Electriq Global

Israel-based Electriq Global (formerly Terragenic) has developed a technology that can hydrogenate renewable hydrogen into a zero-emission solid-fuel (potassium borohydride or KBH4) that can be later be dehydrogenated at the source to power hydrogen fuel cells. The company claims that its technology overcomes the problems associated with transporting gaseous or liquid hydrogen, which is both expensive and hazardous. Instead, the company’s hydrogenated solid-fuel comes in the form of a salt-like powder, which can even be transported even in a regular box or a bag (as opposed to the special tanks and containers required for gaseous and liquid hydrogen) and can be stored for years without evaporation or waste.

In September 2022, Electriq Global launched its first product, Joshua, an 8kW/80kWh genset powered by hydrogen powder in Amsterdam, reportedly the world’s first.

Electriq Global is incorporated in Australia, operates in the EU from the Netherlands, and has its research and development center in Israel.

Key customers and partnerships

In February 2023, the company partnered with Zenith Energy Terminals, a global energy storage and handling company, to build the first Electriq Powder manufacturing plant at Zenith Energy’s terminal in the Port of Amsterdam. The plant will produce green hydrogen using renewable energy generated by Zenith’s on-site wind turbines.

In December 2020, Electriq partnered with BOOT10 Amsterdam, a Dutch operator of passenger canal boats, to collaborate to equip its boats with an Electriq PowerPack using Electriq Fuel, starting in January 2021. In January 2021, Electriq also partnered with GVG Oil Trade, a Benelux wholesaler of petroleum and specialty petroleum products, to develop and implement Electriq’s storage, distribution, and return flow logistics. The two companies plan to work with Dutch and EU authorities to obtain the necessary regulatory approvals and permits to start commercial distribution in early 2022.

In March 2021, Electriq partnered with the Port of Amsterdam, Evos, Hydrogenious, and HSL Technologies (formerly HySiLabs) to investigate the technical and commercial feasibility of importing and storing hydrogen on an industrial scale. This initiative is called H2A (previously H2Gate). The parties are working together on a blueprint for an import, storage, distribution and trading hub, consisting of facilities with a total throughput capacity of one million metric tons of hydrogen per year.

Funding and financials

Electriq's latest funding was in October 2023, when the company was awarded a EUR 1.1 million (~USD 1.2 million) grant from the Netherlands Enterprise Agency to develop Electriq's hydrogen powder manufacturing plant.