HydrogenPro's Success in Q1 2025: Major Orders, New Production Line, and Validation Milestones
Key Ideas
  • HydrogenPro's Q1 2025 saw revenues of NOK 22 million with significant achievements like a USD 2.5 million order and a new production line in Denmark.
  • The successful validation of next-generation electrodes and a 100 MW electrolyzer order from ANDRITZ for a project in Germany highlight the company's technological advancements.
  • Equity injections from major players like ANDRITZ and Mitsubishi Heavy Industries, along with the completion of large-scale tests, position HydrogenPro as a leading provider of green hydrogen solutions.
  • The company's CEO, Jarle Dragvik, emphasized the industrial proven nature of their electrode technology, demonstrating commitment to supporting industrial decarbonization and enabling low-carbon steel production.
HydrogenPro, in its Q1 2025 report, announced revenues of NOK 22 million, showcasing a series of achievements and advancements. The quarter saw the reception of a significant purchase order of USD 2.5 million, along with ANDRITZ's commitment to order a 100 MW electrolyzer unit from HydrogenPro for a project in Germany. Additionally, the company successfully started a new manufacturing line in Aarhus, Denmark, for advanced electrodes, an investment that was completed on time and below budget. Another highlight was the successful validation of next-generation electrodes through a large-scale test, confirming performance improvements and the reliability of HydrogenPro's technology. This validation, coupled with the industrial proven nature of their electrode technology, underlines the company's dedication to providing cutting-edge green hydrogen solutions. Furthermore, HydrogenPro received equity injections from key players like ANDRITZ and Mitsubishi Heavy Industries, with ongoing discussions for further investments, strengthening the company's position in the market. The CEO, Jarle Dragvik, highlighted the importance of these investments in scaling up their capabilities and supporting industrial decarbonization, particularly in the steel production sector. The positive momentum continued with the announcement of upcoming projects like the ACES commissioning in 2025 and SALCOS® commissioning in 2026. These milestones, alongside the financial results and strategic partnerships, position HydrogenPro as a leader in the green hydrogen sector, driving innovation and sustainability. For more details, the company will host a webcast presentation featuring key executives, providing insights into their progress and future plans.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.