HydrogenPro Ensures Compliance with European Regulations on Green Hydrogen Production
Key Ideas
- HydrogenPro reaffirms its adherence to the European Hydrogen Bank's new regulations limiting the use of Chinese-made components in electrolyser stacks for green hydrogen projects.
- The company assures investors and analysts that its supply chain adjustments to meet the regulations will be minimal, with production in Denmark and assembly in Germany through its partner ANDRITZ AG.
- The CEO of HydrogenPro, Jarle Dragvik, expresses confidence in compliance with the EU regulations and emphasizes the company's position as a key player in the global green hydrogen industry.
- HydrogenPro, as the exclusive supplier for major green hydrogen projects worldwide, continues to collaborate closely with ANDRITZ to deliver large-scale projects in Europe.
HydrogenPro, a leading player in the green hydrogen industry, has announced its compliance with the new regulations set by the European Hydrogen Bank regarding the sourcing of electrolyser stacks for green hydrogen projects. The regulations restrict projects from using more than 25 percent of electrolyser stacks from China. HydrogenPro confirms that it fully adheres to these funding requirements for its European ventures. The company has carefully reviewed its supply chain and ensures that adjustments will be minimal to meet the regulatory standards. With electrode production in Denmark and assembly taking place at the facilities of its partner ANDRITZ AG in Germany, HydrogenPro is confident in its ability to comply with all regulations. Jarle Dragvik, the CEO of HydrogenPro ASA, conveys the company's commitment to meeting the EU regulations and emphasizes the importance of understanding the complexities of the supply chain involved in green hydrogen production. As a key player in the global green hydrogen market, HydrogenPro is the exclusive supplier for significant green hydrogen projects on a global scale. Its partnership with ANDRITZ AG enables the company to continue delivering large-scale projects in Europe. This reassurance from HydrogenPro comes amidst concerns and misunderstandings in the industry following the introduction of the new regulations by the European Hydrogen Bank.
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