Hydrogenious LOHC Technologies

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Next-gen Hydrogen Distribution
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Germany-based Hydrogenious LOHC Technologies offers hydrogen storage and distribution services, based on its proprietary Liquid Organic Hydrogen Carrier (LOHC) technology. The company’s two product offerings, “StoragePLANTS” and “ReleasePLANTS,” can be customized in size to optimize the footprint for individual customers.

StoragePLANTS are designed for large-scale storage of hydrogen in the form of LOHC oil, with capacities starting at five tons per day. The company also offers containerized systems with 2 lbs of hydrogen per hour for smaller projects and application pilots. The company’s ReleasePLANTS are designed to release hydrogen from the LOHC oil, with capacities starting at 1.5 tons per day, which the company says is ideal for fueling stations and industrial supply. The company also offers containerized systems that release 2 lbs of hydrogen per hour for smaller projects and pilot applications.

As of January 2023, the company and its partner Vopak are building an LOHC storage facility in Chempark Dormagen, Germany, and a release facility in Rotterdam, the Netherlands with a release capacity of 1.5 tons of hydrogen per day.

Hydrogenious LOHC Emirates, based in the UAE, is a joint venture with Emirates Specialized Contracting & Oilfield Services (ESCO) to provide regional hydrogen storage and transportation solutions starting in 2021. Hydrogenious LOHC Maritime, based in Norway, was founded in 2021 jointly with Østensjø Group to develop a zero-emission on-board propulsion system with an LOHC/fuel cell solution for the global shipping industry.

Key customers and partnerships

Hydrogenious LOHC Technologies and its subsidiaries have entered into several partnerships to promote the use of green hydrogen in the shipping industry, and to develop its supply chain:

In February 2024, the company received official notification from the EC for the Green Hydrogen@Blue Danube project, for which the company will build a ReleasePLANT near the Danube to create a green hydrogen supply hub in Bavaria. In December 2023, Hydrogenious partnered with Clarksons Specialised Products, a company active in the chemical tanker market, to build a maritime supply chain for the transportation of green hydrogen. In May 2023, the company signed an MoU with European barge operator HGK Shipping, for the HyBarge project, which aims to develop solutions for the use of hydrogen in barge transportation.

In March 2023, the company partnered with Alma Clean Power to develop a fully integrated LOHC solid oxide fuel cell (LOHC-SOFC) power system as part of the HyNjord project, which focuses on developing a 100 KW pilot powertrain to operate on an offshore supply vessel. The Ship-aH2oy project, which aims to develop a zero-emission propulsion technology for ships using green hydrogen from LOHCs, was launched in February 2023 with 17 partners. As one of the project partners, the company will oversee the detailed design of the LOHC release unit and its integration with the SOFC.

In January 2023, the company formed a joint venture called LOHC Logistix with tank storage company Vopak, to store, transport, and delivery hydrogen using its LOHC technology. Other storage-related partnerships include one with tank storage company Evos and the Port of Amsterdam—the three partners signed an MoU in October 2022 to jointly develop hydrogen import facilities at the port. Earlier, in May 2022, the company successfully completed the joint EU project HySTOC, which used the company’s LOHC technology for hydrogen storage and transport in Finland. In October 2021, the company partnered with Bilfinger, an industrial services provider, to make green hydrogen commercially available on a large scale in Europe through a stationary LOHC plant.

Further, Hydrogenious partnered with Uniper (a German utility), JERAS Americas (a Japanese renewable energy equipment manufacturer), and Abu Dhabi National Oil Company (ADNOC) to jointly explore hydrogen transport between the UAE and Germany (March 2022), with CWP Global (a renewable energy development company) to explore a hydrogen transport chain from Morocco to Europe (May 2023), and with Greenergy to explore the development of a green hydrogen supply chain from Canada to the UK (March 2023).

Funding and financials

The company’s latest funding was in September 2021, when it raised EUR 50 million (~USD 54.1 million) in a venture round led by JERA Americas. Hydrogenious intends to use the funds to develop LOHC plants in Europe, North America, and Asia.


HQ location:
Weidenweg 13 Erlangen DEU
Founded year:
2013
Employees:
101-250
IPO status:
Private
Total funding:
USD 77.9 mn
Last Funding:
-
Last valuation:
-
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