Axpo to build green hydrogen business

Swiss utility is creating new departments for hydrogen and batteries to complement its solar and wind activity

Axpo, Switzerland's largest producer of renewable energy, is to establish departments for hydrogen and batteries and build teams over the next few months, it announced today. Energy storage will be a “crucial technology” for security of supply during the energy transition, according to the company, which is also an international leader in energy trading and the marketing of solar and wind power and has a presence in 40 markets. It is building the necessary know-how for green hydrogen and intends to cooperate on projects with partners. It highlights industry and transport as the key use cases for hydrogen. Axpo has been a large-scale solar plant and wind farm developer for several years and t