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thyssenkrupp-nucera-logs-record-e175m-hydrogen-electrolyser-sales-amid-headwinds
© thyssenkrupp nucera
thyssenkrupp-nucera-logs-record-e175m-hydrogen-electrolyser-sales-amid-headwinds
© thyssenkrupp nucera

thyssenkrupp nucera logs record €175m hydrogen electrolyser sales amid headwinds

German OEM thyssenkrupp nucera has logged its highest quarterly sales for its alkaline electrolysers, reaching €175m ($183m) in Q4 2023/24, with legacy agreements buoying the segment.

Up from €88m ($92m) in the same quarter of 2022/23, it brings its 2024 order intake for the green hydrogen production technology to €524m ($549m) – up 60% year-on-year.

The vast majority of the sales come from its 700MW order from Swedish green steelmaker Stegra. Having received full notice to proceed, thyssenkrupp nucera recorded over €300m ($314m) in project bookings throughout the year.

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