Netherlands based VoltH2 had secured two plots for hydrogen production sites in Vlissingen and Terneuzen, with advanced planning for an additional site in Delfzijl underway, with the three facilities planned to have an initially capacity of 75MW, scalable to 250MW.

Read more:  VoltH2 acquire permits to begin construction of a 25MW green hydrogen plant

Virya Energy and VoltH2 signed a cooperation agreement to prepare the construction of the  planned Terneuzen plant in May last year (2021).

Read more:  VoltH2, Virya Energy sign agreement to construct a hydrogen plant at the North Sea Port

It is hoped DIF’s and Virya’s involvement will allow VoltH2 to release its first green hydrogen production facilities in the near future, with further expansion in the future.

H2 View understands, André Jurres, founder and Managing Director of VoltH2 will retain a ‘meaningful’ share in the company.

Jurres said, “This investment attests to the confidence in green hydrogen and in the growth of VoltH2. With the involvement of DIF Capital Partners and Virya Energy, we can anchor VoltH2 locally as well as internationally, achieve our ambitions and play a crucial role in the European energy market and energy transition.”

Gijs Voskuyl, Partner at DIF Capital Partners, commented, “We expect a significant demand increase for green hydrogen in the short and medium term.

“As an investor with a strong footprint and ongoing focus within the energy transition space, we aim to play a role in this fast growing and capital intensive market and believe VoltH2 as well as Virya Energy are excellent partners to realise these ambitions.”