Nordex enters hydrogen market

Wind Industry Profile of

To complement its core business, supported by its extensive experience in the renewables sector, the Nordex Group has begun early initiatives in the green hydrogen market.

The Group has recently entered into two strategic joint ventures: one for the manufacturing of electrolyzers, a key component in the production of green hydrogen, and the second for developing large green hydrogen assets. Experts expect demand for hydrogen to grow exponentially by around 700 percent over the next thirty years. To achieve the target of net zero by 2050, it is required that the majority of this be achieved by clean sources. José Luis Blanco, CEO of the Nordex Group, explains the rationale behind the company’s hydrogen activities: “With two joint ventures, the Nordex... ... More: Official Press Release Nordex

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Nordex, Acciona, Joint Venture, green, hydrogen, activity, market, renewable energy, initiative, onshore, wind