Logo

European multi-million euro loan for hydrogen refueling company Resato

The European Investment Bank (EIB) has approved a €25 million investment for Resato Hydrogen Technology, an Assen-based company.

Published on January 13, 2025

Resato

The European Investment Bank (EIB) has approved an investment of €25 million for Resato Hydrogen Technology, an Assen-based company focused on developing refueling stations for hydrogen-powered vehicles. With this capital, Resato will expand its production capacity in the coming years and accelerate the development of proprietary technology.

1,000 hydrogen refueling stations

The company's ambitious growth plans include the establishment of 1,000 hydrogen refueling stations by 2030. Hydrogen is expected to play an important role in replacing fossil fuels in specific sectors. Resato's technology can help reduce emissions, for example, in the transportation sector. Especially for heavy transport, such as buses and trucks, and long-distance transportation, hydrogen vehicles are ideal because of their long range. The advantages of H2 technology, combined with a reliable refueling network, can help overcome the so-called “chicken-and-egg” problem. This problem arises because the lack of refueling stations makes it difficult to purchase hydrogen vehicles, and vice versa.

Throughout Europe

In 2019, Resato opened the first major hydrogen refueling station in The Hague, Netherlands. Since then, the company has sold more than 55 installations throughout Europe, making hydrogen now available for trucks, buses, passenger cars and trains. A pioneer in hydrogen refueling station technology, Resato has built the largest installation on the market, with a capacity of 2,000 kg of hydrogen per day. This plant is operated by Hypion in Neumünster, Germany.

Hmut5Ixg-drukte-op-de-noordzee.png

Gasunie ready to take care of the offshore hydrogen network

The Dutch operator Gasunie will oversee the hydrogen network in the North Sea, promising efficient transport, less land needed for cabling and significant cost savings in energy infrastructure.