Utility Named One of TIME’s Top GreenTech Companies of 2025, Honored for Breakthrough Hydrogen Innovation

Utility, a U.S.-based clean hydrogen technology company, is ranked #59 globally and #32 in the U.S. on the 2025 World’s Top GreenTech Companies list by TIME and Statista. The recognition highlights Utility’s innovation, climate impact, and cost-effective hydrogen solutions for hard-to-abate industries.
Utility Named One of TIME’s Top GreenTech Companies of 2025, Honored for Breakthrough Hydrogen Innovation
Ranked #59 Globally and #32 in the U.S., Utility’s H2Gen® Technology is Driving the Clean Energy Transition in Hard-to-Abate Industries

Houston, TX — April 2, 2025 — Utility, a clean hydrogen technology leader, has been named one of the World’s Top GreenTech Companies of 2025 by TIME and Statista—earning the #59 spot globally and #32 in the U.S.

After a rigorous analysis of more than 8,000 companies across six continents, Utility was selected based on its standout innovation, measurable climate impact, and economic hydrogen solutions. The company’s H2Gen® technology is able to economically decarbonize steel, mobility, upstream oil & gas, refining, and chemical sectors—without sacrificing business performance or costs.

“Our ranking among the world’s leading GreenTech innovators reinforces Utility’s mission to accelerate the economic energy transition in industries that are typically the hardest to abate,” said Parker Meeks, CEO of Utility. “We’re proud to offer a solution that’s not only scalable and commercially ready but also delivers meaningful economic and environmental results.”

Utility’s patented H2Gen system uses industrial off-gases and biogases to convert water into high-purity, low-to-negative carbon hydrogen—without requiring renewable electricity. In the process, it also generates a high-concentration CO₂ stream that enables economical carbon capture. H2Gen’s modular, compact, and scalable design makes it easy to integrate into existing industrial assets and infrastructure. H2Gen systems give industry leaders a flexible and economical path to meet both business and sustainability goals on their energy transition journey.

While many industrial companies face significant challenges in addressing climate change while maintaining profitable operations, Utility’s clean hydrogen production system is a compelling, actionable solution for customers that need to economically decarbonize while integrating seamlessly into their existing operations.

About Utility:

Utility Global, the American clean hydrogen leader, pioneers hydrogen solutions that power the economic energy transition for hard-to-abate industries such as steel, mobility, upstream oil & gas, refining, and chemicals. Our breakthrough H2Gen technology harnesses energy from diluted, low-value industrial off-gases and various biogases to produce high-purity, low-to-negative carbon intensity hydrogen from water—without electricity. H2Gen systems are operationally flexible and integrate seamlessly into existing infrastructure, enabling practical, cost-effective decarbonization.

H2Gen also produces a high-concentration CO₂ stream, simplifying and reducing the cost of carbon capture. Designed to be modular, scalable, and with the smallest footprint, H2Gen empowers customers to convert low-value inputs into high-value clean energy, fuels, or feedstocks. The technology helps industrial clients meet both business and sustainability goals on their energy transition journey.

Utility is a portfolio company of Ara Partners (www.arapartners.com), a private equity firm specializing in industrial decarbonization investments. For more information on Utility’s solutions and services details, visit www.utilityglobal.com.

Media Contact:
Susan Cellura
Director of Marketing & Communications | Utility | (832) 474-8571
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Ara Partners
Ara Partners
Houston, United States
Ara Partners is a global private equity and infrastructure investment firm focused on industrial decarbonization. Founded in 2017, Ara Partners seeks to build and scale companies with significant decarbonization impact across the industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture sectors. The company operates from offices in Houston, Boston, Washington, D.C., and Dublin. Ara Partners closed its third private equity fund in December 2023 with over $2.8 billion in capital commitments. As of September, 2024, Ara Partners had approximately $6.3 billion of assets under management.
private equityinfrastructurereal estategrowth

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