HydrogenPro has received a significant boost with a funding award of DKK 35m from the Danish Government to establish an electrode factory in Randers, Denmark. The planned H2-GIGA factory is designed to cater to the growing demand for electrolyser capacity, with the capability to produce over 77,000 electrodes annually. This initiative is part of HydrogenPro's strategy to enhance the efficiency of its third-generation electrolyser technology, following a successful 1,000-hour test that demonstrated a 14% efficiency increase. The choice of Denmark as the factory location is based on a feasibility analysis indicating the country's suitability for electrode production. Electrodes play a crucial role in the electrolysis process for hydrogen production, with positive and negative electrodes influencing the efficiency of gas generation. Despite a reported decline in revenues in Q1 2024, HydrogenPro remains committed to innovation and progress in the hydrogen sector. The company's investment in the electrode factory underscores its dedication to advancing electrolyser technology and meeting the increasing demand for renewable hydrogen.