Hy2gen AG, a global renewable hydrogen producer, has successfully completed an additional funding round, securing €47 million from existing shareholders. The funding, led by Hy24 and supported by Technip Energies and individual investor BenDa, will be utilized to accelerate the deployment of Hy2gen's renewable hydrogen projects globally. Hy2gen specializes in designing, building, and operating green hydrogen, green ammonia, e-SAF, e-methane, and e-methanol production plants using Power-to-X processes to support clients in decarbonizing energy-intensive sectors. The company's portfolio includes projects like the 'Courant' plant in Canada, 'Atlantis' plant extension in Germany, and the 'Iverson' project in Norway, targeting renewable ammonia production and other hydrogen derivatives for industries like shipping, aviation, and chemicals. Key executives, including Hy2gen's CEO Cyril Dufau-Sansot, have expressed satisfaction with the funding, highlighting the company's trajectory to become a leading supplier of renewable fuels. Additionally, stakeholders like Hy24's CEO Pierre-Etienne Franc, Technip Energies' CEO Arnaud Pieton, and investor Dana Kallasch have emphasized their support for Hy2gen's mission to drive decarbonization forward and contribute to a sustainable global economy. The funding raise signifies a significant milestone for Hy2gen, reinforcing its position in the renewable hydrogen industry and advancing its innovative projects to foster a greener future.