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Hydrogen electrolysis: Entering a 14-billion-euro market

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Hydrogen electrolysis: Entering a 14-billion-euro market

In the interest of effective climate action, Bosch is entering the components business for hydrogen electrolysis. The company plans to invest nearly 500 million euros in this new area of business by the end of the decade, half of it by the time of market launch, which is planned for 2025. The supplier of technology and services expects the global market for electrolyzer components to amount to some 14 billion euros by 2030. Bosch is supplying the stack – the core of the hydrogen electrolysis system – which combines with power electronics, sensors, and a control unit to create a smart module.

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