- Press Releases
January 6 (Renewables Now) - The German government will provide EUR 60 million (USD 67.9m) to Sunfire GmbH and its partners to support the development of the company's solid oxide electrolyser cell (SOEC) technology and the production of pressurised alkaline electrolysers at an industrial scale.
The grant is provided by the Federal Ministry of Education and Research as part of the H2Giga project, Sunfire said on Thursday.
As much as EUR 33 million of the financing will be distributed to a group of 15 partners led by Sunfire to establish manufacturing processes and further develop the SOEC technology to become more powerful and durable. The optimisation of the technology is expected to make green hydrogen production more efficient and cost-effective, thus enabling its use at an industrial scale.
The remaining EUR 27 million of the grant will be used by Sunfire and its eight partners for the industrialisation of pressurised alkaline electrolysers to the gigawatt scale. Sunfire plans to establish manufacturing processes and develop a new pressurised alkaline electrolyser that will feature improvements in terms of energy consumption and longevity.
In October, the Dresden-based company unveiled a plan to build a 500-MW alkaline electrolyser production site in Germany by 2023 in a push to raise its existing annual production capacity of 40 MW more than tenfold. The final investment decision for the project will be made after the location of the site is selected and the needed financing is available.
(EUR 1 = USD 1.132)