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HYGEN
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Developer and provider of CNG refueling stations

Founded in 2011
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector vehicle fueling

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Latvia Riga, Latvia
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Updated by Robert Strods at HYGEN on 03/01/2016

Edited by Cleantech Group on 10/28/2022

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Date Partner Type
02/17/2020
Greenstat Greenstat
The project development partnership has a goal of a minimum of 100MW installed electrolyzer capacity by 2025, leading to a yearly production of approximately 15,000 tonnes of hydrogen, which the two companies said will secure a stable supply of green hydrogen to the growing hydrogen market within transport, heavy-duty vehicles, maritime and industry.
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Date Investors Type Amount
07/26/2022 Climate Capital Climate Capital , Fontinalis Partners Fontinalis Partners , Founders Fund Founders Fund (3)
Post-money valuation of
Seed $2,000,000
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Home Refueling Station

HYGEN (HYdraulic GENerator) revolutionized gas compression with it's patented Multifunction Liquid Piston (MLP) technology. Instead of mechanical compression, MLP technology is used with 95% of its parts mass produced and used for decades. Therefore, it gives our HRS a disruptive price point, reliability and unique value for end user - less than 10 min refueling time.

 Pilot/Early Revenue Usage Fees
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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