NANJINGJune 24, 2026 /PRNewswire/ — Recently, Hydra Hydrogen completed its B+ round of financing, introducing strategic investors: Aramco Ventures increased its investment, Conch Private Equity made a strategic investment, and Dongfang Jiabo followed the investment.
The strategic investors introduced in this round are all Fortune Global 500-level heavy industry leaders with deep deployments in the energy and industrial sectors and a clear mission for energy transition. Saudi Aramco’s additional investment and Conch’s strategic investment further confirm Hydra Hydrogen’s core position in the global process of making green hydrogen affordable and scaling green fuels. As a globally leading green hydrogen production technology company, Hydra Hydrogen pioneered fluctuating hydrogen production technology and a square electrolyzer product system. Its thousand-cubic-meter industrial-grade products have completed long-term operation under fluctuating conditions and received certification from professional third-party organizations, achieving the $2/kg level green hydrogen cost for the first time. It has opened up the entire chain from wind and solar green electricity to fluctuating hydrogen production, from AI intelligent management to large-scale applications of green fuels and industrial carbon reduction, building a closed-loop zero-carbon energy business.
Currently, Hydra Hydrogen has formed global project capabilities covering markets including China, Europe, the Middle East, South America, and Africa, with cumulative deliveries of 700MW+ and 20+ benchmark projects implemented. It has validated its technology, cost, delivery, and scenario adaptability through real projects. The company has established 1GW-level production capacity and completed the construction of certification systems and engineering standards for the international market. Combined with intelligent operation and maintenance technology, it possesses the large-scale delivery capability to serve multinational energy customers and large zero-carbon energy projects. It has reached deep cooperation with global energy and industrial partners such as Shell, TotalEnergies, Sinopec, Saudi Aramco, Goldwind Technology, and Conch Cement, forming a comprehensive leading advantage in global qualifications, production scale, project experience, and cost competitiveness. Focusing on core scenarios such as green fuels, industrial carbon reduction, and zero-carbon energy supply, Hydra Hydrogen has become an important zero-carbon technology and solution partner for the world’s leading energy companies in the non-electric new energy sector.
This leading capability has been continuously validated by global industrial capital. In this round of financing, Aramco Ventures increased its investment, treating Hydra Hydrogen as its core project (Anchor Project) in the hydrogen sector; Conch Private Equity entered for the first time as a strategic investor, further consolidating Hydra Hydrogen’s key position in the low-carbon transformation of high-energy-consuming industries. Previously, Sinopec Capital had invested in Hydra Hydrogen for two consecutive rounds. The continued selection of Hydra Hydrogen by energy and industrial giants from Saudi Aramco, Sinopec to Conch is a direct recognition of its technology roadmap, cost capability, global delivery, and commercial leadership. At the same time, Hydra Hydrogen has also received support from mainstream investment institutions such as NIO Capital, Sequoia Capital China, Joy Capital, Xianghe Capital, ZhenFund, InnoAngel Fund, and Shuimu Tsinghua Alumni Seed Fund. The global zero-carbon industrial ecosystem centered around Hydra Hydrogen is accelerating its formation.
Currently, the global energy system is undergoing a structural reshaping centered on energy security and low-carbon transition. AI technology and the third energy revolution are resonating and surging, generating an unprecedented and intense demand for new energy. Long-duration, stable, and continuous low-carbon energy supply is becoming the underlying support for the operation of new infrastructure. At the same time, demands such as shipping and aviation emission reduction, industrial carbon reduction, and new energy consumption are driving low-carbon energy from the power system to fuel and industrial scenarios. In China, the “15th Five-Year Plan” designates hydrogen energy as a future industry direction, further clarifying its strategic value in energy substitution, non-electric utilization of new energy, and low-carbon industrial transformation.
Hydra Hydrogen is supporting global project implementation with advanced green hydrogen production technology, promoting the entry of low-cost green hydrogen into large-scale commercial applications. In the direction of green fuels, Hydra Hydrogen deeply participates in the world’s largest green methanol project with its core green fuel solutions, converting the $2-level green hydrogen cost advantage into a large-scale green methanol supply capability, providing large-scale green fuel support for the low-carbon transformation of the shipping industry. In the direction of industrial carbon reduction, Hydra Hydrogen promotes the implementation of Asia’s first green hydrogen-coupled cement carbon reduction project, and collaborates with petrochemical and coal chemical industry partners to advance green fuel substitution and deep carbon reduction in high-energy-consumption scenarios such as refining and coal chemicals, providing scalable carbon reduction pathways for high-emission industries. In the direction of zero-carbon energy supply, Hydra Hydrogen deeply participates in the zero-carbon energy construction of Saudi Arabia’s NEOM new city, and implements Europe’s largest photovoltaic hydrogen storage project in Italy.
Facing the global market, Hydra Hydrogen will continue to join hands with energy, industrial, and global industry partners, focusing on the vision of “promoting sustainable hydrogen development and accelerating the global energy revolution”, leveraging global projects, core technologies, and the industrial ecosystem to push zero-carbon energy into the core of global industrial operations. As more industrial forces join, a new era of sustainable energy driven by green fuels, industrial carbon reduction, and zero-carbon energy supply is accelerating. Hydra Hydrogen will continue to lead this process, defining the next phase of the energy transition with continuous technological progress and large-scale global delivery.