Rolls-Royce now forays to the hydrogen production market with the acquisition of 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer.
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.
Both companies said that they have a shared belief in the opportunity of zero-carbon energy – both for power supply and the propulsion of heavy vehicles.
Rolls-Royce is going to develop a complete electrolyzer system and has a global sales and service network, which opens up the potential for significant worldwide sales.
Tags: Electrolyser, Hoeller Electrolyzer, Hydrogen, PEM, Rolls-Royce
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