The factory is being constructed in collaboration with Maru Ehitus AS. Elcogen’s production capacity will increase from 10 MW to 360 MW following completion of the new facility. Construction of the factory began in January 2024, with production expected to start in mid-2025.
Enn Õunpuu, founder and CEO of Elcogen, stated: “The new factory will be equipped with the latest available technology, reducing its environmental impact and minimising air pollution. Production will be significantly more automated, faster, and of higher quality than before. The new factory is a priority development for us, as our current production capacity is at its maximum, and with our strategic investors Baker Hughes and HD Hyundai, we have global customers who are in need of our technology.”
Margo Dengo, Chairman of the Board of Maru Ehitus, added: “All big things start small. I am pleased to see the progress made to date – from a brief phone call with Enn back in November 2022, our journey has led us to the cornerstone laying today. This is an extremely important project for Maru Ehitus as well as a major construction challenge, due to the complexity of the systems being installed.”
Currently, Elcogen has a 1,700 m² factory in the Ülemiste district, which was completed in 2014, also in collaboration with Maru Ehitus AS.