Backed by strong European investor support and designated as an Important Project of Common European Interest (IPCEI), Stargate Hydrogen is positioning itself to drive down the cost of green hydrogen and support decarbonisation efforts in key sectors such as steel, fertilisers, and chemicals. Deliveries from the new facility have already commenced, serving customers across Europe, the Middle East, Turkey, and India.
“Stargate Hydrogen’s IPCEI project stands as an outstanding example of how professionally managed public support can catalyse meaningful industrial innovation,” said Jorgo Chatzimarkakis, CEO of Hydrogen Europe Facilities like this and the material innovation undertaken by Stargate are exactly what we need to build the hydrogen economy in Europe, and stay competitive, sustainable, and sovereign in the clean energy transition.”
Stargate Hydrogen has taken a modular, future-oriented approach to scale-up, avoiding the pitfalls of overcapacity and underutilisation. Rather than building a large greenfield plant, the company opted for a brownfield site with a flexible floor plan, enabling efficient space use and limiting upfront capital expenditure.
Marko Virkebau, CEO of Stargate Hydrogen, said: “There are currently several electrolyser gigafactories out there that are standing idle and burning through incredible amounts of capital. We have chosen a different strategy, scaling up modularly to meet the growing demand as it rises and when our next-generation innovations are launched to the market. Currently, our production is fully booked until the end of 2025, and we see increasing demand from our existing customers in Europe and new customers from the Middle East and Asia.”