MAN to invest up to €500 million in PEM electrolyzer production

MAN Energy Solutions, a Volkswagen-owned industrial engine manufacturer, has announced it will invest up to €500 million in its subsidiary H-TEC SYSTEMS to transform the hydrogen specialist into a mass producer of proton exchange membrane electrolyzers within the next few years.

With this investment, Augsburg-based H-TEC SYSTEMS aims to take a market-leading position. The company expects to benefit not only from a global sales network and the experience that MAN Energy Solutions has in major projects, but also from direct access to the expertise and experience of the Volkswagen Group, especially in matters relating to production scaling and the supplier-based series production business.

“Our plan is clear,” said Uwe Lauber, CEO of MAN Energy Solutions. “We are transforming H-TEC SYSTEMS into one of the world’s leading players in the field of PEM electrolysis. Over the next five to ten years, green hydrogen will become one of the most important primary energy sources for the global economy as it continues to decarbonize. With PEM electrolysis, H-TEC SYSTEMS has mastered one of the most important processes for industrially scaled hydrogen production from renewable energy sources. The technology is mature and has already been placed on the market successfully. The next step is therefore to scale and set up highly automated serial production – and we would like to make rapid progress with this.”

HTW Editorial Team

HTW Editorial Team

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