Green Hydrogen Systems has raised €28m in investments in a bid to meet the accelerating demand for electrolyser capacity.
The funds will enable the Danish company to scale-up its existing operations and move to larger facilities and a larger organisation with added resources and competencies along the full value chain of the company.
Green Hydrogen Systems CEO Sebastian Koks Andreassen said, “There is an unprecedented momentum in the market for green hydrogen supported by industrial demand and political decisions to sharply increase installed hydrogen capacity in the coming years.”
“The additional funds enable us to scale-up our existing production facilities to meet the surging demand. The investment from A. P. Moller Holding is a vote of confidence in our company and the incredible market potential we are looking into.”
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