thyssenkrupp nucera has reported a 95% drop in green hydrogen electrolyser orders in Q1 2025 while forecasting up to €550m ($573m) of sales in the segment this year.
Logging a total of €95m ($99m) in orders in the quarter (down from €176m ($183m) a year previous), just €5m ($5.2m) was attributed to its alkaline electrolysers, citing high market volatility and project delays.
It also said a tranche of €100m ($104m), related to its 700MW order for the Stegra green steel project, had been included in the order intake in the prior-year quarter.
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