The electrolyser manufacturer HydrogenPro (headquartered in Norway) has announced in Q2 2023 report that its manufacturing capacity increased from 300 to 500 MW.
“The organization delivered an all-time high revenue of NOK 137 million in the second quarter with a gross margin of 21.6%. At the same time progress has been made on several fronts: We have increased our manufacturing capacity, the first FEED with our European partner ANDRITZ for a 200 MW factory is secured only four months after the partnership was announced and test of 3rd generation technology shows results in line with expectations. Further we completed a NOK 120 million private placement for the initial phase of our planned US expansion. This comes at the same time as DG Fuels is reporting good momentum on their path to FID in early 2024. HydrogenPro is ready to leverage its leading technology and focus heavily on the rapidly growing green hydrogen market in the US”, says HydrogenPro’ CEO Jarle Dragvik.
Statement https://is.gd/OMunKK
The image of HydrogenPro
