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Renewables US EU
Polly Martin
21 March 2023
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European electrolyser manufacturers in US gold rush

Hydrogenpro and Nel have announced major investments into US manufacturing capacity, although Europe offers firm orders and revamped support

European electrolyser manufacturers have announced major investments in US manufacturing capacity amid a surge in demand following the passing of the Inflation Reduction Act (IRA). But proposed EU support measures and firm orders within the bloc mean Europe remains a major electrolyser demand centre. The IRA, which was signed into law in August last year, has been described by many in the industry as a “gamechanger” as it offers hydrogen production tax credits of up to $3/kg, potentially positioning the US as one of the lowest-cost production locations in the world. Norwegian alkaline electrolyser manufacturer Hydrogenpro will invest $30–50mn into building a 500MW factory in Texas, bolsterin

Also in this section
Letter on hydrogen: Drill, baby, drill
6 August 2025
The US state of Kansas is emerging as a hotspot for a growing number of gold hydrogen prospectors
An end to EU green illusions
6 August 2025
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
BP exits $55b Australian green mega-project
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
Hydrogen leakage poses growing threat to green scale-up
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond

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