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Electric Hydrogen

Advanced electrolyzer systems for green hydrogen

CORE INFO

$380M
Total Funding
Series C
Round
2020
Founded
~500 employees
Team Size
Devens, Massachusetts, United States
Headquarters

Electric Hydrogen develops advanced electrolyzer systems that produce green hydrogen at industrial scales, targeting industries like refineries, steel, and ammonia production to reduce greenhouse gas emissions.

  • Electric Hydrogen raised $380 million in a Series C funding round, achieving a $1 billion valuation.techcrunch.com
  • The company operates a 1.2 GW per year manufacturing facility in Devens, Massachusetts, producing the world's most powerful electrolyzer stacks.eh2.com
  • Electric Hydrogen has over 5 GW of electrolyzer orders as of October 2023.world-energy.org

WHY WE WOULD WORK AT ELECTRIC HYDROGEN

Decarbonization Mission

Join a team dedicated to reducing over 30% of global greenhouse gas emissions by providing cost-effective green hydrogen solutions for hard-to-electrify industries.

Innovative Technology

Work with cutting-edge PEM electrolyzer technology in the HYPRPlant, designed to make green hydrogen production economically viable at industrial scales.

Collaborative Culture

Be part of a diverse team of around 500 employees, fostering innovation and collaboration to tackle the challenges of the green energy transition.

Strong Funding Backing

Benefit from substantial financial support, with $380 million raised in Series C funding, positioning Electric Hydrogen as a leader in the green hydrogen sector.

Industry Recognition

Join the first green hydrogen unicorn, achieving a $1 billion valuation, and contribute to groundbreaking projects like the 240 MW green ammonia initiative.

Impactful Work

Contribute to transformative projects across multiple sectors, including refineries and steel production, making a tangible difference in the shift towards sustainable energy.

MARKET AND TRACTION

TOTAL ADDRESSABLE MARKET

  • Electric Hydrogen targets hard-to-electrify industries, including refineries, steel, cement, and ammonia production.

  • The global green hydrogen market is expected to grow significantly as industries seek to decarbonize and reduce greenhouse gas emissions.
  • KEY METRICS

    ✦ KEY METRIC
  • Total funding raised by Electric Hydrogen is approximately $798.3 million across multiple funding rounds.

  • The company achieved a valuation of $1 billion in October 2023, becoming the first green hydrogen unicorn.
  • NOTABLE CUSTOMERS

  • Electric Hydrogen has been selected by Synergen Green Energy for a 240 MW green ammonia project in the U.S.

  • Partnerships with companies like HIF Global for eFuels projects highlight Electric Hydrogen's growing client base in the green hydrogen sector.
  • GROWTH TACTICS

  • Electric Hydrogen focuses on reducing the total installed costs of green hydrogen production through innovative electrolyzer technology.

  • The company operates a 1.2 GW per year manufacturing facility, enhancing its production capabilities to meet increasing demand.
  • COMPETITIVE ADVANTAGE

  • Electric Hydrogen's flagship product, the HYPRPlant, integrates high-power PEM electrolyzer stacks, making it a leader in efficient water electrolysis.

  • The company's commitment to sustainability and innovation positions it favorably against competitors in the green hydrogen market.
  • PRODUCT AND TECH

    HYPRPlant System

    The HYPRPlant is Electric Hydrogen's flagship product, integrating high-power proton exchange membrane (PEM) electrolyzer stacks with essential subsystems for efficient water electrolysis. This innovative system significantly reduces the total installed costs of green hydrogen production, making it economically viable for various industrial applications.

    Proton Exchange Membrane Technology

    Electric Hydrogen specializes in advanced proton exchange membrane (PEM) electrolyzer technology, which is crucial for their HYPRPlant systems. This technology enables efficient and cost-effective water electrolysis, facilitating the large-scale production of green hydrogen.

    Industrial Applications

    Electric Hydrogen's solutions cater to multiple sectors, including refineries, eFuels, critical industries like steel and cement, and ammonia production. By providing clean hydrogen alternatives, the company supports these industries in transitioning away from fossil fuels and reducing greenhouse gas emissions.

    Manufacturing Capacity

    The company operates a 1.2 GW per year manufacturing facility in Devens, Massachusetts, producing the world's most powerful electrolyzer stacks. This capacity positions Electric Hydrogen to meet the growing demand for green hydrogen solutions across various industrial sectors.

    Sustainability Commitment

    Electric Hydrogen is dedicated to decarbonizing hard-to-electrify industries by offering cost-effective green hydrogen solutions. Their mission focuses on eliminating over 30% of global greenhouse gas emissions from sectors traditionally reliant on fossil fuels.

    COMPANY CULTURE

    Values

  • Commitment to sustainability and innovation

  • Focus on decarbonizing hard-to-electrify industries

  • Emphasis on collaboration and teamwork

  • Integrity in all business practices

  • Passion for advancing green hydrogen technology
  • Operating Principles

  • Prioritize cost-effective solutions for green hydrogen production

  • Leverage cutting-edge technology for efficiency

  • Foster a culture of continuous improvement

  • Encourage open communication and feedback

  • Support diversity and inclusion within the team
  • Benefits

  • Opportunity to work on impactful sustainability projects

  • Competitive compensation and benefits packages

  • Professional development and growth opportunities

  • Collaborative and innovative work environment

  • Access to advanced technology and resources
  • Learning & Growth

  • Continuous learning through training and workshops

  • Mentorship programs for career development

  • Encouragement of innovative thinking and problem-solving

  • Opportunities to attend industry conferences and events

  • Support for pursuing further education in relevant fields
  • Team Cadence

  • Regular team meetings to align on goals and projects

  • Agile work processes to adapt to changing needs

  • Emphasis on cross-functional collaboration

  • Monthly all-hands meetings to share updates and celebrate successes

  • Flexible work arrangements to promote work-life balance
  • HIRING SIGNAL

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    KEY COMPANY ANNOUNCEMENTS

    Filter
    15 announcements · ranked by importance
    Oct 3, 2023MILESTONEElectric Hydrogen is the green hydrogen industry's first unicorn | TechCrunchtechcrunch.com
    Jun 22, 2022FUNDINGElectric Hydrogen secures $198M in financing - Electric Hydrogeneh2.com
    May 9, 2024FUNDINGElectric Hydrogen secures $100M credit facility from HSBC, J.P. Morgan, Stifel Bank and Hercules Capital to decarbonize critical industries at scalebusinesswire.com
    Sep 14, 2023PRODUCTElectric Hydrogen reveals first firm order for its unique 100MW electrolyserhydrogeninsight.com
    Mar 1, 2024FUNDINGBipartisan Infrastructure Law: Clean Hydrogen Electrolysis, Manufacturing, and Recycling FOA Selectionsenergy.gov
    Nov 18, 2024CUSTOMER WINUniper selects Electric Hydrogen’s technology for its 200 Megawatt Green Wilhelmshaven projectuniper.energy
    Sep 8, 2025FUNDINGElectric Hydrogen acquires Ambient Fuels; establishes global project financing capability with Generate Capital to expand co-development and financing solutions for customerseh2.com
    Jul 22, 2025MILESTONEElectric Hydrogen receives DNV validation after the respected independent engineering firm’s comprehensive assessment of HYPRPlanteh2.com
    May 19, 2025CUSTOMER WINInfinium will deploy Electric Hydrogen’s HYPRPlant at large-scale eFuels facility in Texaseh2.com
    Mar 5, 2024FUNDINGTrinity Capital Inc. Provides $50 Million in Equipment Financing to Electric Hydrogen - Trinity Capital Inc.ir.trinitycap.com
    Jul 1, 2022FUNDINGHoneywell Ventures To Make Investment In Electric Hydrogenhoneywell.com
    Feb 21, 2024FOUNDER PROFILEStartup Electric Hydrogen Has Big Plans To Make Green Fuel For Cheapforbes.com
    Jan 1, 2022INTERVIEWWhat's the deal with electrolyzers? - by David Robertsvolts.wtf
    May 18, 2022INTERVIEWHydrogen’s Role in Decarbonization (with Electric Hydrogen CEO Raffi Garabedian)hbr.org
    Sep 16, 2025CUSTOMER WINHIF Global selects Electric Hydrogen’s advanced electrolyzer technology for Texas e-Fuels projecteh2.com