Air Liquide and Siemens23 Jun 2022 09:57
announce the creation of a joint venture dedicated to the series production of industrial scale renewable hydrogen electrolyzers in Europe.
Air Liquide will take 25.1 percent, and Siemens Energy will hold 74.9 percent of the joint venture, which creation remains subject to approval of the competent authorities. This joint venture will be headquartered in Berlin. The joint venture multi-gigawatt factory that produces electrolysis modules (“stacks”) would be also located in the German capital, as announced earlier this year. This factory will supply stacks to both Groups for their respective broad range of customers and to serve the rapidly growing market.
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