Dutch clean fuel players merge in scale-up push

Dutch clean energy firm Power2X has acquired compatriot green hydrogen company HyCC (Hydrogen Chemistry Company), expanding its footprint in clean fuel production across the Netherlands and Germany.

IMAGE: Getty Images

By combining their operations, the companies aim to unlock greater scale and operational efficiencies.

HyCC brings a range of hydrogen and clean fuel projects in key industrial hubs including Amsterdam, Delfzijl and Rotterdam.

Besides, its experience in hydrogen development will also support the advancement and execution of Power2X’s wider project pipeline.

Power2X is focused on developing next-generation clean fuels to help reduce emissions across various sectors, including shipping.

The transaction reflects a broader consolidation trend in the clean fuels sector.

By Tuhin Roy

Please get in touch with comments or additional info to news@engine.online