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HRS Celebrates 20 Years of Innovation and Growth in the Hydrogen Energy Sector

By March 15, 2024 3   min read  (445 words)

March 15, 2024 |

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Today marks a significant milestone in the journey of Hydrogen Refueling Solutions (HRS), as the company celebrates 20 years of pioneering innovation, growth, and contribution to the hydrogen energy sector.

From its inception in 2004 by CEO Hassen Rachedi as TSM, to the present day, HRS has been at the forefront of developing and integrating hydrogen refueling solutions that drive sustainable mobility.

Milestones in the Journey of HRS:

  1. 2004: The foundation of TSM by CEO Hassen Rachedi, marking the beginning of an era in hydrogen energy solutions.
  2. 2009: Deployment of the first hydrogen refueling stations, setting the stage for a greener future.
  3. 2015: Series integration of H2 stations, demonstrating scalability and efficiency.
  4. 2019: As an integrator, HRS created 34 stations, showcasing rapid growth and expertise in the field.
  5. 2019: Development of high-capacity hydrogen stations capable of 300kg/day, addressing the increasing demand for hydrogen fuel.
  6. 2020: TSM rebrands to HRS, focusing on marketing its proprietary stations.
  7. 2021: Expansion of the HRS team to 34 employees, emphasizing the company’s growth.
  8. 2021: A historic Initial Public Offering (IPO) raising €97.3 million, underlining investor confidence and market potential.
  9. 2021: Introduction of the first “Turnkey” HRS’ station installations, simplifying deployment for clients.
  10. 2022: Inauguration of a unique testing area in Europe at the future Champagnier site, reinforcing HRS’s commitment to innovation.
  11. 2022: HRS’s involvement in major European hydrogen projects: RHeaDHy and #H2REFDEMO, highlighting collaboration and sector influence.
  12. 2023: Launch of a comprehensive internalized maintenance offer, ensuring reliability and longevity of HRS solutions.
  13. 2023: Establishment of a new 14,300 m2 industrial site, scaling up production capabilities.
  14. 2023: Opening of the HRSchool, nurturing talent and expertise in hydrogen professions.
  15. 2023: Launch of the company restaurant by Maison Aribert **, enhancing employee well-being.
  16. 2023: Introduction of the dispenser #HRSbyStarck, blending design with functionality.
  17. 2024: Operation of stations across 4 countries, demonstrating global reach.
  18. 2024: Growth of the #HRSteam to 142 employees, reflecting company expansion.
  19. 2024: A total of 52 stations, with 12 operational and 40 in production or ordered, indicating a strong project pipeline.
  20. 2024: Celebrating 20 years of experience and a continued ambition to advance clean mobility solutions.

As HRS commemorates two decades of success, the company remains committed to its vision of developing and deploying hydrogen refueling infrastructure that supports the transition to a sustainable and carbon-neutral future. The journey of HRS is far from over, with the company poised for further innovation and expansion in the years to come.

“The HRS adventure is accelerating: To be continued!”

Hydrogen Refueling Solutions (HRS) is a leading provider of hydrogen refueling stations, dedicated to advancing sustainable mobility through innovative hydrogen production, storage, and dispensing solutions. With 20 years of expertise, HRS is committed to supporting the global transition to clean energy.

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