Trading Statement Q3 2022

01 11 2022


Green Hydrogen Systems publishes Trading Statement Q3 2022.

Today, Green Hydrogen Systems released its Trading Statement Q3 2022.

Sebastian Koks Andreassen, CEO of Green Hydrogen Systems comments: “We are pleased to report that we receive positive production test data from our delivered and onsite installed electrolyser units, and we will continue to push additional electrolyser units to the customer sites for final installation stages in the coming months.

While we have started delivery of the first A-Series units, our production facility expansion in Kolding, Denmark, progresses on budget and ahead of plans and we expect to start commissioning from next month which will enable us to initiate scalable serial production of the A-Series and later the X-Series."

The recent significant political plans in EU and the US could spur a worldwide push for electrolyser demand and add to the current imbalance seen between electrolyser production capacity and the project developers' increased appetitive for electrolysers. A demand our chosen pressurised alkaline electrolyser platform is well positioned to benefit from.

Read the whole report here.

In connection with the announcement of the trading statement, we will host a conference call. The conference call will take place today 1st November at 9:30 CET.

Link to the conference.