H2 Mobility receives 110 million euros to expand the German hydrogen refueling network.
The operator of hydrogen filling stations H2 Mobility Deutschland has obtained financing of several million.
In addition to the French investor Hy24, the current shareholders in the sector are participating in the capital increase: Air Liquide, Daimler Truck, Hyundai, Linde, OMV, Shell and TotalEnergies. Hy24 is investing 70 million euros, while the current shareholders of H2 Mobility Deutschland are jointly contributing an additional 40 million euros.
H2 Mobility Deutschland claims to be the leading operator of hydrogen filling stations in Germany, with more than 90 stations including 50 self-built.
The new funds will be used to expand the network to 300 stations by 2030. In the process, more than 200 service stations will be converted into large-scale facilities to meet the demand for emissions-free long-distance and heavy transport on the continent. European.
H2 Mobility Deutschland is focusing its expansion on several busy transport corridors. The new sites will be developed in collaboration with major customers, authorities and fleet operators.
This secures baseline demand at individual stations and is an important step towards a profitable and self-sufficient network of hydrogen filling stations.
Green hydrogen is becoming a crucial factor on the way to zero-emission mobility and reduced independence from limited supplies of raw materials. I am happy that we can combine the experience of H2 Mobility with the capital provided to accelerate the introduction of green hydrogen in mobility and transport.
Nikolas Iwan, Managing Director of H2 Mobility Germany.
Thanks to the excellent interaction between private sector involvement and state funding, Germany now plays an internationally renowned pioneering role and has the largest network of hydrogen filling stations in the world.
We do not want to rest on our laurels, but together we want to promote the development of hydrogen service stations. Our efforts in this regard focus primarily on commercial vehicles and the electrification of heavy goods transport, where we still see great potential for climate protection.
Volker Wissing, Federal Minister of Transport.
At the end of 2021, 685 hydrogen refueling stations were in operation worldwide.
Currently, Europe has 228 filling stations, 101 of which are in Germany. France remains in second place in Europe with 41 service stations, followed by the United Kingdom with 19, Switzerland with 12 and the Netherlands with 11.