The H2 World Competitors and Similar CompaniesClear all

The H2 World's competitors and similar companies include BayoTech, Varea Energy, Plug Power and Nel Hydrogen.

	The H2 World The H2 World is a company that develops decentralized microsystems to produce, store, and sell green hydrogen.	BayoTech BayoTech is a company that provides hydrogen production, transport, and storage solutions.	Varea Energy Varea Energy is a company engaged in the exploration and development of geological hydrogen.	Plug Power Plug Power is a company that provides hydrogen and fuel cell solutions.	Nel Hydrogen Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
Founding Date	Founding Date N/A	Founding Date 2015	Founding Date 2023	Founding Date 1997	Founding Date 1927
Type	Type Private	Type Private	Type Private	Type Public	Type Public
Tags	Tags Energy & Utilities energy storage generators hydrogen	Tags Energy & Utilities energy storage hydrogen metal products	Tags Energy & Utilities energy storage exploration & development hydrogen mapping	Tags Energy & Utilities energy storage hydrogen renewables	Tags Energy & Utilities energy storage hydrogen renewables
Locations	Locations Newark, US HQ	Locations Albuquerque, US HQ	Locations Houston, US HQ	Locations Latham, US HQ	Locations Oslo, NO HQ Vienna, AT Brussels, BE Santiago, CL Munich, DE Notodden, NO Porsgrunn, NO see more
Employees	Employees N/A	Employees 705% decrease	Employees 5	Employees 3,22410% decrease	Employees 394
Valuation ($)	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 2 b	Valuation ($) 702.1 m
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) $709.9m (FY, 2025)	Revenue (est.) kr963.1m (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods N/A	Cost of goods N/A	Cost of goods $952m (FY, 2025)	Cost of goods kr400.6m (FY, 2025)
Gross profit	Gross profit N/A	Gross profit N/A	Gross profit N/A	Gross profit ($242m) (FY, 2025)	Gross profit kr678.2m (FY, 2025)
Net income	Net income N/A	Net income N/A	Net income N/A	Net income ($1.7b) (FY, 2025)	Net income (kr1.3b) (FY, 2025)
Funding
Total funding raised	Total funding raised N/A	Total funding raised $ 174.1m	Total funding raised N/A	Total funding raised $ 87.7m	Total funding raised $ 75m