HPower Technologies
- Company typePrivate
- Founded2013
- HeadquartersLuís Correia, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
HPower Technologies firmographics
Firmographics- Name
- HPower Technologies
- Legal name
- HPower Technologies
- Website
- https://hpowertech.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
HPower Technologies industry classification
Industry- Product category
- Fuel Cell Power Generation
- NAICS
- Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991), Motors & Generators (3621)
- akta.pro primary industry
- Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM) (EUACALAK)
- akta.pro secondary industry
- Fuel Cell CHP (SOFC/PEM—Natural Gas/Biogas/Hydrogen) (EUACAKAG)
Keywords
Where HPower Technologies is headquartered
LocationHeadquarters
- HQ city
- Luís Correia
- HQ country
- Brazil
- HQ region
- Latin America
Markets served
HPower Technologies business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
HPower Technologies product offering
Product offeringCore offering
HPower Technologies develops and commercializes fuel cell power generation technology, with its flagship product being the LC30 Fuel Cell Generator. The company provides solutions designed for saving fuel, improving operations, and reducing emissions in power generation applications, and is pursuing early commercial adoption through international trial deployments.
Product overview
Based on available source data, HPower Technologies appears to operate in fuel cell power generation technology, with the LC30 fuel cell generator being a primary product offering. The company reported early commercial momentum through a deal to supply fuel cell generators for trials in the Middle East region.
Differentiator
Problem solved
Functional benefit
Products and services
- LC30 Fuel Cell Generators Fuel cell power generation units designed for commercial applications. The LC30 model has been sold to enterprise customers for trials and is being commercialized for various markets, including international deployments such as trials in Saudi Arabia through a partnership with TAMGO.
Companies that use HPower Technologies
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
HPower Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
HPower Technologies partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TAMGOminorH-Power agreed to sell two LC30 fuel cell generators to TAMGO for trials in Saudi Arabia. This deal marks early commercial momentum for H-Power's fuel cell technology and represents a step toward market entry in the Middle East region. The transaction demonstrates initial commercial adoption of the company's fuel cell products.
Scale indicators1 record
Recent moves3 records
Expansion highlights3 records
HPower Technologies competitors and assessment
Company assessmentDirect peers
- Bloom Energy: Bloom Energy is the leading stationary solid oxide fuel cell (SOFC) generator manufacturer, selling units like the Bloom Energy Server to commercial and industrial customers globally. Direct overlap with HPower's LC30 fuel cell generator target market.
- FuelCell Energy: FuelCell Energy operates molten carbonate and solid oxide fuel cell platforms for utility-scale and industrial power generation. Comparable to HPower in distributed fuel cell power generation technology and customer segments.
- Doosan Fuel Cell: Doosan Fuel Cell is a major stationary fuel cell generator manufacturer with established SOFC product lines deployed across South Korea and expanding internationally. Comparable as a fuel cell distributed generation competitor.
- Plug Power: Plug Power develops PEM fuel cell systems for stationary and motive power applications. Comparable to HPower as a fuel cell platform targeting commercial-scale power generation and emerging hydrogen economy use cases.
- Ballard Power Systems: Ballard designs and manufactures PEM fuel cell products for stationary power, heavy-duty motive, and backup power markets. Directly comparable as a fuel cell technology vendor pursuing commercial-scale deployments.
Broad incumbents
- Caterpillar: Caterpillar manufactures large-scale diesel and gas generator sets and power solutions through its Electric Power division. Comparable as a broad incumbent competing in the distributed and standby power generation market targeted by HPower's LC30.
- Cummins: Cummins is a global power generation incumbent offering diesel, natural gas, and fuel cell-adjacent generator sets across industrial and commercial markets. Broadly comparable as an established power-generation equipment supplier competing for the same distributed generation customers.
- Generac Holdings: Generac is a leading manufacturer of backup and prime power generators across residential, commercial, and industrial segments. Comparable as a broad incumbent in on-site distributed power generation equipment.
Emerging players
- PowerCell Sweden: PowerCell Sweden develops PEM fuel cell stacks and systems for stationary and marine applications. Comparable as a smaller, fuel cell-focused peer pursuing similar commercial-stage deployments in industrial power markets.
- Nedstack: Nedstack manufactures PEM fuel cell systems for heavy-duty and stationary power applications in Europe. Comparable as a niche, fuel cell-only peer with overlapping customer use cases in industrial and backup power.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat1 record
Key risks5 records
Key highlights5 records
Customer concentration
HPower Technologies social profiles
Digital presenceHPower Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
HPower Technologies leadership team
Management profileNumber of profiles
Profiles1 record
HPower Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HPower Technologies 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 HPower Technologies
What does HPower Technologies do?
HPower Technologies develops and commercializes fuel cell power generation technology, with its flagship product being the LC30 Fuel Cell Generator. The company provides solutions designed for saving fuel, improving operations, and reducing emissions in power generation applications, and is pursuing early commercial adoption through international trial deployments.
Is HPower Technologies a public or private company?
HPower Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HPower Technologies founded?
HPower Technologies was founded in 2013. It employs 11 to 50 people.
Where is HPower Technologies based?
HPower Technologies is headquartered in Luís Correia, Brazil, in the Latin America region.
Who are HPower Technologies's main competitors?
Direct peers on record are Bloom Energy, FuelCell Energy, Doosan Fuel Cell, Plug Power and Ballard Power Systems. Broad incumbents are Caterpillar, Cummins and Generac Holdings. Emerging players are PowerCell Sweden and Nedstack.
Does HPower Technologies have an API?
No public API is recorded for HPower Technologies.
What industry is HPower Technologies in?
HPower Technologies's product category is Fuel Cell Power Generation. Its primary akta.pro industry code is EUACALAK, Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM), with a secondary code of EUACAKAG, Fuel Cell CHP (SOFC/PEM—Natural Gas/Biogas/Hydrogen). Its NAICS code is 22111 and its SIC code is 4991.