Hoeller’s technology will be used in new range of mtu electrolyzer products
Rolls-Royce is acquiring a 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer as its entry into the hydrogen production market.
Hoeller Electrolyzer, based in Wismar, Germany, is an early-stage technology company that is developing highly efficient polymer electrolyte membrane (PEM) stacks, under the brand name Prometheus, for the cost-effective production of hydrogen. The technology will form the basis of a new range of mtu electrolyzer products from its Power Systems division.
Hydrogen is an increasingly attractive power source to fuel the green energy transition and demand for ‘green’ hydrogen – whose production creates no CO2 – is expected to rise significantly. It is needed for fuel cells and hydrogen engines, for the…