- CEO
- Dragomir Ivanov Ivanov
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Sofia Bulgaria
- Business
- Green Innovations AD, operating commercially under the brand name Hydrogenera, is a Bulgaria-based clean technology and engineering company that develops, manufactures, and integrates turnkey green hydrogen production and energy storage systems. The company provides end-to-end hydrogen solutions across the entire value chain, serving industrial manufacturing, heavy industry, energy generation, and transportation sectors. Its core product and service portfolio comprises modular alkaline electrolysers, including the Z Series designed for industrial hydrogen generation, transportation fueling, and Power-to-X applications, and the E Series tailored for on-site hydrogen and oxygen generation to optimize industrial combustion processes and reduce emissions in kilns, boilers, and furnaces; solid-state hydrogen storage units utilizing AB5 metal hydride alloy technology for high-density, low-pressure storage; hydrogen refueling station (HRS) systems and mobile hydrogen units; industrial carbon cleaning and engine decarbonization equipment; and full-scope engineering, procurement, construction (EPC), custom system integration, project commissioning, and lifecycle maintenance services. The company conducts operational and commercial activities across several European markets, including Bulgaria, Germany, Italy, Poland, and Turkey. Founded in 2016 and headquartered in Sofia, Bulgaria, the company trades on the Bulgarian Stock Exchange under the ticker symbol HYDR (BSEBG:HYDR). In recent corporate developments, the company completed its initial public offering on the Bulgarian Stock Exchange in July 2025, raising approximately 7.96 million Bulgarian levs to fund manufacturing capacity expansion, scale production infrastructure, and support European market growth. Additionally, the company entered into a strategic framework cooperation agreement with Estonia-based Stargate Hydrogen to integrate advanced stack technology into its modular alkaline electrolyser systems for large-scale industrial projects, while expanding its deployment pipeline to deliver multi-megawatt industrial electrolyser installations across Europe.