Power2X has announced the acquisition of Netherlands-based green hydrogen developer HyCC, strengthening its position in the clean molecules sector and expanding its footprint across key industrial hubs in the Netherlands and Germany.
The deal enhances Power2X’s focus on developing clean fuels and feedstocks for heavy industry, creating greater scale and operational efficiencies as projects transition from early-stage development to large-scale delivery. It also reflects broader consolidation within the clean molecules market as companies seek to accelerate industrial decarbonisation.
HyCC has built a substantial portfolio of hydrogen and clean molecules projects in locations including Amsterdam, Delfzijl and Rotterdam. Under the combined structure, these projects are expected to benefit from increased scale, enhanced capabilities and a stronger capital base. The integration will also bring HyCC’s technical expertise and industrial experience into the wider Power2X portfolio.
Clean molecules, including green hydrogen, are seen as critical to strengthening Europe’s industrial competitiveness and energy security. The combined portfolio is expected to unlock significant investment in the coming years, providing potential support to the regional chemicals sector. However, the companies noted that stable and reliable regulatory frameworks across Europe, particularly in the Netherlands and Germany, will be essential for project realisation.
Occo Roelofsen, Founder and Chief Executive of Power2X, said the acquisition adds “valuable and strategic projects in key industrial hubs” and marks a new phase with greater focus on project delivery and a broader industrial customer base. He added that the company looks forward to working closely with Nobian and other partners in the Dutch and German clean molecules market.
Marcel Galjee, Managing Director of HyCC, said the company’s focus on water electrolysis had enabled it to build a strong green hydrogen pipeline and that partnering with Power2X would support the transition to the next phase of development.
The transaction underlines Power2X’s ambition to scale competitive clean molecules assets capable of delivering at industrial scale.
