Hydrogenics
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | IPO | |
€20.0k | Grant | ||
€50.0k | Grant | ||
€2.4m | Grant | ||
$290m | Acquisition | ||
| Total Funding | AUD4.2m | ||
Recent News about Hydrogenics
EditHydrogenics is a forward-thinking company specializing in diesel and alternative fuel engines and generators, along with related components and technology. The company operates in the global power solutions market, catering to a diverse range of clients including light commercial vehicle operators, medium and heavy-duty truck fleets, and vocational trucks. Hydrogenics also serves industries requiring integrated power systems and distributed energy resources, which are small-scale units that generate or store power close to where it is used.
The business model of Hydrogenics revolves around innovation and sustainability. They focus on reducing emissions through advanced technology and fuel flexibility, offering products that can run on various types of fuels, including hydrogen. This aligns with their vision of protecting the planet, a mission supported by board members like Franklin Chang Diaz, a former NASA astronaut.
Hydrogenics makes money by selling engines, generators, and power systems, as well as providing aftermarket services and components such as Holset Turbochargers and power turbines. They have a vast network of over 9,000 service locations worldwide, ensuring that customers receive prompt and expert support, minimizing downtime and enhancing the lifecycle of their products.
The company also emphasizes corporate responsibility, diversity, equity, and inclusion, which are integral to their business operations. Their CARE initiative highlights their commitment to community impact, further solidifying their reputation as a responsible and customer-driven organization.
In summary, Hydrogenics is a global leader in power solutions, offering innovative and sustainable products and services to a wide range of industries. Their extensive service network and commitment to reducing emissions make them a key player in the transition to cleaner energy.
Keywords: diesel engines, alternative fuels, generators, power systems, sustainability, emissions reduction, hydrogen fuel, global service, innovation, corporate responsibility.