HRS > HRS, a european leader

HRS, a leading European manufacturer of hydrogen refueling stations and expert in industrial piping

Since it was founded in 2004, the French company Hydrogen Refueling Solutions (HRS), previously known as TSM, has provided hydrogen refueling station solutions for every type of vehicles (captive fleets, trucks, buses, passenger cars, ...) for the mobility, industrial, storage and energy markets.

HRS was born from an ambition to guarantee permanent access to a promising source of energy, with a long-term vision to decarbonise transport and, more broadly our societies.

Hassen Rachedi, founder and CEO

HRS's vision and ambition

Speeding up the energy transition

By relying on TSM's expertise in industrial piping and hydrogen station manufacturing, HRS quickly had access to a decisive competitive advantage, allowing the company to grow to become a European market leader in hydrogen stations for mobility.

This recognised expertise enabled us to conduct one of the most successful IPOs ever recorded on EuroNext Growth in February 2021, and to start building our new factory in France.

This industrial site centre has made HRS the number one manufacturer of hydrogen stations in Europe. This factory has enabled HRS to scale up its manufacture of high-capacity stations, which are in high demand from manufacturers and users, and key to the deployment of hydrogen mobility.

Key figures

Données 31 décembre 2023

years of experience

employees

million euro turnover

stations since 2009

stations commissioned by 2025

employees by 2025

Company history

Founded nearly 20 years ago, HRS is a French company with historic expertise in the study, design, manufacture, and installation of industrial piping for the transportation of fluids.

2004

2009

2015

2016

2017

June 2020

Sept. 2020

Feb. 2021

March 2021

Oct. 2021

Dec. 2021

Nov. 2022

Dec. 2022

2023

Founding of the company

Founding of TSM (Tuyauterie Service Maintenance) by Hassen Rachedi in Bresson (38), expert in the industrial piping sector.

Hydrogen refueling station manufacturing

Hydrogen station manufacturer

Manufacture of first hydrogen refueling stations for a major French client. The company enters the hydrogen era.

Developing expertise

Launch of serial production of H2 stations. First stations with a capacity of 100 kg H2/day (CEP project, Germany). Purchase of SIREM

Increasingly sophisticated hydrogen expertise

Manufacture of the first H2 stations with a compression capacity of 200 kg/day (H2 Mobility, Avia Paris, CRPS projects – Saclay)

Stepping up of station capacity

Integration of the first hydrogen refueling station with a capacity of 500 kg/day (HyBalance, Denmark).

First orders for turnkey HRS stations

Hympulsion orders its first hydrogen station from HRS, to be installed in the Auvergne-Rhône-Alpes region as par“ of the "Zero Emission Valley" project

Strategic repositioning

Design and sale of own-brand hydrogen stations starts. TSM changes its name to HRS: Hydrogen Refueling Solutions.

A historic IPO

To support its development, a record €97.3 M IPO on the Euronext Growth market.

Transportable hydrogen refueling station for TotalEnergies

First turnkey HRS stations installed

TOTAL ENERGIES orders a mobile station from HRS.
PLUG POWER orders a station for refueling forklifts.

Purchase of AEI

Automatisme et Electricité Industrielle, a historic partner in a key area of station design.

Strategic partnership with Hype

Part of the deployment of Hype's proprietary production and distribution network for green H2, intended to support the development of carbon-free mobility, primarily for its taxis.

First HRS station in the Auvergne-Rhône-Alpes region for Zero Emission Valley

Delivery of the first station designed by HRS for Hympulsion and the first definitive launch of the "hydrogen valley" concept in France, aiming for simultaneous deployment of vehicles and stations.

Strategic partnership with ENGIE Solutions

Commercial and technological partnership intended to speed up the completion of 15 hydrogen-related projects by 2026.

Broader ambitions

Establishment of a new HRS production and testing centre in Champagnier, near Grenoble. One of Europe's most important industrial hydrogen mobility sites.

Our commitments

Our products are designed with the environment in mind.
As an employer, we are committed to prioritising the working environment and, as a company, to cooperating and accelerating the development of our sector.

Our environmental commitments

Our social commitments

Our commitments to the hydrogen sector

Stations at the heart of hydrogen mobility

In the development of low-carbon mobility for the energy transition, hydrogen plays a complementary role to that of the battery.

Fuel cell electric vehicles (i.e. hydrogen powered vehicles) are perfectly suited for high or intensive usage, transportation of heavy goods, a long range and/or fast refueling.

Implementing hydrogen mobility involves the simultaneous development of stations and vehicles to avoid the "chicken-and-egg” paradox, putting stations at the forefront of the hydrogen mobility value chain.

Expertise to ramp up our development

From the construction of a new, unique production and R&D centre in Europe to implementing strategic partnerships, strengthening our teams' skills, and maintaining the trust of our existing clients, HRS has all the expertise to guarantee sound development.