EQS-News: ANDRITZ enters partnership with HydrogenPro for green hydrogen

EQS-News: Andritz AG / Key word(s): Investment
ANDRITZ enters partnership with HydrogenPro for green hydrogen

19.04.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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GRAZ, APRIL 19, 2023. International technology group ANDRITZ and
HydrogenPro, a leader in green hydrogen technology and systems, have
entered into a partnership to collaborate on scaling up manufacturing and
assembly of electrolyzers for the European market.

The collaboration will bring together HydrogenPro’s expertise in
high-pressure alkaline electrolyzer (AEL) technology with ANDRITZ’s
competence in manufacturing and assembly. This non-exclusive partnership
will allow ANDRITZ to include HydrogenPro’s technology in its EPC offering
of green hydrogen solutions. HydrogenPro, as a fast-growing global green
hydrogen technology company, will be able to speed up its technology
offering to the European market.

Sami Pelkonen, Executive Vice President Green Hydrogen at ANDRITZ GROUP,
states: “ANDRITZ aims to become a leading global provider of complete
green hydrogen plants and solutions based on different electrolysis
technologies. We look forward to working with HydrogenPro to contribute to
the increase in electrolysis capacities needed to support the emerging
green hydrogen economy in Europe. Our expertise in plant engineering and
turnkey projects will help us to successfully execute complete projects
for our customers.”

Tarjei Johansen, CEO of HydrogenPro, adds: “This strategic partnership
unlocks a significant potential as it combines our pioneering electrolyzer
design and expertise in underlying technologies with ANDRITZ’s operational
excellence and experience as an EPC supplier. It is also an important step
for HydrogenPro towards reaching our target of providing more than 5 GW of
electrolysis capacity in five years. We look forward to building on this
partnership.”

– End –

PRESS RELEASE AND PHOTO AVAILABLE FOR DOWNLOAD
Press release and photo are available for download at [1]andritz.com/news.
The photo may be published free of charge if the source is stated: “Photo:
ANDRITZ”.

FOR FURTHER INFORMATION, PLEASE CONTACT
Susan Trast
Vice President Group Communications and Marketing
[2]susan.trast@andritz.com
[3]andritz.com

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of
innovative plants, equipment, systems, services and digital solutions for
a wide range of industries and end markets. Sustainability is an integral
part of the company’s business strategy and corporate culture. With its
extensive portfolio of sustainable products and solutions, ANDRITZ aims to
make the greatest possible contribution to a sustainable future and help
its customers achieve their sustainability goals. ANDRITZ is a global
market leader in all four of its business areas – Pulp & Paper, Metals,
Hydro and Separation. Technological leadership and global presence are
cornerstones of the group’s strategy, which is focused on long-term
profitable growth. The publicly listed group has around 29,100 employees
and over 280 locations in more than 40 countries.

HYDROGENPRO
HydrogenPro is a technology company and an OEM for high pressure alkaline
electrolyzers and supplies large scale green hydrogen plants, all ISO
9001, ISO 45001 and ISO 14001 certified. The Company was founded in 2013
by individuals with background from the electrolysis industry which was
established in Telemark, Norway by Norsk Hydro in 1927. We are an
experienced engineering team of leading industry experts, drawing upon
unparalleled experience and expertise in the hydrogen and renewable energy
industry.

 

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19.04.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1610935

 
End of News EQS News Service

1610935  19.04.2023 CET/CEST

References

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2. susan.trast@andritz.com
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