Power to Hydrogen

Country
United States of America
First investment date
Status
Active
Finindus lead
Hans Maenhout
Investment domains
Sustainable manufacturing
Co-investors
Rev1 Ventures
Worthington Enterprises
JERA
Asahi Kasei
American Electric Power
EDP Ventures
E.ON
ESB
FH Capital
INP Capital
Hyperion
Power to Hydrogen
Gallery

P2H2 develops and commercializes both medium (30 bar) and high-pressure (250 bar) anion exchange membrane (AEM) electrolyser technology. The patented architecture and in house developed and produced electrodes assure optimal performance and long durability of both the membrane and the iridium free electrodes. The systems have proven performance in renewable load following, including harsh cycling tests, without any substantial degradation effects.

Making hydrogen through electrolysis using renewable power is not quite as easy as what people will lead you to believe. P2H2 electrolysers are capable of load following behaviour without accelerated membrane-electrode assembly degradation. Having cracked the code of durability of anion exchange membrane electrolysers, there is now a clear option for industrial size, medium and high-pressure, iridium free AEM electrolysers.

Website
https://power-h2.com/

What do our companies say ?

  • Der Aufbau eines Spin-Off Unternehmens und das Upscaling aufgebauter Technologien ist nicht völlig risikofrei. Hier hat sich Finindus nicht nur als Investor sonder auch als verlässlicher Partner herausgestellt, mit dem auch mal Engpässe überwunden werden können. Kann das eingeschlagene Konzept bestätigt werden, so ist die langfristige Investionsausrichtung van Finindus eine verlässige Wachtstumsgrundlage.

    Dr. Dirk Bohmann, founder of Borit GmbH

  • When Expanite was looking for new investors in 2014, a clear objective was to find international partners who could bring more to the company than simply financial support. After having Finindus on board for two years, we can confirm that we found exactly what we were looking for. The combination of skills, international outlook and experience - as well as insight into our industry - brings true value to our company.

    Thomas Abel Sandholdt, CEO of Expanite, DK

  • From the start, we were impressed by Finindus's knowledge of the industry and the opportunity for collaboration. Within a few months of closing the investment, we are already pursuing several potential projects together with ArcelorMittal and OCAS. The Finindus team has been great to work with, and the deep knowledge of and connections within the steel industry have been extremely valuable in accelerating our company's development. 

    Eric Smith, CEO Keystone Tower Systems

  • Finindus has been an ideal shareholder for us, investing with a long-term horizon and showing commitment in everything they do. Over the past 10 years, and by participating actively in our board, the hav contributed with very valuable strategic as well as more industry-specific knowledge and have shown a tremendous engagement in he development of the company. 

    Per Wassen, President ad CEO of PowerCell Sweden AB