Bosch to invest in electrolyser production

Firm forecasts the global market for electrolyser components will expand to be worth €14bn by 2030

Technology firm Bosch is to launch a new business unit to develop components for electrolysers, investing €500mn ($527mn) in the venture by 2030. The global market for electrolyser components will expand to be worth €14bn by the same date, the company forecasts, with Europe set to see the highest growth rates. “We cannot afford to delay climate action any longer, so we aim to use Bosch technology to support the rapid expansion of hydrogen production in Europe,” says Stefan Hartung, chairman of the board of management of Bosch. Bosch is collaborating with partners to develop a way of combining a proton-exchange membrane (PEM) electrolyser stack with a control system, electronics and sensors t