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Thyssenkrupp Nucera is yet to receive or execute any orders

Anticipated revenue for the duration of 2024-25, according to Thyssenkrupp Nucera, lies between 850 and 950 million euros, reflecting a more grounded perspective on their water electrolysis endeavors.

Thyssenkrupp Nucera is yet to receive or execute any orders

Current Financial Landscape

Thyssenkrupp Nucera's water electrolysis division has been awash with substantial contracts, including a recent deal worth €100 million for the supply of 37 20MW alkaline electrolyzer modules, as inferred from a project in Boden, Sweden[3]. Moreover, the company is currently executing projects with a combined capacity of 3 GW globally, demonstrating a robust demand for its large-scale electrolysis technology[2].

Market Positioning

Acknowledged as a leading manufacturer in the global hydrogen electrolyzer market, Thyssenkrupp Nucera capitalizes on its industrial-scale expertise in alkaline water electrolysis and, more recently, solid oxide electrolyte cell (SOEC) technology thanks to strategic partnerships[1][2].

Future Market Prospects

Fueled by the global push toward decarbonization and the European Union's aim to manufacture and import 10 million tons of green hydrogen annually by 2030[2], the market outlook remains promising. Thyssenkrupp Nucera's technical prowess, combined with its chlor-alkali electrolysis heritage, serves as a cornerstone for scaled-up water electrolysis, making it a key actor in large-scale green hydrogen production[1].

Further bolstering its market presence, strategic collaborations, such as the recent partnership with Fraunhofer IKTS for SOEC technology, enhance its product portfolio and expand its reach[2]. The Germany electrolyzer market, in which Thyssenkrupp Nucera dominates, is predicted to escalate from USD 17.5 million in 2023 to USD 189.3 million by 2033, reflecting a compound annual growth rate (CAGR) of 26.89%[5].

Key Metrics

| Metric | Details/Value ||--------------------|-------------------|| Recent Order Value | €100 million || Global Project Pipeline | 3 GW under execution || Technology Focus | Alkaline, SOEC (new) || Market Position | Top-tier global manufacturer || Market Growth Outlook | 26.89% CAGR (Germany, 2033) |

Inferences

Thyssenkrupp Nucera's water electrolysis business maintains a solid financial position, backed by significant contracts and an expanding project pipeline. The positive outlook aligns with booming market dynamics driven by the global shift toward decarbonization, technological advancements, and strategic collaborations[2][3][5].

  1. Thyssenkrupp Nucera's water electrolysis division secured a substantial contract worth €100 million in October for the supply of 37 20MW alkaline electrolyzer modules, indicative of a healthy income stream.
  2. The company's water electrolysis division, a leading manufacturer in the global hydrogen electrolyzer market, is executing projects with a combined capacity of 3 GW globally, showcasing a robust demand for its large-scale electrolysis technology.
  3. Fueled by the global push toward decarbonization, Thyssenkrupp Nucera's technical prowess in alkaline and SOEC (solid oxide electrolyte cell) technology, combined with its chlor-alkali electrolysis heritage, positions it as a key actor in large-scale green hydrogen production.
  4. The partnership with Fraunhofer IKTS for SOEC technology is expected to further enhance Thyssenkrupp Nucera’s product portfolio and expand its reach, boosting its market presence. The Germany electrolyzer market, where Thyssenkrupp Nucera dominates, is predicted to escalate with a compound annual growth rate (CAGR) of 26.89% from 2023 to 2033.
Thyssenkrupp Nucera projects revenue between 8.5 – 9.5 billion euros for the years 2024/25, envisioning a robust future in water electrolysis technology.

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