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Home›Business & Finance›HydrogenPro steps into US market with establishment of manufacturing facility
Business & Finance

March 20, 2023 · about 3 years ago

HydrogenPro steps into US market with establishment of manufacturing facility

Norwegian HydrogenPro, a technology company and an OEM for high-pressure alkaline electrolysers, has announced it will take its first major step into the US market with the establishment of a 500 MW manufacturing facility in Texas, US, with an estimated total investment cost of $30-50 million. Accor

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HydrogenPro steps into US market with establishment of manufacturing facility

Norwegian HydrogenPro, a technology company and an OEM for high-pressure alkaline electrolysers, has announced it will take its first major step into the US market with the establishment of a 500 MW manufacturing facility in Texas, US, with an estimated total investment cost of $30-50 million.

According to HydrogenPro, the brownfield investment includes a separate advanced electrode manufacturing facility, representing a technology game changer in its solutions offering.

The new site is planned to have an initial capacity of 500 MW with the option to significantly scale up the capacity to several gigawatts in due time.

The company said the move will increase its manufacturing capacity to 800 MW in total.

HydrogenPro also pointed out that the US market is its top priority, and manufacturing capacity on the North American continent provides a fundamental platform to succeed with the announced growth ambitions.

It said it has conducted an extensive strategic review of various US states to determine the most suitable location, explaining that all locations have been assessed based on several factors, including access to site and skilled workers, infrastructure, ease of sourcing raw materials, proximity to end-users, and incentive programmes offered by different states.

Tarjei Johansen, CEO of HydrogenPro, commented: “The US factory will be our bridgehead into the North American market. A key factor for us to become the leading provider of green hydrogen technology and systems is our presence across continents, securing sustainable and local supply chains.”

“We have great confidence in our technology and systems being an excellent fit for large-scale industrial applications, where we are now seeing an unprecedented increase in demand for green hydrogen following the IRA. Consequently, establishing a manufacturing site to serve the North American market is a natural next step in our global expansion plan and a very exciting opportunity for our company!”

In September 2022, HydrogenPro received what is said to be the world’s largest electrolyser at its test facility at Herøya, marking a milestone in the company’s history.

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