Nikkiso Clean Energy & Industrial Gases is embarking on a substantial expansion project in Saxony, Germany, aiming to nearly double its European manufacturing capacity. The expansion will focus on enhancing its carbon capture business and introducing new manufacturing capabilities for cryogenic pump assembly, heat exchangers, and hydrogen fuelling skids. By investing in this expansion, Nikkiso aims to achieve a 20% growth in the near term and further growth in the long run. The company's move aligns with the increasingly favorable market conditions for low-carbon energy solutions, driving the clean energy market forward. The expansion project, set to be completed by the first half of 2025, will see facility operations fully powered by renewable solar energy. This initiative enables Nikkiso to cater to the rising demand for cryogenic equipment in various clean energy projects, including hydrogen fuelling stations, LNG terminals, ammonia terminals, and hydrogen production plants. The Prime Minister of Saxony, Michael Kretschmer, commended Nikkiso's decision to expand in Saxony, emphasizing the importance of the company's role in advancing the hydrogen economy. Saxony's goal to develop a substantial electrolysis capacity by 2030 aligns with the expansion plans, showcasing a strategic partnership between Nikkiso and the region. The article also mentions Saxony's long-term vision to fulfill its hydrogen requirements independently by 2040 through large-scale production connected to national and international grids, indicating a significant shift towards sustainable energy practices.