T
TES
Building world’s largest hydrogen projects to accelerate the energy transition
About TES
TES-H2 is a pioneering startup in the renewable energy sector, aiming to revolutionize the global energy market by decarbonizing it. The company's primary focus is on the production of green hydrogen and e-NG (electric natural gas), a hydrogen-based fuel. The process involves placing solar panels and wind turbines in the world's sunniest and windiest places to generate renewable energy, which is then used to produce green hydrogen. This hydrogen is combined with recycled CO2 to create e-NG.
TES-H2's business model is designed to leverage existing infrastructure, making it a practical and immediate solution for reducing global emissions. The company's e-NG is a drop-in fuel, meaning it can be used in place of traditional fuels without the need for any modifications to the existing infrastructure. This makes it a readily usable option for industrial, shipping, and transportation clients who are looking to reduce their carbon footprint.
The company operates in the renewable energy market, serving clients who are conscious about their environmental impact and are looking for reliable and affordable green energy solutions. TES-H2's approach to generating green energy aligns with the EU's proposed 2040 Climate Target and Industrial Carbon Management communications, making it a viable option for clients operating in regions with strict environmental regulations.
TES-H2's revenue model is based on the sale of its green hydrogen and e-NG to its clients. The company also plans to undertake giga-scale projects to democratize access to green energy, further expanding its customer base and revenue streams.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Evere, Belgium
- Employees
- 238
- Open positions
- 1
- Dealroom signal
- 67.0/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Hydrogen, Sustainable Development Goals, Energy Infrastructure Project, Climate Tech, Green Hydrogen, Hydrogen Production, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Apr 2024 | $154M | $616M | HSBC · E.ON · Azimut Group · Fortescue | ↗ |
| GROWTH EQUITY VCOther financing | Jul 2022 | $72M | — | HSBC · E.ON · Zodiac Maritime Agencies · UniCredit | ↗ |
Growth signals
Latest recorded traffic for TES is 7.8K monthly website visits, down 40% over the last three months. TES's team declined 6.3% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later8 investors entered at this stage
HSBC
E.ON
Zodiac Maritime Agencies
UniCredit
Azimut Group
Fortescue
O.G. Energy
Zhero
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about TES on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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