Electric Hydrogen
Founded Year
2020Stage
Line of Credit | AliveTotal Raised
$798.3MValuation
$0000Last Raised
$100M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-40 points in the past 30 days
About Electric Hydrogen
Electric Hydrogen focuses on the production of hydrogen through electrolysis technology within the renewable energy sector. The company produces electrolyzers that facilitate hydrogen production. Electric Hydrogen serves sectors such as refineries, eFuels, critical industries, and ammonia production. It was founded in 2020 and is based in Devens, Massachusetts.
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ESPs containing Electric Hydrogen
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The industrial hydrogen tech developers market encompasses companies that design and manufacture hydrogen production, storage, and utilization technologies for commercial and industrial applications. These developers create fuel cell systems, electrolyzers, and hydrogen storage solutions that enable clean power generation, energy storage, and zero-emission transportation for heavy-duty vehicles an…
Electric Hydrogen named as Challenger among 15 other companies, including Plug Power, Toyota, and Bloom Energy.
Electric Hydrogen's Products & Differentiators
HYPRPlant
Electric Hydrogen manufactures the world’s most powerful electrolyzers for critical industries to produce the lowest cost clean hydrogen. The company’s complete electrolyzer solution, HYPR Plant, includes all system components required to turn water and electricity into hydrogen and is configurable for projects with electrolysis capacities from 80MW to 120MW
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Research containing Electric Hydrogen
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Electric Hydrogen in 5 CB Insights research briefs, most recently on Jul 10, 2024.
Expert Collections containing Electric Hydrogen
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Electric Hydrogen is included in 6 Expert Collections, including Construction Tech.
Construction Tech
1,490 items
Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more
Unicorns- Billion Dollar Startups
1,276 items
Oil & Gas Tech
4,702 items
Companies in the Oil & Gas Tech space, including those focused on improving operations across upstream, midstream, and downstream sectors, as well as those working on sustainable fuels.
Energy Storage
5,350 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Hydrogen Energy Tech
3,196 items
Companies that are engaged in the production, utilization, or storage and distribution of hydrogen energy. This includes, but is not limited to, companies that manufacture hydrogen, those that convert hydrogen into usable energy, and those that store and distribute hydrogen.
Renewable Energy
4,803 items
Electric Hydrogen Patents
Electric Hydrogen has filed 17 patents.
The 3 most popular patent topics include:
- industrial gases
- electrochemistry
- fuel cells
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/21/2022 | 3/25/2025 | Fluid dynamics, Fuel cells, Aerodynamics, Engine technology, Electrochemistry | Grant |
Application Date | 12/21/2022 |
|---|---|
Grant Date | 3/25/2025 |
Title | |
Related Topics | Fluid dynamics, Fuel cells, Aerodynamics, Engine technology, Electrochemistry |
Status | Grant |
Latest Electric Hydrogen News
Jun 4, 2025
Electric Hydrogen, a U.S. manufacturer of advanced electrolyzers, has selected The Weitz Company, through an affiliate, as the engineering, procurement and construction (EPC) partner for the installation of its 100 megawatt (MW) HYPRPlant at Infinium’s Roadrunner eFuels project in West Texas. Project Roadrunner is expected to be the world’s largest eFuels facility, producing synthetic aviation fuel, diesel and naphtha for aviation and heavy transport markets. Electric Hydrogen’s complete electrolysis solution, HYPRPlant, leverages the company’s proprietary high-power proton exchange membrane (PEM) technology to deliver ultra-low-cost hydrogen made with renewable energy. Built mostly in Texas and shipped as modular skids, the system reduces total installed project costs by as much as 60% and significantly shortens deployment timelines. The Weitz Company brings deep industrial EPC experience to the project, ensuring reliable and professional execution. The project will boost local job creation in West Texas. “Electric Hydrogen’s technology opens new market opportunities for us in clean energy infrastructure,” said Jesse Hammes, Vice President of Industrial at The Weitz Company. “We’re proud to contribute our expertise to a project of this scale and significance.” “This is a defining moment for our company and the renewable hydrogen sector,” said Josh Stewart, Vice President of Deployment at Electric Hydrogen. “Working with Weitz, we’re demonstrating that American-made electrolyzer systems can deliver at industrial scale, on time and on budget at significantly lower total cost than competing solutions.” For more information about Electric Hydrogen’s HYPRPlant, visit https://eh2.com/. Source: Electric Hydrogen
Electric Hydrogen Frequently Asked Questions (FAQ)
When was Electric Hydrogen founded?
Electric Hydrogen was founded in 2020.
Where is Electric Hydrogen's headquarters?
Electric Hydrogen's headquarters is located at 33 Jackson Road, Devens.
What is Electric Hydrogen's latest funding round?
Electric Hydrogen's latest funding round is Line of Credit.
How much did Electric Hydrogen raise?
Electric Hydrogen raised a total of $798.3M.
Who are the investors of Electric Hydrogen?
Investors of Electric Hydrogen include Stifel Financial - Venture Banking, J.P. Morgan, HSBC Bank USA, Hercules Capital, U.S. Department of Energy and 26 more.
Who are Electric Hydrogen's competitors?
Competitors of Electric Hydrogen include McPhy, John Cockerill, Sunfire, Hygreen Energy, Granular Energy and 7 more.
What products does Electric Hydrogen offer?
Electric Hydrogen's products include HYPRPlant.
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Compare Electric Hydrogen to Competitors
Cipher Neutron develops Anion Exchange Membrane (AEM) electrolyzers and reversible fuel cells within the green hydrogen production and energy storage industry. It offers AEM Electrolysers, which are used for the electrolytic splitting of water into hydrogen and oxygen gases, and Reversible Fuel Cells, which can generate electricity from hydrogen and vice versa. It sells to sectors including chemical, oil and gas, mining, and steel industries. It was founded in 2021 and is based in Toronto, Canada.
Sunfire develops and manufactures electrolyzers for producing renewable hydrogen, syngas, and electronic fuel. Its main products include pressurized alkaline electrolyzers and solid oxide electrolyzers, aimed at supporting large-scale renewable energy integration and sustainable fuel production. The company was founded in 2010 and is based in Dresden, Germany.
Power to Hydrogen provides clean energy solutions. The company specializes in the development and commercialization of technology that converts renewable electricity and water into hydrogen. It serves various markets, including fuel production, petroleum refining, glassmaking, steelmaking, and utility-scale solar and wind installations. It was founded in 2019 and is based in Columbus, Ohio.
Proteum Energy is a green technology company that provides micro-refining technologies capable of producing blue hydrogen and designer fuels for power and compression, from flare and residual gas. Proteum Energy was formerly known as ZHRO Power. The company was founded in 2020 and is based in Phoenix, Arizona.
Stargate Hydrogen specializes in the development and manufacturing of electrolyzers within the green hydrogen production industry. The company provides alkaline electrolyzers and related systems designed to produce green hydrogen, primarily for industrial decarbonization. Stargate Hydrogen's products cater to sectors that are traditionally high carbon emitters, such as heavy transport, steelmaking, and the chemical industry. It was founded in 2021 and is based in Tallinn, Estonia.
Enapter specializes in the production of anion exchange membrane (AEM) electrolyzers for green hydrogen production within the energy technology sector. The company offers modular, scalable electrolyzers and an Energy Management System Toolkit for efficient hydrogen generation and energy management. Enapter's products are utilized across various sectors for energy storage, mobility, heating, and industrial applications. It was founded in 2017 and is based in Pisa, Italy.
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