Because green hydrogen is urgently needed for decarbonization, a new market is developing at a rapid pace in Europe. At this stage, a consortium of investors is providing the Dresden-based company Sunfire with 109 million euros (125 million US dollars) for the industrialization of its electrolysis technologies.
In addition to the lead investors Lightrock and Planet First Partners, Carbon Direct Capital Management and HydrogenOne Capital as well as existing investors are also involved.
Sunfire recently announced its scaling plans. By 2023, Sunfire will build a production facility for alkaline electrolysers in Germany with a capacity of 500 MW per year. A further expansion to 1 GW per year is already being planned. At the same time, the company is pushing ahead with the development of its high-temperature electrolysers (SOEC). Due to its efficiency, this technology will set new standards for the production of green hydrogen. In addition, Sunfire's SOEC electrolysers can produce a synthesis gas in just one step, which can be converted into products such as kerosene, diesel or waxes - replacing fossil fuels such as crude oil, natural gas and coal.
