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Greenbackers Deal of the Week Profile: Hydrogen Green Power

Hydrogen Green Power: Modular Decarbonisation of Carbon-Intensive Industries

Hard-to-abate industries—from distilleries to cement plants—produce vast volumes of CO₂ that are expensive to capture and difficult to repurpose. These sectors urgently need scalable, cost-effective solutions to cut emissions, meet net zero targets, and maintain competitiveness in a decarbonising global economy.

Hydrogen Green Power (HGP), based in Dundee, has developed a unique, modular system that tackles this challenge head-on. By combining green hydrogen with waste CO₂ from industrial flue gas streams, HGP produces sustainable e-fuels that can replace fossil fuels in circular economy processes or be injected directly into the gas grid.

Greenbackers is delighted to present HGP, a Scottish cleantech innovator that is pioneering practical, scalable decarbonisation across multiple high-emission industries.

Why Hydrogen Green Power:

  • Innovative technology: HGP’s Integrated Hydrogen and Methanation System (IHMS) is the first-to-market, modular solution that captures CO₂ directly from flue gas—without requiring a separate carbon capture step—and converts it into e-methane. Systems range from 50kW to 30MW, are containerised for mobility, and can scale with customer demand. Proprietary IP, validated through R&D projects, underpins HGP’s strong competitive advantage.
  • Commercial traction: £100k paid pilot project with Glenmorangie; £2m R&D grant from Scottish Enterprise; Signed Heads of Terms with Ardgowan Distillery and ESKA Energy; MOU with St Andrews University for matched-funding project; Engaged with 3 major UK water utilities and a large gas network provider; Active customer pipeline with HOT discussions exceeding £20m.
  • Market potential: HGP targets the global decarbonisation of carbon-intensive industries including distilleries, anaerobic digestion, water utilities, cement, and pharmaceuticals. The technology not only helps operators meet emissions targets but also enhances energy security, stabilises pricing, and unlocks new revenue streams in the circular economy. With strong demand already evidenced in multiple sectors, the addressable market is large and rapidly expanding.

Investment Snapshot:

  • Type: Series A
  • Target amount:  £2.6m

For further information or to speak with HGP directly contact:
Anton Themen at anton@greenbackers.com