Air Products and Thyssenkrupp partner for global deployment of novel water electrolysis technology

July 22, 2020
Owning the Energy Transition
Very important

The two companies already announced their first project – a 1 GW project in Saudi Arabia that is set to be the world's largest green ammonia project. This partnership is an important one to monitor, as it brings to market Thyssenkrupp's novel zero-gap alkaline water electrolyzer – zero-gap alkaline electrolysis combines the high efficiencies of PEM and solid oxide electrolysis while retaining the "low" capex of conventional alkaline water electrolyzers. Most of the recently announced green hydrogen projects will use electrolysis technology from midsize companies; as a large global corporation with a footprint in several heavy industries, Thyssenkrupp has the ability to rapidly gain a significant share of the growing green hydrogen market. 

For the original news article, click here .

Further Reading

PowerCell Sweden

Company Snapshot | November 04, 2019

PowerCell Sweden was founded in 2008 as an industrial spinout from the Volvo Group; it raised around $34.5 million from two venture rounds in 2009, as well as an additional $1.4 million in debt financing in 2014 from the Swedish Energy Agency; the company went public in 2017. The company develops ... Not part of subscription

Germany passes $10.2 billion hydrogen strategy and stimulus plan

News Commentary | June 11, 2020

The German federal ministry of economy and energy unveiled Germany's national hydrogen strategy, calling for 5 GW of new green hydrogen capacity (hydrogen produced from wind‑ or solar‑powered electrolysis) and dedicating $8 billion toward the development of that capacity. The hydrogen strategy brief... To read more, click here.

Corvus to develop marine fuel cell systems

News Commentary | February 08, 2021

Corvus, a leader in marine electrification as a supplier of battery systems, and Toyota, a leader in fuel cell technology, are partnering to develop maritime‑specific PEM fuel cell systems. The initiative brings together a network of impressive development partners, including Equinor, shipowners ... To read more, click here.