Enapter launch business activities in US

Following cooperation agreement for US sales: Enapter and partner Solar Invest launch first business activities in the USA with Clean H2 Inc.⬇️

We’re happy to provide a first update on the cooperation agreement signed on December 28, 2023 with Solar Invest International SE (Solar Invest) for the important US market.

As part of this agreement, Solar Invest, as the exclusive partner and authorised distributor of Enapter products in the US, has established a subsidiary that will build the sales and service network within the US – Clean H2 Inc..

The company headquartered in Colorado, USA, has already received orders for 2 MW-sized AEM Nexus 1000 units and a large number of AEM EL 4 single-core electrolysers. In addition to the provision and implementation of Enapter products, the contracts also include first-level support for all activities in the USA. These first US orders are worth USD 5.4 million.

The #AEM Electrolysers from the current orders are used in the heavy-duty and air transportation sectors, among others.

The focus of sales activities is on the multi-core class devices, Enapter's AEM Electrolysers in the higher kW up to the megawatt range. Clean H2 has seen great interest in these devices in the USA.

Additional growth opportunities for CleanH2 - and thus also for Enapter - arise in connection with the US government's Inflation Reduction Act, which provides for a significant expansion of renewable energies and the promotion of hydrogen applications.

Enapter's electrolysers achieve significant competitive advantages thanks to their patented AEM technology, scalability and modular design, which enable the devices to be highly efficient and flexible in combination with local renewables.
n addition, unlike other electrolysis technologies, Enapter's AEM Electrolysers don’t require incredibly scarce and expensive Iridium.

The volume of other potential projects in CleanH2’s sales pipeline amounts to around EUR 8 million as at the beginning of May.