About us
Since it was founded in 2004, Hydrogen Refueling Solutions (HRS), previously known as TSM, has provided hydrogen refueling station solutions for every type of vehicle (captive fleets, lorries, buses, passenger cars, etc.) for the transportation, industrial, storage and energy markets.
A new premises located in the Saut du Moine business activity area in Champagnier (in the Isère department), in a 2.6 Ha plot granted by the Grenoble-Alpes Métropole. A new production unit (10,000 sqm) will finish construction in this new space by autumn 2022, alongside offices (3,300 sqm), amenity areas (1,000m sqm) as well as a refueling station accessible to the general public.
This site will include a 2,000-sqm collaborative R&D center to receive suppliers and developers.
Since 2009, HRS has already delivered 39 refueling stations of 100 to 500 kg per day that are now in service across Europe and in the United States, including 37 stations in Europe.
Drawing on the experience it has gained over the last 18 years in engineering and complex industrial piping, as well as the integration and manufacturing of medium and high-capacity stations, since 2019, HRS has developed a new range of stations that can deliver 14 to 80 kg of hydrogen per hour. These developments are carried out in the Champ-Sur-Drac factory in the Grenoble region.
Management team
Hassen RACHEDI
CEO
Hassen Rachedi drew on his abilities as a self-taught man to climb the ladder from the production to become a technical sales representative before becoming director in 2004.
His technical abilities and a management style based on mutual respect, trust and mutual assistance, as well as a high-quality working environment have earned him the unwavering support of all of his employees throughout the Group’s existence.
Olivier DHEZ
Deputy CEO
An MBA-PhD graduate with 18 years of experience in international marketing and business development, innovation management and product development.
Olivier Dhez honed his skills in international environments as a European project manager, the founder of a scientific instruments start-up, a technical project manager and the sales and marketing director at ISORG.
Kader HIDRA
Chief Financial Officer
Kader Hidra joins HRS after over 15 years’ experience in various finance and management roles in the field of environmental transition innovation.
Kader Hidra will manage the HRS finance division by leveraging his expertise in financial markets, reporting, and financial control, using outstanding management know-how gained from working for major international groups and innovative companies, thus boosting HRS business, strategy, and performances.
The history of HRS
2022
Building of the new production and test center of HRS at Champagnier, near Grenoble (France)
One of the most important industrial site for hydrogen mobility in Europe
2021
An Initial Public Offering: 97.3 M € to accelerate the roll-out of HRS stations in Europe
One of the most important IPO of Euronext Growth
Acquisition of AEI: Integration of a strategic supplier of automated systems for HRS stations
2020
Name changed to HRS
Design and construction of 200 kg/day hydrogen station
(for Zero Emission Valley)
2017
First built 500 kg/day hydrogen station
(for HyBalance)
2016
First built 200 kg/day hydrogen stations
(H2 Mobility, AVIA Paris, CRPS Saclay)
2015
First mass-produced built 100 kg/day stations (CEP project)
Acquisition of SIREM
2008
First built hydrogen refueling stations
2004
TSM (Tuyauterie Service Maintenance) founded by Hassen Rachedi