Rolls-Royce forays into hydrogen market

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.