Trading Statement Q3

02 11 2021


Green Hydrogen Systems publishes Trading Statement for Q3

We have the pleasure to share our Q3 Trading Statement which shows that our order backlog has increased to 10 MW – an increase of 400% compared to last year. The industry has experienced delays from OEMs like us on finalisation and installation ahead of full-scale serial production.

However, we are executing on our plan and we are on track to start delivering on the delayed orders this year. We also started on expansion of our production facilities, which will increase Green Hydrogen Systems’ current yearly capacity from 75 MW to 400 MW worth of electrolysers. The commissioning of the production facilities will commence from Q3 2022 and by mid-2023 the facilities will be complete. Read the whole report here

In connection with the announcement of the interim financial report, we will host a conference call. The conference call will take place today 2 November at 10:00 CET. Link to the conference