The German electrolyzer manufacturer announces a significant financial milestone with EUR 215 million raised in a Series E equity financing round, further complemented by a term loan of up to EUR 100 million provided by the European Investment Bank (EIB). In addition, Sunfire has access to approx. EUR 200 million from previously approved, undrawn grant funding to support its growth. This makes Sunfire one of the best capitalized electrolyzer manufacturers in the industry.

Finland's first industrial-scale electrolysis plant has been installed in Harjavalta, one year after the groundbreaking ceremony. The project partners expect production of green hydrogen in the second half of the year. A purchase agreement has already been signed.

Today, the Managing Director of Linde Engineering Dresden, the CEO of Sunfire and the Director of the Fraunhofer Institute for Ceramic Technologies and Technologies and Systems IKTS presented the "HyDresden" initiative to the public. The aim of the initiative is to position the city as an innovator and pioneer for green hydrogen technologies and to jointly promote the location internationally. One of the goals of HyDresden is to attract specialists in this field. With the foundation, the initiators are now joining forces.