Electrolyser manufacturers are expected to remain unprofitable and face bankruptcy risks through 2030, largely due to their product-only business model, a H2 View webinar has heard.
During Friday’s (March 7) electrolyser webinar, Deepak Bawa, CEO at US-based electrolyser and engineering company Splitwaters, told viewers that electrolyser suppliers could provide complete solutions to a client, rather than just the electrolyser product.
Bawa challenges the idea that the best electrolyser manufacturers will naturally rise to the top, instead suggesting that many are at risk of going out of business due to an unsustainable business model.
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