thyssenkrupp nucera Expands Green Hydrogen Portfolio Through Acquisition of Key Technology Assets
Key Ideas
  • thyssenkrupp nucera acquires technology assets from Green Hydrogen Systems to enhance its green hydrogen technology portfolio.
  • The acquisition aims to accelerate R&D activities for efficiency, scalability, and cost optimization of alkaline water electrolysis systems.
  • The purchase includes intellectual property and a test facility, allowing thyssenkrupp nucera to advance its position in the global green hydrogen market.
  • The transaction, subject to regulatory approvals, is expected to close in late summer 2025.
thyssenkrupp nucera, a global leader in electrolysis technology, has signed an agreement to acquire key technology assets from Green Hydrogen Systems, a Danish company specialized in pressurized alkaline electrolysis. The acquisition includes a modular high-pressure electrolysis solution and a test facility in Skive, Denmark. This move aligns with thyssenkrupp nucera's strategy to enhance its position in the green hydrogen market. The high-pressure electrolysis technology operates efficiently at up to 35 bar, eliminating the need for external compression, making it suitable for various industrial applications. The acquisition will support thyssenkrupp nucera's research and development efforts into alkaline water electrolysis systems. Dr. Werner Ponikwar, CEO of thyssenkrupp nucera, emphasized the importance of the acquisition in driving the green energy transition and strengthening technology leadership in hydrogen. Dr. Stefan Hahn, CFO of thyssenkrupp nucera, highlighted the financial soundness of the transaction and its alignment with the company's long-term technology development roadmap. The completion of the transaction is subject to several conditions and is expected to finalize in late summer 2025.
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