Berlin, GERMANY and Paris, FRANCE - Production is expected to begin in the second half of 2023.
Siemens Energy has announced that together with Air Liquide, they are forming a joint venture dedicated to the series production of industrial-scale renewable hydrogen electrolyzers in Europe. This Franco-German partnership should enable the emergence of a sustainable hydrogen economy in Europe and foster a European ecosystem for electrolysis and hydrogen technology. Production is expected to begin in the second half of 2023 and enlarge to an annual production capacity of three gigawatts by 2025.
According to Siemens Energy, Air Liquide will take 25.1 percent, and Siemens Energy will hold 74.9 percent of the joint venture, which creation remains subject to the approval of the competent authorities. This joint venture should be headquartered in Berlin. Multi-gigawatt factory that produces electrolysis modules would be also located in the German capital, as announced earlier this year.
The strategic partnership should benefit from a portfolio of hydrogen projects combining both Air Liquide and Siemens Energy’s pipelines, targeting large industrial-scale hydrogen projects in collaboration with customers.
“To make green hydrogen competitive, we need serially produced, low-cost, scalable electrolyzers. We also need strong partnerships. Together with Air Liquide we look forward to implementing innovative solutions and collaborating to shape this new hydrogen market,” said Christian Bruch, CEO, and President of Siemens Energy AG.
Source: Siemens Energy