Hy5 logo — Leaders in integrated customer oriented Green Hydrogen and e...

Hy5

Leaders in integrated customer oriented Green Hydrogen and eFuel solutions. Decarbonizing, Financing & Safe Operations

Founded 2021 Spain Spain 8 employees Grant Total: $28.70M Renewable Energy

General Information

Company Name Hy5
Founded Year 2021
Location Spain Spain
Employees 8
Industries Renewable Energy
Funding Stage Grant
Social

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About Hy5

\Hy5 is a pioneering company that specializes in integrated Green Hydrogen solutions. The aim of Hy5 is to realize 1.5GW of strategically located industrial scale Green Hydrogen production facilities, including up- and downstream infrastructure, throughout Europe over the next decade. Hy5 is having its basis on the Iberian Peninsula. \\HyFive will be present across the entire value chain: starting with generation of renewable energy and followed by production, transportation, storage and commercialisation of Green Hydrogen, including in the form of derivative green energy products or carriers such as ammonia, LOHC and biofuels. The hydrogen economy is emerging. HyFive provides end-to-end carbon neutral solutions to customers in hard-to-abate sectors. We support our customers throughout their energy transition. At HyFive we aim to become nothing less than the reference for sustainable industrial scale decarbonisation solutions. \\HyFive is part of White Summit Capital, an investor and asset manager, specialising in strategic assets and the energy transition. WSC has a proven track record in deploying capital into superior risk return opportunities with strong decarbonisation and sustainability vectors. \\The most recent investment in Hy5 is a €28.70M grant investment at 08 February 2024 by NextGenerationEU. \

Business keywords: Green Hydrogen, Integrated Solutions, Decarbonization, Industrial Scale Production, Energy Transition, Hydrogen Economy, Investment, Carbon Neutral Solutions, Iberian Peninsula, Strategic Assets, European Market, Ammonia Production

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Grant €28.70M 1
NextGenerationEU
08 Feb 2024

Hy5 Alternatives & Competitors

View All Alternatives
Hy5 vs
Fuella
Fuella Norway

Green hydrogen to de-carbonize heavy industries

Private Equity
9 employees
Renewable Energy, Clean Energy
Hy5 vs

Manufacturing industrial carbon free energy systems to produce green & turquoise hydrogen from waste...

Non Equity Assistance
2 employees
Energy, Manufacturing
Hy5 vs
Amogy
Amogy United States

Decarbonizing hard-to-abate sectors with mature, scalable, and efficient ammonia-to-power solutions.

Not Funded/Unknown
181 employees
Energy, Renewable Energy

FAQ About Hy5

Leaders in integrated customer oriented Green Hydrogen and eFuel solutions. Decarbonizing, Financing & Safe Operations
Hy5 was founded in 2021.
Hy5 is headquartered in Spain.
Hy5 operates in Renewable Energy. Its work centres on Green Hydrogen, Integrated Solutions, Decarbonization and Industrial Scale Production.
Hy5 has approximately 8 employees.
Hy5 has completed 1 funding round, raising a total of $28.70M. The latest funding stage is Grant.
Top alternatives and competitors to Hy5 include Fuella, HYDROLYX Energy, Amogy, ACES Delta, LLC, REGA ENERGY. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hy5 and Fuella are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hy5, https://bouncewatch.com/company/hy5, updated 21 October 2024. When citing, please name BounceWatch and link this page.

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