19.04.2023 07:00:05

EQS-News: ANDRITZ enters partnership with HydrogenPro for green hydrogen

EQS-News: Andritz AG / Key word(s): Investment
ANDRITZ enters partnership with HydrogenPro for green hydrogen

19.04.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


GRAZ, APRIL 19, 2023. International technology group ANDRITZ and HydrogenPro, a leader in green hydrogen technology and systems, have entered into a partnership to collaborate on scaling up manufacturing and assembly of electrolyzers for the European market.

The collaboration will bring together HydrogenPros expertise in high-pressure alkaline electrolyzer (AEL) technology with ANDRITZs competence in manufacturing and assembly. This non-exclusive partnership will allow ANDRITZ to include HydrogenPros technology in its EPC offering of green hydrogen solutions. HydrogenPro, as a fast-growing global green hydrogen technology company, will be able to speed up its technology offering to the European market.

Sami Pelkonen, Executive Vice President Green Hydrogen at ANDRITZ GROUP, states: ANDRITZ aims to become a leading global provider of complete green hydrogen plants and solutions based on different electrolysis technologies. We look forward to working with HydrogenPro to contribute to the increase in electrolysis capacities needed to support the emerging green hydrogen economy in Europe. Our expertise in plant engineering and turnkey projects will help us to successfully execute complete projects for our customers.

Tarjei Johansen, CEO of HydrogenPro, adds: This strategic partnership unlocks a significant potential as it combines our pioneering electrolyzer design and expertise in underlying technologies with ANDRITZs operational excellence and experience as an EPC supplier. It is also an important step for HydrogenPro towards reaching our target of providing more than 5 GW of electrolysis capacity in five years. We look forward to building on this partnership.

End

PRESS RELEASE AND PHOTO AVAILABLE FOR DOWNLOAD
Press release and photo are available for download at andritz.com/news. The photo may be published free of charge if the source is stated: Photo: ANDRITZ.

FOR FURTHER INFORMATION, PLEASE CONTACT
Susan Trast
Vice President Group Communications and Marketing
susan.trast@andritz.com
andritz.com

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of innovative plants, equipment, systems, services and digital solutions for a wide range of industries and end markets. Sustainability is an integral part of the companys business strategy and corporate culture. With its extensive portfolio of sustainable products and solutions, ANDRITZ aims to make the greatest possible contribution to a sustainable future and help its customers achieve their sustainability goals. ANDRITZ is a global market leader in all four of its business areas Pulp & Paper, Metals, Hydro and Separation. Technological leadership and global presence are cornerstones of the groups strategy, which is focused on long-term profitable growth. The publicly listed group has around 29,100 employees and over 280 locations in more than 40 countries.

HYDROGENPRO
HydrogenPro is a technology company and an OEM for high pressure alkaline electrolyzers and supplies large scale green hydrogen plants, all ISO 9001, ISO 45001 and ISO 14001 certified. The Company was founded in 2013 by individuals with background from the electrolysis industry which was established in Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering team of leading industry experts, drawing upon unparalleled experience and expertise in the hydrogen and renewable energy industry.

 



19.04.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com


Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1610935

 
End of News EQS News Service

1610935  19.04.2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1610935&application_name=news&site_id=smarthouse