FiveT Hydrogen AG

Hy24 is #hiring 📣 We have two open internship positions at our Paris office for Investment Analysts to support our hydrogen-dedicated funds in deploying infrastructures and equipments. Interested in #hydrogen investment? SWIPE to check out our internship offers 👉 If you wish to apply, please send your CV and motivation letters to Hy24-FR-Internships@hy24partners.com ➡️ Learn more about us: https://lnkd.in/dr6bGixM

Hy24 🤝 StormFisher Hydrogen Exciting news from across the Atlantic! 🇺🇸🇨🇦 We’re thrilled to see Hy24 make its first direct investment in North America through the Clean H2 Infra Fund, backing the growth of StormFisher Hydrogen, a leading player in clean fuel production in the U.S. and Canada. ➡️ The investment will accelerate StormFisher Hydrogen’s current project pipeline deployment, including several facilities located across the United States (Texas, Kansas, Minnesota) and Canada (Ontario region), with a total renewable capacity of up to 1.8 GW by 2030. With this investment, Hy24 is entering directly into the North American market, contributing to the advancement of clean fuel deployment in the region while supporting StormFisher Hydrogen’s export ambitions to European and Asian markets. 💬 Pierre-Etienne Franc, co-founder and President of FiveT Hydrogen AG, and CEO of Hy24, commented: “The company can leverage its energy platform approach, strong offtaker strategy, and a favorable international regulatory landscape to deploy its robust pipeline of e-Fuels projects and drive its export ambitions to European and Asian markets. These clean energy solutions present a significant opportunity for North America in its pursuit of energy security, economic growth, and its trade and continued leadership in the sector.” Read more: https://lnkd.in/eSrien-2

Last week, at Hyvolution Paris, one of the biggest hydrogen events in France, our CEO Pierre-Etienne Franc took the stage to share a bold perspective on the #hydrogen industry’s progress. While many focus on the challenges, he reminded us to zoom out: 🔹 Four years ago, there was almost nothing—now we have 400+ FID-approved projects worldwide, spanning the US, Europe, South America, Africa, the Middle East, and Australia. 🔹 $90+ billion invested—and growing. 🔹 Global momentum is undeniable—China, despite some slowdowns, has deployed 12,000 fuel cell trucks and buses in just four years. Yes, the road is tough. Yes, delays happen. But the hydrogen wave is deep, and it’s accelerating. Interest rates are stabilizing, inflation is easing, and supply chain pressures are normalizing—signs that the next growth phase is coming. 💡 For Europe, the message is clear: A unified strategy is needed now to ensure that industrial decarbonization stays on track. Hydrogen isn’t just about energy—it’s about economic resilience, job creation, and long-term industrial leadership. As our CEO put it: "We didn’t build the nuclear industry in 10 years. We didn’t build the PGV in 5 years. Why should hydrogen be any different?" 💬 "Let’s make Europe Grow Again, #MEGA." Thank to Laurent Meillaud for that discussion at Hyvolution Paris and to Pierre Buchou for inviting Hy24 on stage.

Countries around the world are investing more to develop cleaner sources of power and infrastructure. 🌍 According to a new report by BloombergNEF, investment in the low-carbon energy transition grew by 11% last year, exceeding $2 trillion for the first time. 📈 The increase was driven by investment in renewable energy sources, power grids and electrified transport and energy storage. 💬 As Albert Cheung, deputy chief executive of BloombergNEF, pointed out, there is still “much more that needs to be done, especially in emerging areas like industrial decarbonization, #hydrogen and carbon capture” to meet global #netzero goals. Still, it is very encouraging to see such growth in efforts to build a carbon-free future! Read more: https://lnkd.in/gR6FYYJQ

With the Clean Industrial Deal, the EU 🇪🇺 aims at boosting Europe’s industry leaders to be both carbon-free and more competitive. The legislative initiative, which will be launched on February 26th, will tackle permitting delays and red tape, as well as standardization across member states for hard-to-abate and new tech sectors. ✅ 💬 “One of the key things we need to do is further enhance our competitiveness and make sure that #decarbonization is a growth strategy,” said Wopke Hoekstra, Commissioner for Climate, Net Zero and Clean Growth at the European Commission. https://lnkd.in/e6zh2Txc

Reflecting on this week’s discussions at Hyvolution Paris—and what I emphasized during our conversation with Laurent Meillaud—hydrogen needs the kind of attributes of the Melania Trump’s hat! This hat, designed with great sophistication and meticulous attention to detail, shows at the same time elegance , soberty and restraint—which inspires steadiness, caution, and protection. This is exactly the mindset the #hydrogen industry needs to achieve rapidly to build stronger resilience and #immunity against geopolitical (conflicts, energy crises, regulatory shifts) and macro-economic fluctuations such as inflation and rising interest rates. The renewable industry shows the way and has successfully achieved this. Over the past 20 years, global installed renewable energy capacity has surged steadily from approximately 800 GW to 3,900 GW today. In 2024, #China set a record by installing 357 GW of wind and solar power, surpassing its 1,200 GW renewable energy target six years ahead of schedule. What ever the situation, renewable continues to grow.  This remarkable growth highlights not only the unstoppable momentum of renewables but also their ability to withstand geopolitical turbulence and continue expanding irreversibly at a rapid pace, and we bet this will continue further more. This because it has become cheap, standard and fast and thus irreversibly "fashionable". Those are the key attributes of #competitiveness and #sustainability that we need. Like renewables, the hydrogen sector must wear its own protective attributes which make it always fashionable (elegant), managing erratics of the world (competitiveness) with clear and steady projects (standard, simple, fast) —through a carefully managed deployment.   Europe should also embrace this mindset—wear our hat of virtues and values, stand firm, and stay the course, now and for the years to come. Make Europe GROW again, as Europe is already great :) ! 

The European Union 🇪🇺 needs to be “simple, fast and efficient in its industrial and energy policies” in order to achieve both energy security and its climate goals. This is what Pierre-Etienne Franc advocates in this article for the Groupe d'études géopolitiques, setting up a list of 7️⃣ key proposals to improve the European policies sketched out in the previous mandate. These include the commitment to the gradual phase-out of fossil #hydrogen production, the implementation of a climate-conscious monetary policy, as well as the rolling out of a European green savings directive. The CEO of Hy24 warns that Europe “no longer has the time for refinement” and that given the geopolitical context, it is imperative to “fast-track any action that broadens access to renewable and replaceable energies.” ⏩ 👇 Read more: https://lnkd.in/eQ8crU8z #SundayRead #TrumpEra #Geopolitics

H2Global is set to launch a second round of #hydrogen auctions across different continents. 🌍 The European Commission recently granted state-aid approval for the auctions with a budget of €3 billion funded by Germany 🇩🇪 and the Netherlands. 🇳🇱 The goal is to subsidize the import of green hydrogen and derivatives from outside the EU. Such a global approach with joint commitments is key to boost the hydrogen economy around the world and accelerate the energy transition. 💬 As Timo Bollerhey, co-founder of H2Global, puts it: “By fostering international partnerships and leveraging combined investments, we are setting the stage for robust supply chains and scalable hydrogen solutions that will pave the path towards the creation of green markets.” Read more: https://lnkd.in/evb9R3rC

🇩🇪 Germany’s new nationwide #hydrogen network is set to take shape soon with the first 525 kilometers expected to be completed and operational in 2025. At the end of last year, the Federal Network Agency had approved the construction of the 9,040-kilometer network, which will connect key hydrogen sites in all federal states, from ports to industrial centers and production facilities. ↔️ The 19-billion project will include 40% of lines newly constructed and 60% of existing natural gas lines which will be converted. The first section will run from Lubmin on the Baltic Sea to Bobbau, a district of Bitterfeld-Wolfen. This key infrastructure will help hydrogen play a central role in the #decarbonization of the country’s hard-to-abate industries. Read more: https://lnkd.in/dfWj7bYE

Last week, Hy24 announced its latest investment in H2SITE, a deep-tech pioneer in #hydrogen separation solutions. The company successfully closed its Series B funding round at EUR 36 million, with support from co-lead investors Hy24 and SC Net Zero Ventures. ➡️ This marks the second investment made by Hy24's Clean Hydrogen Equipment Fund, following its initial support for Hexagon Purus in January 2024. ➡️ Since 2021, H2SITE has been developing proprietary membrane reactor technology that enables hydrogen separation from gas streams and easy-to-transport molecules, such as ammonia and methanol. The proceeds will accelerate the company’s next industrialization and commercialization milestones. These include achieving multi-ton-per-day hydrogen production capacity by 2026 and addressing key end-use markets such as large-scale and decentralized ammonia cracking, natural hydrogen production in the USA, and maritime decarbonization applications. Press release: https://lnkd.in/eJyehpAN