Energiefonds Overijssel has invested €2 million in H2-GO, marking the fund's first venture into hydrogen production aimed at reducing grid congestion and enhancing sustainable transportation in the Overijssel region.

Target Information

Energiefonds Overijssel has recently issued a loan of €2 million to hydrogen producer H2-GO. This marks the fund's first investment in hydrogen and constitutes the initial hydrogen project for the Overijssel region. H2-GO aims to address grid congestion and contribute to the decarbonization of the transportation sector.

The funds from Energiefonds Overijssel will be utilized by H2-GO to produce and sell hydrogen on a large scale within the region. Additionally, H2-GO has partnered with the Waterschap Drents Overijsselse Delta to construct an electrolyzer. This facility will convert water into hydrogen and oxygen using sustainable electricity, thereby playing a crucial role in the Smart Energy Hub located in the Hessenpoort industrial park near Zwolle.

Industry Overview in the Netherlands

The Dutch energy sector has seen a significant transition towards renewable energy sources over the past decade. With a commitment to reducing carbon emissions, the Netherlands has invested heavily in innovative energy proj