German energy technology company Siemens Energy and French industrial gases supplier Air Liquide are setting up a joint venture that will produce industrial-scale green hydrogen electrolyzers, a project the two companies believe could help make green hydrogen competitive sooner.
The serial production of green hydrogen electrolyzers by the Siemens Energy-Air Liquide joint venture is expected to begin in the second half of 2023, and increase to an annual capacity of 3 GW by 2025. Siemens Energy will hold 74.9% and Air Liquide 25.1% of the company, which will be headquartered in the German capital Berlin.
Renewable hydrogen is still far less competitive than fossil fuels
“To make green hydrogen competitive, we need serially produced, low-cost, scalable electrolyzers,” said Christian Bruch, CEO and President of Siemens Energy. According to a study published…
Siemens Energy, Air Liquide team up to make large-scale green hydrogen electrolyzers
