Bosch to invest in electrolyser production
Firm forecasts the global market for electrolyser components will expand to be worth €14bn by 2030
Technology firm Bosch is to launch a new business unit to develop components for electrolysers, investing €500mn ($527mn) in the venture by 2030. The global market for electrolyser components will expand to be worth €14bn by the same date, the company forecasts, with Europe set to see the highest growth rates. “We cannot afford to delay climate action any longer, so we aim to use Bosch technology to support the rapid expansion of hydrogen production in Europe,” says Stefan Hartung, chairman of the board of management of Bosch. Bosch is collaborating with partners to develop a way of combining a proton-exchange membrane (PEM) electrolyser stack with a control system, electronics and sensors t
Also in this section
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter
16 April 2024
European Commission to provide list of approved certifiers in a move that is expected to help unlock investment in the sector
9 April 2024
Higher country-level risk and green hydrogen project execution risks are driving up financing costs, according to the Hydrogen Council and McKinsey