This article explores 10 new green hydrogen solutions producing hydrogen through environmentally friendly processes, using renewable energy sources to split water into hydrogen and oxygen without emitting carbon, and more. They provide advancements in electrolyzer technology and scalable production methods. As industries from manufacturing to transportation seek sustainable alternatives, the role of green hydrogen companies becomes significant.
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging Green Hydrogen Solutions
- How to Scout the Best Green Hydrogen Solutions Easily
Click to download
Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the green hydrogen industry. This sector is marked by key trends and a substantial workforce, shaping its future. This article was last updated 5 days ago. If you find any info is missing, let us know! Here are some key insights at a glance:
- Latest Green Hydrogen Trends: Some of the latest green hydrogen trends include advanced materials & catalysts, offshore electrolysis, renewable energy integration, small-scale electrolyzers, and advanced hydrogen hubs.
- Green Hydrogen Industry Stats: The global green hydrogen industry encompasses 5.5K+ organizations with an annual growth of 25.53%. Each of these organizations employs about 36 people and has seen the emergence of 1.3K+ new green hydrogen solutions in the past five years. Witnessing 2020 as the average founding year, these 1.3K+ companies receive an average funding of USD 43.5 million.
- List of Green Hydrogen Solutions (Top 10):
- Verdagy – Alkaline Water Electrolysis Electrolyzer
- HyWaves – Electronic Design Architectures Simplification
- Clyde Hydrogen – Decoupled Electrolysis Technology
- PCC Hydrogen – Catalyst Development
- GPSS S.A. – Photovoltaic Systems and Electrolyzers Integration
- REMA – Membrane-Less Electrolysis Technology
- Hysata – Targeted Liquid Delivery Design
- Hydroyal – Membrane Electrode Assemblies Production
- HH2E – Renewable Energy Source Conversion
- Cipher Neutron – Anion Exchange Membrane (AEM) Electrolyzers
Meet 10 out of 1.3K+ Emerging Green Hydrogen Solutions
In this segment, we focus on 10 top green hydrogen solutions. These companies excel in alkaline water electrolysis electrolyzers, simplification of electronic design architectures, and the creation of catalysts. They enhance the efficiency, sustainability, and application scope of green hydrogen production. These green hydrogen solutions contribute to the advancement of green hydrogen technologies, offering scalable and environmentally friendly alternatives for energy conversion.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Verdagy
- Founding Year: 2021
- Employee Range: 51-100
- Location: USA
- Signal Strength: Very Strong
- What they do: Verdagy develops advanced alkaline water electrolysis (AWE) electrolyzers, eDynamic, that scale from 20 to over 200 megawatts. Verdagy’s plant design optimizes grid reliability when integrated with renewable energy sources and the electrolyzer includes a predictive monitoring feature. Its eDynamic electrolyzers use high current density operation and cell technology to operate under different current densities to maximize hydrogen production. The company benefits large-scale industries such as oil and gas, fertilizers, industrial chemicals, steel, mining, and heavy transportation by achieving green hydrogen production within the cost of traditional usage of fossil fuels.
2. HyWaves
- Founding Year: 2022
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very Strong
- What they do: HyWaves, a solar-to-hydrogen technology company, produces an alternative to the power electronics connection between solar photovoltaic and electrolyzer. It simplifies electronic design architectures and enhances electrolyzers for improved hydrogen production. It optimizes electrolyzer performance to accommodate fluctuating renewable energy sources. For this, it uses direct current to direct current coupling to generate maximum photovoltaic (PV) energy for producing green hydrogen. With this, HyWaves maximizes hydrogen output and reduces power electronics while saving capital expenditure on PV inverters.
3. Clyde Hydrogen
- Founding Year: 2022
- Employee Range: 2-10
- Location: UK
- Signal Strength: Medium
- What they do: Clyde Hydrogen deploys large-scale, low-cost green hydrogen-producing systems using decoupled electrolysis technology. This technology separates hydrogen and oxygen production both spatially and temporally using electrolyzers and intermittent renewable energy sources. It addresses key traditional electrolysis challenges such as safety risks, energy source variability, and the need for mechanical compression. For instance, it enables high-pressure hydrogen production without the use of mechanical compressors.
4. PCC Hydrogen
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: PCC Hydrogen uses Pyrocat catalyst and PCC Hydrogen process to convert ethanol into green hydrogen. The catalyst ensures catalytic oxidative reforming while preventing carbon buildup and sulfur contamination. This process captures carbon dioxide as a byproduct, resulting in a net negative carbon footprint. Further, it provides catalytic oxidative reforming of ethanol, other biofuels, and renewable natural gas feedstocks. Also, it aligns with existing electrolyzer systems. This reduces the cost and makes green hydrogen readily available.
5. GPSS
- Founding Year: 2021
- Employee Range: 2-10
- Location: Luxembourg
- Signal Strength: Very Strong
- What they do: GPSS offers solutions for storing and managing renewable energy through green hydrogen production. It integrates photovoltaic systems (Agri-PV) with electrolyzers to convert excess renewable electricity into storable hydrogen. This stored hydrogen is then used during low renewable energy production, creating a decentralized and controllable energy source.
6. REMA
- Founding Year: 2024
- Employee Range: 2-10
- Location: Switzerland
- Signal Strength: Strong
- What they do: REMA produces green hydrogen through its proprietary membrane-less electrolysis technology. This technology utilizes fluid mechanics for electrolyte flow control and an optimized reactor design. Thus, it operates at elevated temperatures of 145°C and without the need for polymeric membranes. Its product, REMA SMALL, is used for light mobility and gadgets, whereas REMA LARGE, is used for refueling stations and other industrial applications. The company, thus, provides cost-effective and high-quality hydrogen output.
7. Hysata
- Founding Year: 2021
- Employee Range: 11-50
- Location: Australia
- Signal Strength: Very Strong
- What they do: Hysata develops a membrane-based design that allows targeted delivery of liquid between electrodes. The design allows for bubble-free operation and reduces the resistance in the cell. It simplifies the balance of plant (BOP) to ensure lower operational costs and electricity waste and leverage modular design for scalability. Also, the design uses earth-abundant materials to reduce capital expenditures. The company decarbonizes the sectors traditionally reliant on fossil fuels, such as steel and chemicals, heavy transport, or hard-to-abate industries.
8. Hydroyal
- Founding Year: 2022
- Employee Range: 2-10
- Location: Sweden
- Signal Strength: Medium
- What they do: Hydroyal produces membrane electrode assemblies (MEA) using sustainable materials for alkaline and anion exchange membrane electrolysis. It merges platinum group metal-free (PGM-free) catalysts with membranes to obtain catalyst coated membrane (CCM). The alkaline and AEM electrolyzers operate with a lower, 0.1M to 2M, potassium hydroxide (KOH) concentration, reducing operational challenges. The MEAs enhance electrolyzer stack efficiency and achieve high hydrogen purity under electrolyzer-friendly conditions. Hydroyal thus produces green hydrogen at a large scale, employing eco-friendly and cost-effective materials.
9. HH2E
- Founding Year: 2021
- Employee Range: 51-100
- Location: Germany
- Signal Strength: Very Strong
- What they do: HH2E integrates electrolysis and battery technology to convert intermittent solar and wind energy into a stable power supply, heat, green hydrogen, and electricity. Also, it utilizes waste heat from electrolysis for local heat demands and stores peak power for industrial use. It converts old fossil-fuel plants to new-generation power stations, leveraging existing infrastructure for a sustainable energy future. The company serves industries, mobility sectors, and municipalities.
10. Cipher Neutron
- Founding Year: 2020
- Employee Range: 11-50
- Location: Canada
- Signal Strength: Medium Strong
- What they do: Cipher Neutron’s anion exchange membrane (AEM) electrolyzers that pass hydroxyl ions without PGMs, result in a cost-effective and sustainable hydrogen production process. Additionally, Cipher Neutron offers a reversible fuel cell technology that functions as both an electrolyzer and a fuel cell. This technology enables the storage of green hydrogen in a non-compressed form using graphene slurry, promoting a more efficient and flexible energy storage solution. It caters to the chemical, oil and gas, mining, steel, and transportation industries.
Quick Tip to Find New Green Hydrogen Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new green hydrogen solutions provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying green hydrogen innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the green hydrogen industry. The platform keeps you informed with near real-time updates on emerging green hydrogen solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the green hydrogen sector, such as decoupled electrolysis technology, anion exchange membrane electrolyzer, or membrane-less electrolysis technology. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Explore All New Green Hydrogen Solutions!
We’ve explored the dynamic landscape of the green hydrogen industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Hydrogen Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. Have expertise in startups or technology? Your input can enrich our content — consider collaborating with us!
