(Reußenköge) – MAN Energy Solutions SE has taken over all outstanding shares in H-Tec Systems GmbH from GP Joule GmbH. MAN Energy previously held a 40 percent stake. According to the information, the antitrust authorities have approved the transaction and the transition from H-Tec Systems to the new parent company has been completed. JP Joule had already announced in January 2021 that it would divest its stake in the Augsburg manufacturer of PEM electrolysis technology “as part of the further focus on local and regional projects for the production and distribution of sustainable hydrogen”.
“Our great strength and our most important future market is and remains the hydrogen project business,” says Ove Petersen, CEO of the GP Joule Group. You “don’t see yourself as a device manufacturer”. GP Joule will continue to use H-Tec System technologies.
A few weeks ago, the eFarm joint project initiated by GP Joule handed over two hydrogen-powered buses to Autokraft GmbH, a subsidiary of DB Regio Bus Nord. They are used in local public transport in North Frisia (we reported). Two hydrogen filling stations in Niebüll and Husum supply the two vehicles. As part of eFarm, green electricity is produced from solar and wind turbines at five locations in the north of Schleswig-Holstein and converted into green hydrogen in electrolysers from H-Tec Systems.
H-Tec Systems was founded in 1997. Stacks and electrolyzers in the megawatt class are being built at locations in Bavaria and Schleswig-Holstein, based on the proton exchange membrane process (PEM).
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H-Tec electrolyser / © GP Joule
