Beijing SinoHy Energy Co., a Chinese electrolyser manufacturer, has rebranded itself as Hygreen Energy to focus on expanding into the global hydrogen and electrolyser markets. The company, founded in 2007, aims to increase its electrolyser production capacity to 5GW by the following year. With a current 2GW annual production capacity in Shandong, China, Hygreen plans to grow its presence globally, setting up new bases in Madrid, Toronto, Dubai, Hong Kong, and more. The company also intends to broaden its product offering to include AEM electrolysis alongside its existing PEM and alkaline options. Hygreen Energy's CEO, Benny Wang, highlighted that the repositioning will enhance the firm's competitiveness in global markets and better serve its clients. The company's recruitment of key individuals from the energy, hydrogen, and finance sectors, including notable figures like Javier Romero and Marcelino Oreja, signals a strategic approach towards growth and market penetration. The expansion into international markets has sparked concerns among European electrolyser manufacturers about potential challenges posed by low-cost Chinese-produced equipment. This discussion raises questions for European policymakers about balancing the protection of local content with meeting ambitious green hydrogen targets set for 2030. Overall, Hygreen Energy's rebranding and expansion signify a positive step towards capitalizing on the growing global interest in hydrogen and supporting a sustainable future.