H2V
H2V is a Paris-based industrial company founded in 2016 that develops and builds gigafactories producing green hydrogen via water electrolysis plus synthetic e-methanol and e-SAF for decarbonizing industry, refining, heavy trucking, maritime, and aviation sectors across France.
- Company typePrivate
- Founded2016
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What H2V does
H2V is a privately held French industrial company founded in 2016 and headquartered in Paris that develops, invests in, and constructs gigafactories for the production of green hydrogen and synthetic fuels. Its core technology is water electrolysis — splitting water into hydrogen and oxygen using electricity sourced from renewable Power Purchase Agreements (PPAs) or France's low-carbon nuclear/grid mix — combined with CO2 utilization processes (methanolation, Methanol-to-Jet, Fischer-Tropsch) to produce derivative e-methanol and e-SAF (synthetic aviation fuel).
H2V's product portfolio comprises four main offerings: (1) green hydrogen for industrial decarbonization, refining desulfurization, and heavy-truck fuel applications; (2) e-methanol (requiring ~0.2 tonnes H2 and ~1.4 tonnes CO2 per tonne produced) for maritime transport; (3) e-SAF (requiring ~0.5 tonnes H2 and ~3.2 tonnes CO2 per tonne produced), blended with kerosene up to 50% for aviation; and (4) the gigafactory infrastructure itself. The company's project pipeline includes H2V Marseille Fos (600 MW), H2V Dunkerque, H2V Thionville (200 MW), H2V Normandy (200 MW), and a HUB Decarbonation hub initiative — collectively representing multiple gigawatts of planned electrolyzer capacity.
H2V operates as a B2B enterprise with field sales to industrial, refining, transportation, maritime, and aviation customers through direct supply agreements. Distribution leverages pipeline/contract supply for hydrogen and multi-modal transport (train, barge, truck) for synthetic fuels. The company holds ISO 9001 certification and has established partnerships with Vallourec (underground hydrogen storage), NextChem Tech, and Geostock to build out the green hydrogen value chain. The firm remains privately held with no publicly disclosed revenue or funding data.
H2V firmographics
Firmographics- Name
- H2V
- Legal name
- H2V
- Website
- https://h2vproduct.net
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- H2V is a Paris-based industrial company founded in 2016 that develops and builds gigafactories producing green hydrogen via water electrolysis plus synthetic e-methanol and e-SAF for decarbonizing industry, refining, heavy trucking, maritime, and aviation sectors across France.
- Ownership category
- akta.pro rank
H2V industry classification
Industry- Product category
- Green Hydrogen Production
- NAICS
- Industrial Gas Manufacturing (32512), Industrial Gas Manufacturing (325120), Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC)
- akta.pro secondary industries
- Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols) (EUABAIAB), E‑Fuels & Synthetic Hydrocarbons (e‑kerosene, e‑diesel, e‑gasoline, e‑methane) (EUABAIAA), Sustainable Aviation Fuel (SAF) & Alternative Fuels (e-fuels, biofuels, hydrogen) (THABANAA), Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC)
Keywords
Where H2V is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Markets served
H2V business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Others
Revenue model
- Green Hydrogen Sales: H2V produces and sells green hydrogen to industrial customers for decarbonization applications, replacing grey hydrogen, natural gas, and coal in manufacturing processes.
- E-methanol Sales: Production and sale of e-methanol (synthetic methanol) for maritime transport and industrial applications. Can be transported via train, barge, or truck.
- E-SAF (Sustainable Aviation Fuel) Sales: Production and sale of synthetic aviation fuel blended with traditional kerosene (up to 50% incorporation rate) for air transport decarbonization.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
H2V product offering
Product offeringCore offering
H2V invests in, develops, and operates gigafactories that produce green hydrogen via water electrolysis using renewable or low-carbon French grid electricity. The company also produces synthetic fuels — e-methanol (by combining green hydrogen with captured CO2 through methanolation) and e-SAF (synthetic aviation fuel via Methanol-to-Jet or Fischer-Tropsch processes) — for industrial decarbonization across refining, heavy trucking, maritime, and aviation sectors.
Product overview
H2V operates as a developer and operator of gigafactories for green hydrogen and synthetic fuel production. The company operates a portfolio of four main gigafactory projects across France: H2V Marseille Fos (600 MW), H2V Dunkerque, H2V Thionville (200 MW), and H2V Normandy (200 MW), plus the HUB decarbonation hub initiative. Core products include green hydrogen produced via water electrolysis, e-methanol (synthetic methanol from green hydrogen and captured CO2), and e-SAF (synthetic aviation fuel from green hydrogen and CO2 via Methanol-to-Jet or Fischer-Tropsch processes). The company also develops Power Purchase Agreement (PPA) renewable electricity procurement and leverages France's low-carbon grid mix for hydrogen production.
Differentiator
Problem solved
Functional benefit
Products and services
- H2V Green Hydrogen (Hydrogène vert) Green hydrogen produced via water electrolysis of water, using renewable electricity secured through Power Purchase Agreements (PPAs) or low-carbon French grid electricity. Sold to industrial customers for replacement of grey hydrogen, natural gas, and coal in manufacturing, refining, and heavy transportation applications.
- e-methanol (Méthanol de synthèse) Synthetic methanol produced by combining green hydrogen (renewable or low-carbon) with captured CO2 through a methanolation reaction, then separated via distillation columns. Production requires approximately 0.2 tonnes of green hydrogen and 1.4 tonnes of CO2 per tonne of e-methanol. Delivered via train, barge, or truck for maritime propulsion and industrial applications.
- e-SAF (E-kérosène / Sustainable Aviation Fuel) Synthetic aviation fuel produced by combining H2 and CO2 via Methanol-to-Jet or Fischer-Tropsch processes, blended with traditional kerosene at up to 50% incorporation rate. Production requires approximately 0.5 tonnes of green hydrogen and 3.2 tonnes of CO2 per tonne of synthetic fuel.
- H2V Gigafactories Large-scale industrial facilities for producing green hydrogen and synthetic fuels, including gigawatt-scale electrolyzer installations across multiple French locations: H2V Marseille Fos (600 MW), H2V Dunkerque, H2V Thionville (200 MW), H2V Normandy (200 MW), and the HUB decarbonation hub.
Quantifiable outcome
- Zero direct emissions, particulate matter, nitrogen oxide, or CO2 during hydrogen production and use
Companies that use H2V
Customer profileSegments5 records
Ideal customer profiles5 records
H2V technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
H2V partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- ValloureccoreVallourec, a world leader in premium seamless tubular solutions, has established a partnership with H2V to advance green hydrogen value chain deployment. Vallourec's Delphy underground hydrogen storage solution (capable of storing up to 100 tons of hydrogen vertically) works with H2V as part of the green hydrogen ecosystem. The partnership supports scalable green hydrogen production and storage solutions.
- NextChem TechcoreNextChem Tech is a strategic partner in H2V's green hydrogen value chain, collaborating on technology and deployment of green hydrogen solutions.
- GeostockcoreGeostock partners with H2V to support underground hydrogen storage solutions as part of the comprehensive green hydrogen value chain infrastructure.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
H2V competitors and assessment
Company assessmentDirect peers
- Plug Power: US-based green hydrogen producer deploying GW-scale electrolyzer capacity for industrial and mobility customers. Closely comparable to H2V on electrolyzer gigafactory model and multi-sector green hydrogen offtake.
- HIF Global: Chile/US e-fuels developer producing e-methanol and e-gasoline/e-SAF from green hydrogen and captured CO2. Closely comparable to H2V on H2 + CO2 → synthetic fuel pathway targeting transport decarbonization.
- Nel ASA: Norwegian electrolyzer OEM and project developer with utility-scale hydrogen plant references in Europe. Comparable to H2V on electrolyzer-based green hydrogen deployment for industrial clusters.
- ITM Power: UK PEM electrolyzer manufacturer and project developer building large-scale hydrogen production hubs for industrial and transport offtakers. Direct peer on electrolyzer gigafactory model and B2B green hydrogen supply.
Broad incumbents
- EDF: French state-owned utility leveraging its low-carbon nuclear baseload to develop hydrogen production sites, including Hynamics subsidiary. Same French regulatory perimeter and low-carbon grid advantage as H2V.
- Engie: French utility developing GW-scale electrolyzer and renewable hydrogen projects in France and Belgium, often co-located with industrial clusters. Directly comparable to H2V on French green hydrogen supply for industry and mobility.
- Iberdrola: Spanish utility with one of Europe's largest announced electrolyzer pipelines and explicit focus on green hydrogen and green methanol. Comparable business model to H2V of integrated renewable power + hydrogen production.
- Linde: Industrial gas and hydrogen incumbent with growing blue/green hydrogen project pipeline globally, including European electrolysis hubs. Comparable to H2V in serving industrial and refining off-takers with hydrogen and e-fuel precursors.
- Air Liquide: Global industrial gas major operating the world's largest hydrogen pipeline network and developing GW-scale electrolyzer projects across Europe, including France. Direct overlap with H2V on green hydrogen production for industrial and mobility off-takers.
- TotalEnergies: Integrated energy major actively developing green hydrogen, e-methanol, and e-SAF projects in France and Europe with downstream offtake via its refining and marketing network. Closely comparable to H2V across the full H2-to-e-fuel value chain.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
H2V social profiles
Digital presenceH2V compliance and trust
Trust signalCompliance1 record
H2V financial estimates
Financial estimateRevenue estimate
Valuation estimate
H2V leadership team
Management profileNumber of profiles
H2V funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
H2V M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about H2V
What does H2V do?
H2V invests in, develops, and operates gigafactories that produce green hydrogen via water electrolysis using renewable or low-carbon French grid electricity. The company also produces synthetic fuels — e-methanol (by combining green hydrogen with captured CO2 through methanolation) and e-SAF (synthetic aviation fuel via Methanol-to-Jet or Fischer-Tropsch processes) — for industrial decarbonization across refining, heavy trucking, maritime, and aviation sectors.
Is H2V a public or private company?
H2V is a private company. It is classified as unknown and is currently operating.
When was H2V founded?
H2V was founded in 2016. It employs 11 to 50 people.
Where is H2V based?
H2V is headquartered in Paris, France, in the Europe region.
How does H2V make money?
Three revenue lines are on record. Green Hydrogen Sales are the primary driver. The others are E-methanol Sales and E-SAF (Sustainable Aviation Fuel) Sales.
Who are H2V's main competitors?
Direct peers on record are Plug Power, HIF Global, Nel ASA and ITM Power. Broad incumbents are EDF, Engie, Iberdrola, Linde, Air Liquide and TotalEnergies.
Does H2V have an API?
No public API is recorded for H2V.
What industry is H2V in?
H2V's product category is Green Hydrogen Production. Its primary akta.pro industry code is EUABAJAC, Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol), with a secondary code of EUABAIAB, Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols). Its NAICS code is 32512 and its SIC code is 2860.