Dynelectro Secures €11 Million Investment to Revolutionize Green Hydrogen Market
Key Ideas
  • Dynelectro received an €11 million investment to develop a 1-MW Dynamic Electrolyser Unit (DEU) for the green hydrogen market, supported by grants from the European Innovation Council and Danish programs.
  • Their solid-oxide electrolysis technology aims to increase efficiency and longevity, addressing current electrolysis limitations and aiding in decarbonizing hard-to-abate sectors.
  • The company's innovative AC:DC technology extends the lifespan of SOE from 2 to 10 years, reducing costs and facilitating quick production adjustments for grid balancing.
  • The upcoming installation of a 1-MW unit in Denmark in 2025 showcases the practical applications and benefits of Dynelectro's advanced energy solution.
Dynelectro, a leader in sustainable energy solutions, has secured an €11 million investment to advance its 1-MW Dynamic Electrolyser Unit (DEU) technology for the green hydrogen market. With additional funding from the European Innovation Council and Danish programs, Dynelectro aims to scale up its DEUs from 150-kW prototypes to commercial-scale 1-MW units. Their solid-oxide electrolysis (SOE) technology focuses on improving system performance and longevity, enabling efficient hydrogen production and utilization of industrial waste heat for decarbonization in hard-to-abate sectors. The company's innovative AC:DC technology aims to extend SOE lifespan from 2 to 10 years, aligning it with other electrolysis technologies and reducing costs. Dynelectro's partnership with industrial giant Yara further validates market interest in the technology, particularly in the fertilizer industry's green transition. The upcoming installation of a 1-MW unit in Denmark in 2025 demonstrates the practical applications and benefits of Dynelectro's energy solution. Market experts recognize the company's potential to drive significant breakthroughs in hydrogen technology and Power-to-X, contributing to the EU's Green Deal and accelerating the adoption of clean energy. Dynelectro's success and market validation mark a pivotal moment in the company's growth and the advancement of sustainable energy solutions.
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