Fortescue Metals Group, in collaboration with GL Ventures, has invested up to $14m in Hyproof, a Chinese electrolyser membrane manufacturer specializing in PEM systems. The investment aims to support Hyproof's expansion of production lines, specifically focusing on AEM electrolysers. This move aligns with Fortescue's green hydrogen production projects, including their 2GW PEM electrolyser facility in Queensland. The CEO of Fortescue Energy highlighted the significance of establishing the company as an original equipment manufacturer (OEM) through the PEM electrolyser production facility. The article also addresses concerns in the hydrogen industry regarding the oversupply of Chinese electrolysers, leading the EU to consider stricter rules to back domestic electrolyser supply chains. This shift comes as reports indicate a potential oversupply crisis, with 71GW of electrolyser manufacturing capacity expected globally by 2024 against a demand projection of only 10GW. Despite previous efforts to boost European electrolyser production capacity, the market now faces challenges of oversaturation. The developments in the hydrogen sector shed light on the complexities of balancing global supply and demand dynamics, as stakeholders navigate investments, manufacturing expansions, and regulatory adjustments to ensure a sustainable and efficient market for hydrogen technologies.