HydrogenPro ASA

Regulatory Filings • Nov 12, 2024

HydrogenPro and J.H.K. enter into an exclusive partnership for green hydrogen projects in Germany, Austria and Benelux

HydrogenPro and J.H.K. enter into an exclusive partnership for green hydrogen projects in Germany, Austria and Benelux

Oslo, Bremerhaven November 12[th]. 2024 - HydrogenPro, a leading manufacturer in

electrolyzer technology, and J.H.K., an established industrial plant

construction and engineering company, are pleased to announce an exclusive

partnership focused on the implementation of green hydrogen projects in Germany,

Austria and the Benelux countries. As part of this collaboration, HydrogenPro

will supply its state-of-the-art high-pressured alkaline electrolyzer

technology, while J.H.K. will act as plant integrator and EPC (Engineering,

Procurement and Construction) contractor, managing project execution and

successful delivery to customers.

The partnership targets green hydrogen projects in the range of 5 to 50 MW. This

collaboration combines HydrogenPro's expertise in electrolysis technology with

J.H.K.'s experience of more than a century in Balance of Plant and EPC services,

creating a powerful combination aimed at accelerating the adoption of

sustainable energy solutions across Europe.

Jarle Dragvik, CEO of HydrogenPro, emphasizes: "HydrogenPro is primarily

addressing the large scale Hydrogen projects, but we recognizes that parts of

the market are entering the energy transition in initial smaller scale scopes.

J.H.K. brings the necessary know-how to use our advanced technology in smaller

green hydrogen projects in the European market. This partnership enables us to

offer a complete solution that integrates our state-of-the-art electrolyzers

with J.H.K.'s experience in the EPC sector, creating a win-win situation for

both companies and, more importantly, for our customers who are looking to

transition to green energy. HydrogenPro is cooperating with Andritz AG on larger

scale projects."

Julius Kramer, CEO of J. Heinr. Kramer Group, added: "This partnership is a

major step forward in advancing green hydrogen solutions on an industrial scale.

Based on the exceptional energy efficiency of HydrogenPro's high pressure

alkaline technology, we see good opportunities to meet the growing demand in the

field of decentralized, green hydrogen production for use in industry, mobility

and grid stabilization, thus enabling a more sustainable future."

Together, HydrogenPro and J.H.K. are committed to delivering impactful green

hydrogen solutions that support Europe's energy transition goals and accelerate

the transition to a carbon-neutral economy.

About HydrogenPro:

HydrogenPro is a technology company and an OEM for high pressure alkaline

electrolyzer and supplies large scale green hydrogen technology & systems. The

Company was founded in 2013 by individuals with background from the electrolysis

industry which was established in Telemark, Norway by Norsk Hydro in 1927. We

are an experienced engineering team of leading industry experts, drawing upon

unparalleled experience and expertise in the hydrogen and renewable energy

industry.

About the J. Heinr. Kramer Group:

Founded in 1901 in Bremerhaven, the J. Heinr. Kramer Group is an internationally

active family business now in its fourth generation. Under the leadership of

Julius Kramer it operates six companies