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positive-q3-for-thyssenkrupp-nucera-but-regulatory-delays-cloud-hydrogen-outlook
positive-q3-for-thyssenkrupp-nucera-but-regulatory-delays-cloud-hydrogen-outlook

Positive Q3 for thyssenkrupp nucera but regulatory delays cloud hydrogen outlook

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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