VIRIDIH2 AS

The name says it all: Viridi, from the Latin for "green," and H2, the chemical formula for hydrogen. ViridiH2 is a Norwegian company that has made the production of green hydrogen its mission, developing innovative electrolysis technologies as a concrete response to the energy transition. At a moment when Europe is working to reduce its dependence on fossil fuels and build a clean hydrogen supply chain, ViridiH2 positions itself as a technology player in the production segment. Green hydrogen is produced through water electrolysis powered by renewable energy: no emissions, no carbon. The challenge so far has been cost: electrolysis is an energy-intensive process, and the cost of renewable energy, while falling rapidly, has made green hydrogen competitive with fossil fuels only in specific contexts. Innovations in the electrolysis process — more efficient, less expensive, more scalable — are the key to changing this equation, and this is where ViridiH2 concentrates its research. The target market is the energy transition: energy-intensive industries seeking alternatives to fossil fuels, sectors like steel and chemicals that use hydrogen as a feedstock, and the nascent hydrogen mobility market. These are rapidly expanding markets, supported by public policies that in Europe are channeling significant resources into the hydrogen supply chain. ViridiH2 operates with a B2B model focused on custom solutions, reflecting the still-bespoke nature of the green hydrogen industry: each plant is designed according to the availability of local renewable energy, required volumes, and client specifications. This is a market that will standardize over time, but in the current phase, customization remains necessary to make projects economically viable.