H2V

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.

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

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

• Green hydrogen production
• Synthetic fuel manufacturing
• Water electrolysis
• E-methanol synthesis
• Sustainable aviation fuel

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Others

Revenue model

1. 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.
2. 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.
3. 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

Core 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

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• ValloureccoreStrategic or Co-development Partner · 1 January 2026Vallourec, 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 TechcoreStrategic or Co-development Partner · 1 January 2026NextChem Tech is a strategic partner in H2V's green hydrogen value chain, collaborating on technology and deployment of green hydrogen solutions.
• GeostockcoreStrategic or Co-development Partner · 1 January 2026Geostock 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

Direct 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

• Xx.com/H2V_industry

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 H2V