Elcogen is awarded for €24.9 million grant from EU Innovation Fund to advance green hydrogen production in Europe
The €24.9 million grant will support Elcogen’s next phase in scaling up its manufacturing capacity of solid oxide electrolyser cell (“SOEC”) and solid oxide fuel cell (“SOFC”) cells and stacks in Estonia to support the energy transition and efficient production of green hydrogen.
Elcogen partners with AVL to develop cutting-edge megawatt scale solid oxide electrolyser stack modules
Elcogen partners with AVL to develop cutting-edge megawatt scale solid oxide electrolyser stack modules.
Cornerstone laid for Elcogen’s new factory
On June 18th, the cornerstone for Elcogen’s new factory was laid in the Loovälja Industrial Park near Tallinn. The 14,000 square meter factory will significantly increase the Company’s current production capacity of solid oxide cells and stacks to meet the growing global demand for emission-free energy and green hydrogen-producing fuel cells.
Elcogen announces collaboration agreement with the Dutch Organization for Applied Scientific Research (TNO) to develop advanced SOE technology
The primary objective of the partnership is to drive innovation within important projects of common European interest, with the collective aim to accelerate the energy transition.
Elcogen’s new production facility to expand manufacturing capacity to 360 MW
Construction of the new 14000 m2 facility in Loovälja Industrial Park started at the beginning of January 2024, with operations scheduled to commence mid-2025. Developed together with Maru Ehitus AS, the facility will expand the Company’s manufacturing capacity from 10 MW to 360 MW.
The Iru power plant will supply electricity to Elcogen, a leading manufacturer of hydrogen fuel cell technology
The capacity of the direct power line to be built is 10 megavolt amperes, comparable to the power consumption of some smaller communities in Estonia. Construction of the direct power line will begin soon and is expected to be completed by January 2025. The electricity direct sales agreement has been signed for ten years.
With a strategic investment from Baker Hughes, Elcogen closes its current funding round, raising overall €140m for scaling of its leading solid oxide technology for hydrogen
Combined with equity investment from Hydrogen One Capital Growth plc, HD Hyundai and Mirae, as well as project grants from the European Commission, including an IPCEI project, totalling more than €24m, and a proposed debt of €15m, Elcogen has now raised more than €140m for the continuous development and scaling of its market leading solid oxide technology, enabling affordable green hydrogen and accelerating the energy transition.
Great news: Elcogen is named on the 2024 Global Cleantech 100!
We are very pleased to announce that Elcogen, the European manufacturer of technology that enables delivery of efficient, affordable green hydrogen and emission-free electricity, has been named on Cleantech Group’s 2024 Global Cleantech 100.
Elcogen and Convion celebrate a key development milestone in green hydrogen production technology
Elcogen, in collaboration with its partner Convion, have concluded a test period of 2000 hours of the first-of-a-kind Convion Solid Oxide electrolyser equipped with Elcogen’s cell technology last week, validating superb performance and good operability.