thyssenkrupp nucera has warned green hydrogen sector growth is being stumped by regulatory uncertainty in its Q3 2024 results.
The German original equipment manufacturer (OEM) posted a Q3 net income of €5.8m ($6.3m), bringing its year-to-date net income to €1.4m ($1.5m).
Despite orders for its alkaline electrolyser technology growing to €220.1m ($240.6m) in Q3, primary driven by the €200m ($218.6m) order from H2 Green Steel, the company said growth was “significantly slowed” due to the “prevailing uncertainty” in the market for green hydrogen.
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