HydrogenPro ASA has over a long period of time developed a unique Gen3 electrode technology that enables electrolysers to produce with industry-leading efficiency and reducing the levelised cost of hydrogen.The new production line will quadruple the production capacity of large electrodes.
CEO, Jarle Dragvik, said: "The technology that we have developed is unique and is now ready for commercialisation. There is a very strong demand for this technology as we experience increased request for quotation of Gen 3 electrodes. It is therefore a good timing for investing in order to deliver from 2025 and onward. With the very good results we have seen testing Gen3 electrodes, we are pleased to take this important step."
The total investment is stipulated to 70 millkion NOK and the experience obtained will be very important also in the planning of a 'H2-GIGA factory'. Earlier this year HydrogenPro announced the approval of a grant from the Export and Investment Fund of Denmark for the planning also for this factory.