Horizon Fuel Cell is venturing into the electrolyzer market with a new Singapore-based subsidiary. This move highlights the company’s commitment to addressing the growing demand for green hydrogen production, a key element in the global transition towards a low-carbon future.
Leveraging its expertise in PEM technology and vertically integrated manufacturing, Horizon is well-positioned to meet the rapidly expanding electrolyzer market. The company’s 1MW and 5MW electrolyzer modules are designed to address the need for large-scale green hydrogen production in various sectors, including fertilizer production, transportation, and heavy industries like steel manufacturing.
Horizon’s entry into the electrolyzer market mirrors its successful transition into high-powered fuel cells for demanding applications. The company’s proprietary intellectual property and high-volume manufacturing capabilities give it a competitive edge in the electrolyzer market.
The new subsidiary will soon deploy a 1MW electrolyzer using a single stack, paving the way for 5MW systems expected to be deployed in 2024. This scalable approach allows for efficient expansion to meet growing demand.
Project developers worldwide have faced a shortage of high-quality, high-performance electrolyzer equipment. Horizon’s new subsidiary aims to address this gap with its experience and substantial manufacturing capacity, offering lead times of less than 12 months for projects up to 100MW.
This strategic move by Horizon Fuel Cell underscores the company’s commitment to advancing green hydrogen production technologies and contributing to a more sustainable energy future.