thyssenkrupp nucera, a global leader in electrolysis technology, has signed an agreement to acquire key technology assets from Green Hydrogen Systems (GHS), a Danish company specialized in pressurized alkaline electrolysis. The transaction marks an important step in thyssenkrupp nucera’s strategy to accelerate innovation and further strengthen its position in the global green hydrogen market. The asset deal includes intellectual property as well as a test facility with a full-size prototype in Skive, Denmark. The purchase price will be settled entirely from available liquid funds; the specific amount has been kept confidential by mutual agreement.
Founded in 2007 in Kolding, Denmark, GHS has developed deep expertise in pressurized alkaline electrolysis. By producing hydrogen at higher pressures, the technology reduces or eliminates the need for external compression – making it ideally suited for applications such as pipeline injection, mobility infrastructure, and industrial synthesis processes requiring compressed hydrogen at the point of use. Field-proven through validation at the Skive facility, the technology will accelerate thyssenkrupp nucera’s ongoing R&D into next-generation alkaline water electrolysis (AWE) solutions and support the development of a versatile technology base for customers.
Subject to the approval of the court-appointed trustee following the issuance of a bankruptcy decree for Green Hydrogen Systems A/S, consent from certain creditors of Green Hydrogen Systems A/S, and the necessary regulatory clearances, the transaction is expected to close in late summer 2025.