The facility, dedicated to the production of innovative alkaline electrolysis stacks and systems, positions Stargate Hydrogen as a major industrial player on the green hydrogen landscape.
In the first phase, the new factory can deliver 140 MW of alkaline electrolyzers annually, which can be expanded to 1GW+ with minor additional investments. With robust support from European investors and IPCEI status (Important Projects of Common European Interest), Stargate Hydrogen is now well positioned to bring down the cost of green hydrogen and help decarbonize critical sectors including steel, fertilizers, and chemicals.
Deliveries from the new factory have already started to the existing customers of the company in the European, Middle Eastern, Turkish and Indian markets.
“Stargate Hydrogen’s IPCEI project stands as an outstanding example of how professionally managed public support can catalyse meaningful industrial innovation. Facilities like this and the material innovation undertaken by Stargate are exactly what we need to build the hydrogen economy in Europe, and stay competitive, sustainable, and sovereign in the clean energy transition," said Jorgo Chatzimarkakis, CEO of Hydrogen Europe.
According to the CEO of Stargate Hydrogen, Marko Virkebau, the company is not opening an empty factory — instead, they have adopted a smart, future-oriented approach of gradually scaling up production with modularity at its core. Stargate Hydrogen has chosen a brownfield site with a flexible floor plan to ensure the best use of space and avoid large upfront investments.
Virkebau added, “There are currently several electrolyzer gigafactories out there that are standing idle and burning through incredible amounts of capital. We have chosen a different strategy, scaling up modularly to meet the growing demand as it rises and when our next-generation innovations are launched to the market. “
In times when many companies are scaling down, or even ending their operations, Stargate Hydrogen goes against the tide and is expanding its operations via a gradual and financially sustainable scale-up strategy.
