ENGIE invests in Tecnalia hydrogen spinoff H2SITE

In Spain, ENGIE, through its corporate venture capital arm ENGIE New Ventures, announces its strategic investment in H2SITE. Headquartered in Bilbao, Spain, H2SITE is a spinoff created by Tecnalia research and technology center and Eindhoven University of Technology. It aims at commercializing a membrane reactor-based system able to produce high purity hydrogen, on customer’s premises, from various hydrogen carriers such as methane in particular biomethane and ammonia, etc.

The H2SITE technology platform aims at addressing the issue of decentralized production, transport and storage of hydrogen with a compact and cost effective on-site solution, and is based on a one-step industrial process combining membranes in a reactor. This disruptive technology was identified and assessed by ENGIE through diverse collaborative research projects.

In addition to a minority investment in the capital of H2SITE, ENGIE, through its research center ENGIE Lab CRIGEN, has forged a R&D cooperation partnership with Tecnalia and Eindhoven University of Technology to further develop emerging applications of this technology contributing to transition towards carbon neutrality. Indeed, hydrogen is an essential component of the energy transition, that meets many needs such as in mobility, energy storage and industrial applications.