Bosch to invest for the development of hydrogen electrolyzers

German conglomerate Bosch said that it will develop components for electrolyzers in the future. The Stuttgart-based group wants to invest up to €500 million ($527.6 million) in the new business area by 2030. The particular focus will be on the development of the stacks for electrolyzers.

Bosch wants to develop electrolyzer stacks with control units, power electronics, and sensors for smart modules. It will also work with partners to achieve this. The smart modules will be delivered to manufacturers of electrolysis systems and industrial service providers from 2025. Bosch said the first pilot plant is scheduled to go into operation by as early as next year.