Wolftank Group AG Expands into Hydrogen with €10 Million Orders
Key Ideas
- Wolftank Group AG secures €10 million in new hydrogen-related orders, focusing on developing hydrogen filling stations for public buses and construction machinery refueling.
- Projects include a €5.3 million hydrogen filling station in Villach for 35 buses and a €3 million station in Merano for 15 buses, along with a €1.8 million contract for a hydrogen refueling station for construction machinery.
- The expansion into hydrogen reflects CEO Peter Werth's emphasis on hydrogen as a key solution for decarbonizing difficult-to-electrify industries, marking a strategic move by Wolftank Group AG.
- The initiatives in Carinthia and South Tyrol signify an important step towards sustainable transportation solutions and further adoption of hydrogen technology in Austria.
Wolftank Group AG has announced significant hydrogen-related developments with new orders totaling €10 million. The company's strategic focus includes the establishment of hydrogen filling stations for public buses in Carinthia and South Tyrol, along with expanding into hydrogen refueling for construction machinery. In Villach, Carinthia, Wolftank Group is undertaking a €5.3 million project to construct a hydrogen filling station catering to 35 buses, in partnership with GUTMANN GmbH. Similarly, a project valued at €3 million in Merano, South Tyrol, will service 15 buses. Additionally, Wolftank Group is pioneering a new initiative by launching a hydrogen refueling project for construction machinery, involving the installation of a station at an Austrian quarry for a hydrogen-powered wheel loader, under a €1.8 million contract. CEO Peter Werth emphasized the importance of hydrogen in decarbonizing industries that are challenging to electrify, positioning hydrogen technology as a critical solution. These endeavors in Carinthia and South Tyrol represent a significant stride towards sustainable transportation alternatives and the increased integration of hydrogen technology within Austria's energy landscape.