industrial-scale green hydrogen production facilities using PEM electrolysis powered by renewable electricity from wind and solar. It produces RFNBO-compliant green hydrogen under long-term supply agreements for heavy industry (chemicals, manufacturing), commercial road transport, district heating utilities, and industrial clusters across the Netherlands and Germany. The company also operates on-site hydrogen refueling stations and tube trailer filling stations, and sells by-products such as industrial oxygen and waste heat for district heating.

Product overview

VoltH2 develops and operates green hydrogen production facilities across Europe through electrolysis using renewable electricity. The company operates a portfolio of six production locations: three in the Netherlands (Delfzijl, Vlissingen, Terneuzen) and three in Germany (Gelsenkirchen, Essen, Wilhelmshaven), with combined potential production capacity exceeding 500 MW. VoltH2's core product is green hydrogen (RFNBO-compliant) produced via PEM electrolysis, with byproducts including oxygen and waste heat. Facilities are strategically located at industrial ports and sites with high hydrogen demand from local industry and transport sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Delfzijl Green Hydrogen Facility Green hydrogen production facility in Delfzijl within Groningen Seaports, with planned capacity of up to 50 MW, producing green hydrogen through PEM electrolysis using wind-generated electricity for supply to Evonik and local industry in East Groningen.
• Vlissingen Green Hydrogen Facility Green hydrogen production facility in the North Sea Port area of Vlissingen with 25 MW initial capacity expandable to 50 MW, producing approximately 2,000 tonnes of green hydrogen annually from wind and solar electricity through PEM electrolysis.
• Terneuzen Green Hydrogen Facility Green hydrogen production facility on the Axelse Vlakte in Terneuzen within North Sea Port at the Belgian-Dutch border, with 25 MW initial capacity scalable to 50 MW on a 3-hectare plot enabling cross-border industrial supply.
• Gelsenkirchen Green Hydrogen Facility Green hydrogen production facility in Klimahafen Gelsenkirchen with 10-20 MW capacity, part of the HyPerformer II program, includes an on-site hydrogen refueling station and tube trailer filling station serving local mobility and industrial customers.
• Essen Green Hydrogen Facility Green hydrogen production facility jointly developed with TÜV NORD GROUP in Essen, Germany, with approximately 10 MW capacity, feeding electrolysis waste heat into the Iqony district heating network as part of HyPerformer Region Rhein Ruhr.
• Wilhelmshaven Green Hydrogen Facility First German green hydrogen facility located in Wilhelmshaven, Germany's only deep-water port and energy hub, on a 4-hectare site with planned startup capacity up to 100 MW as part of the Green Energy Hub initiative.
• Hydrogen Refueling Services On-site hydrogen refueling and tube trailer filling services at VoltH2 production facilities in Gelsenkirchen and Essen, serving buses, trucks, and commercial fleet vehicles within an approximately 100 km radius as part of the HyPerformer mobility network and possible cooperation with H2Mobility.
• Electrolysis By-products (Oxygen and Heat) Sale of oxygen and thermal energy produced as by-products of PEM electrolysis to local water treatment facilities and district heating networks such as Iqony in Essen, improving project economics and decarbonizing adjacent utilities.

Quantifiable outcome

• Each 25 MW factory produces ~2,000 tonnes of green hydrogen annually, avoiding ~17 kton CO2 emissions. Full expansion to 125 MW produces ~10,000 tonnes/year avoiding ~85 kton CO2.
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered major, flagship, core and minor.

• Return Industrial Solutions (RIS)majorStrategic or Co-development Partner · 1 January 2026RIS joined as co-developer and partner of Vlissingen and Terneuzen energy hubs since January 2026. Joint research on integration of large-scale energy storage system within energy hub. Project expected to provide grid connection and transport capacity for local companies from 2028.
• EvonikflagshipStrategic or Co-development Partner · 30 January 2025Long-term partnership for green hydrogen production in Delfzijl. VoltH2 to build 50 MW electrolyzer adjacent to Evonik's hydrogen peroxide factory. Evonik to receive green hydrogen for sustainable production. Joint tube trailer hydrogen station for supplying other VoltH2 customers. First green hydrogen electrolysis installation at industrial scale in northern Netherlands, operational end 2027.
• Hydrogen Metropole Ruhr (HyMR)majorStrategic or Co-development Partner · 15 November 2023Consortium through which VoltH2 submitted HyPerformer subsidy application. HyMR serves as project office for Rhine-Ruhr hydrogen region. VoltH2 part of broader consortium including BP, Düsseldorf Airport, E.ON Hydrogen, H2Mobility, Raiffeisen Gas, Stadtwerke, and Air Liquide.
• TÜV NORD GROUP / EE Energy EngineerscoreTechnology or Integration · 26 April 2023Joint development of green hydrogen factory in Essen. EE Energy Engineers (TÜV NORD GROUP specialized in hydrogen, energy efficiency, and sustainability) conducted feasibility study. Project part of HyPerformer Region Rhein Ruhr. Heat from electrolysis will be fed into Iqony district heating network.
• NPorts (Niedersachsen Ports)coreStrategic or Co-development Partner · 9 February 2023Agreement for use of 4 hectare site in Wilhelmshaven deep-water port for green hydrogen factory. NPorts is Germany's largest public port infrastructure company managing five seaports, seven island supply ports, and three regional coastal ports with 700 employees.
• Zeeland Waterstofland ConsortiumminorStrategic or Co-development Partner · 30 January 2023Consortium including Vitrite Middelburg, Blue H Engineering, VoltH2, Yerseke Engine Service (YES), and Impuls Zeeland developing innovative flexible distribution system (hydrogen swapping tank container) for green hydrogen before everyone is connected to hydrogen network.
• H2MobilitymajorChannel Partner/ Reseller/ DistributorLargest European hydrogen refueling company with over 80 stations controlling large portion of German market. Possible cooperation for hydrogen offtake from Gelsenkirchen and Essen facilities. H2Mobility building station in Essen near VoltH2 electrolyzer.
• Gelsenkirchen municipalitycoreStrategic or Co-development PartnerClose cooperation with City of Gelsenkirchen and Gelsenlog for electrolyzer development in Klimahafen. Mayor Karin Welge officially presented operating permit. City promoting hydrogen for industrial employment retention and expansion.
• DMT Energy Engineers / ENCOScoreTechnology or IntegrationTechnical partner supporting VoltH2 in Gelsenkirchen project development alongside city of Gelsenkirchen and Gelsenlog.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• ITM Power: UK-based PEM electrolyzer manufacturer and green hydrogen project developer. Comparable to VoltH2 because both use PEM electrolysis to produce RFNBO-compliant green hydrogen and operate large-scale European hydrogen production projects targeting industrial and mobility customers.
• Nel ASA: Norwegian hydrogen technology company providing PEM and alkaline electrolyzers and operating hydrogen fueling stations. Comparable to VoltH2 as a PEM-based hydrogen producer serving industrial and mobility end markets in Europe.
• Everfuel: Danish-Norwegian green hydrogen value-chain company producing, distributing, and retailing hydrogen. Comparable to VoltH2 as a European green hydrogen developer targeting heavy mobility and industrial customers with on-site production and refueling.

Emerging players

• Hy2Gen: European green hydrogen and e-fuels developer focused on large-scale production facilities for industrial and mobility offtakers. Comparable to VoltH2 as an early-stage project developer building multi-site hydrogen capacity in Europe.

Broad incumbents

• Plug Power: US-based green hydrogen and fuel cell company operating across production, distribution, and mobility end-uses. Comparable to VoltH2 as a hydrogen value-chain participant targeting industrial decarbonization and heavy-duty mobility with PEM-based infrastructure.
• Air Liquide: Global industrial gas major with growing green hydrogen capacity across Europe. Comparable to VoltH2 as a major hydrogen producer serving chemical and industrial customers, but with vastly larger scale, existing customer relationships, and broader portfolio.
• Linde: Global industrial gases and engineering company with significant hydrogen production and clean energy projects. Comparable to VoltH2 as a hydrogen supplier to industrial customers, including green hydrogen initiatives in European port and industrial clusters.
• Iberdrola: Spanish utility with a major green hydrogen pipeline in Europe backed by renewable generation. Comparable to VoltH2 as a green hydrogen developer integrating wind/solar with electrolyzer capacity for industrial customers in port regions.

Others

• Shell (Hydrogen): Shell's hydrogen business is developing large-scale green and blue hydrogen projects across Europe, including in the Netherlands and Germany. Comparable to VoltH2 as a multi-site green hydrogen project developer in the same geographies targeting industrial offtakers.
• Yara International: Norwegian fertilizer and ammonia producer with growing green hydrogen/ammonia initiatives. Comparable to VoltH2 as a major industrial hydrogen consumer pivoting to green hydrogen supply, with potential to be both a competitor for green hydrogen projects and a future offtaker for industrial-scale electrolyzer output.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/volth2
• Xx.com/Volt_H2

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 VoltH2