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Electrochaea's EIC Accelerator E-Methane Plant Never Got Built

October 15, 20262,269 words12 min

Electrochaea, a company in Planegg near Munich, makes methane with microbes. A strain of archaea, single-celled organisms first selected at the University of Chicago, eats hydrogen from electrolysers and carbon dioxide from biogas plants or industry and gives off methane clean enough to be fed into the natural gas grid, according to the company. In the EIC Accelerator pilot's Green Deal round of 19 May 2020, the European Commission selected it for blended finance, as the list of selected companies shows. The grant, €2,485,000 for a €3,550,000 project called Echaea, was to take its process from 1 MW demonstration plants to a 10 MWe standard plant, and EIC equity was to pay for building the first one at Roslev in Denmark, according to CORDIS.

The design was finished. The plant was not built. At the end of April 2026, after a financing round failed, Electrochaea filed for insolvency, and on 3 August 2026 the insolvency administrator, Michael Jaffé, announced that Hitachi had bought its worldwide patent portfolio, according to the administrator's press release and IT BOLTWISE.

€2.485MEU grant for Echaea, 2020 to 2023
€14.9MEIC Fund equity, closed January 2022
10 MWeStandard plant designed, never built
InsolventSince April 2026

Company file

Legal entity
Electrochaea GmbH, Amtsgericht München HRB 212834
Registered
July 2014
Headquarters
Semmelweisstrasse 3, Planegg, Germany
Leadership
Mich Hein (CEO), Doris Hafenbradl (CTO), Karsten Hanich (CFO)
Investors
Baker Hughes, EIC Fund, MVP, Storengy, btov, KfW, Energie 360°, Caliza, Focus First
Staff
33 in the 2020 CORDIS objective; "nearly thirty" in a 2020 news report
EIC project
Echaea, May 2020 Green Deal cut-off, blended finance, CORDIS 101010276
Insolvency administrator
Michael Jaffé, JAFFÉ Rechtsanwälte Insolvenzverwalter

Where Electrochaea Stands Now

Electrochaea is in insolvency proceedings. The Munich commercial register shows that the local court issued a decision on the company's assets on 27 April 2026, under case number 1508 IN 1517/26, and recorded the company as in liquidation on 8 July 2026, according to North Data. The administrator's release says the company had been loss-making since it was founded, depended on fresh capital to keep operating, and never reached cost-covering production at industrial scale, partly because of delays in expanding its plants. A summary published with the release on WebDisclosure says the administrator considers the technology not yet proven in industrial production and in need of further investment. The price Hitachi paid has not been disclosed.

Hitachi confirmed the deal on 28 August 2026. It said it had acquired patent rights in Germany and abroad, copyrighted works and technical documents relating to biomethanation, and that it would continue demonstration work in Japan, according to its press release. What became of the staff and of the Danish project company has not been published.

The Technology: Archaea Instead of a Catalyst Bed

Most power-to-methane plants use the Sabatier reaction, in which hydrogen and CO2 react over a nickel catalyst at high temperature. Electrochaea does the same chemistry biologically: its archaea sit in a pressurised bioreactor and convert hydrogen and CO2 into methane at mild conditions, with what the company describes as high tolerance to contaminants in the CO2 stream and no intermediate products, according to its own description. The CORDIS project report adds that the process converts more than 97% of the carbon fed into it. That figure comes from the company and could not be checked independently.

The pitch to the EIC was storage. Surplus wind and solar power becomes hydrogen, the hydrogen becomes methane, and the methane goes into the existing gas grid and its storage. A 10 MW plant, the company said, would convert 5,700 tonnes of CO2 a year into 2.8 million Nm3 of e-methane, enough to heat 2,400 homes, according to CORDIS.

"Our technology has shown to produce grid-quality e-methane in a continuous process at a 1MW scale (Biofos, DK Solothurn, CH) and now needs to be scaled up to commercial size."

Electrochaea, Echaea project objective, CORDIS

What the EIC Award Promised, and What the Record Shows

Echaea ran from 1 November 2020 to 30 September 2023 under the Green Deal topic of the EIC Accelerator pilot. Electrochaea's Danish affiliate, Electrochaea DK ApS, took part as a linked third party and received €359,843.75 of the grant; the Commission's list names only Electrochaea GmbH. The plan had two stages: the grant would "de-risk" the process to market readiness, and the company would "subsequently" build a full 10 MWe commercial demonstration plant at Roslev "funded by the EIC equity facility", according to CORDIS. The objective also cited expressions of interest for 12 such plants.

The periodic report lists four expected results: basic and detailed engineering for a standard 10 MWe plant, lower capital and operating costs, a market strategy for the key EU markets, and the first commercial project in the EU. It records that basic engineering was completed with ECM Kraftanlagen in Munich, that nutrient costs were cut with a new formulation, that a country-by-country market ranking was drawn up, and that permitting for Roslev had begun with Skive Municipality. In October 2022 Solarserver reported that Electrochaea had finished the engineering of its first standardised 10 MW plant. In August 2024 the company announced that it had "successfully completed" the programme and scaled up to "an archetype design of 10 MWe". That release dates the selection to 2021; the Commission's list and CORDIS place it in May 2020.

  1. Basic engineering for a 10 MWe standard plantDeliveredCompleted with ECM Kraftanlagen, per the CORDIS report; design announced in October 2022.
  2. Lower CAPEX and OPEXUnverifiedClaimed by the company; no cost figures published.
  3. EU market strategyDeliveredCountry ranking and four candidate sites, per CORDIS.
  4. First commercial project in the EU (Roslev)Not deliveredProduction was due in 2026; no start announced before the insolvency.
  5. 10 MWe plant built with EIC equityNot deliveredNo construction or commissioning announced by the company or third parties.

On time against the grant, behind against the plan. The engineering, the cost work and the market study fit the 35-month project. The plant that the grant was meant to prepare for, and that the equity was meant to pay for, did not follow.

The Plant in Roslev

Roslev was not a new idea. In December 2023 Biocat Roslev ApS, a company controlled by Electrochaea and set up in 2018, signed a contract with the Danish Energy Agency for a subsidy of up to DKK 71 million (€9.5 million) for hydrogen production. Wind turbines near Rybjerg Biogas were to supply the power and the biogas plant the CO2. Doris Hafenbradl said the project was "close to its completion" and that production of hydrogen and e-methane would start in 2026, according to the company's press release. The company repeated the €9.5 million figure in its August 2024 release, which says it made "significant overall progress in the approval process" but does not report construction. Electrochaea's news page carries no later update on Roslev, and no start of production was announced before the April 2026 filing.

Meanwhile the company sold one of the plants it already had. In April 2024 it sold a BioCat bioreactor, described as the world's largest power-to-gas plant based on biological methanation, to the Danish CO2 specialist Again A/S for research and development, according to European Biotechnology. The price was not disclosed.

What the company said

A 10 MWe commercial plant at Roslev, funded by EIC equity, then an international roll-out with 12 plants already of interest and production from 2026.

What the record shows

A finished design, a Danish subsidy contract and licences, but no commercial plant, a demonstration reactor sold and an insolvency filing in April 2026.

What Electrochaea Achieved After the Award

The money came quickly. In January 2022 the EIC Fund invested €14.9 million, completing a €36 million Series D led by the energy technology company Baker Hughes, with MVP, Storengy (an ENGIE subsidiary), btov, KfW, Energie 360°, Caliza and Focus First taking part again, according to Munich Startup and Bioökonomie.de, which reported it as the largest round worldwide for a power-to-methane company. The equity figure differs slightly by source: €14.9 million in those reports, €14.975 million in the company's 2024 release, and "€15 million" in a 2020 report by Renewable Carbon.

Electrochaea is not on the European Innovation Council's list of EIC Fund invested companies: a search of all 319 entries on pages 0 to 15 on 15 October 2026 found no match, although the EIC Fund's investment was announced in 2022. The list does not say whether insolvent holdings are removed.

Commercial deals took the form of licences and designs. In November 2024 Electrochaea and Hitachi signed a five-year technology transfer and licensing agreement for Japan's first biomethanation plant, with commissioning targeted in 2027, according to Electrochaea; Hitachi dates the licence to November 2024 as well in its 2026 release. In February 2025 Electrochaea and Baker Hughes finished a basic engineering design package for plants of 3,750 Nm3 of methane an hour fed by a 75 MWe electrolyser, with feasibility studies "underway" for prospective clients, according to the company. None of those clients was named, and no plant order was announced.

Electrochaea also worked in other EU projects. In the Horizon 2020 project STORE&GO, which ran from March 2016 to February 2020 to demonstrate power-to-gas storage in Germany, Switzerland and Italy, it received a net EU contribution of €2,041,270.

What Cannot Be Checked

Gaps in the public record

The Munich register holds balance sheets for 2015 to 2022, but the figures are behind a paywall at North Data and no losses, cash or staff numbers could be verified for this article. Accounts for 2023 onwards are not listed. Whether the EIC Fund's €14.9 million stake was written off, what Hitachi paid and what happened to Biocat Roslev ApS and the Danish subsidy are not public.

Why Europe Should Care

The EU wants more renewable gas. Its REPowerEU plan of May 2022 calls for scaling up biomethane production by 2030, and member states have reported plans for 26 billion cubic metres a year by then. The revised Renewable Energy Directive sets a binding 42.5% renewable share for 2030 and new binding targets for renewable fuels of non-biological origin in sectors that are hard to electrify. E-methane made from hydrogen and biogenic CO2, as planned at Roslev, was meant to count towards that category, the company said.

Electrochaea's end means a European technology that the EIC funded twice, through a grant and through equity, now belongs to a Japanese group that plans to develop it in Japan. Hitachi's 2026 release names demonstration projects in Japan and a target for 2030.

The Verdict

A design, not a plant

The grant bought what it was meant to buy: engineering for a 10 MW standard plant and a market plan. The step the EIC's €14.9 million of equity was for, a commercial plant in Denmark, never happened, and the company ran out of money before its first commercial e-methane. Electrochaea leaves the EU with patents in Japanese hands and an unanswered question about how much of the EIC's investment can be recovered.

Electrochaea, its insolvency administrator and the EIC have not been asked for comment for this article. It is based entirely on public records, company statements and EU project data, linked throughout.

Industry

EnergyHydrogen technologies

Focus
  • Power-to-X
Technologies
  • Industrial microbiology
Keywords
  • E-methane
  • Archaea
  • Gas grid injection
  • Biogas upgrading
  • Biological methanation

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Electrochaea#Echaea#biological methanation#e-methane#power-to-gas#EIC Fund#Hitachi#insolvency#Germany
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