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Sunfire builds 100-megawatt-electrolyzer for RWE

By All Portfolio company news & media, Sunfire GmbH
Sunfire, a leading global electrolysis company, has been awarded a major contract for a 100 megawatt (MW) pressurized alkaline electrolyzer at RWE’s hydrogen site in Lingen. The expanded collaboration underscores Sunfire's position as a key partner for the implementation of large-scale projects, making a significant contribution to the decarbonization of the industry. The order comes a few days after RWE's final investment decision (FID) for the energy company's largest hydrogen project to date
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Made in Europe

By All Portfolio company news & media, Sunfire GmbH
20 electrolyzer manufacturers and suppliers, including Sunfire, Nel Hydrogen, Siemens Energy and Thyssenkrupp Nucera, have joined forces to support the development of a green hydrogen economy in Europe. Together, the manufacturers signed a letter to the President of the European Commission, Ursula Von der Leyen. The clear appeal: restore fair competition and introduce “Made in Europe" standards for the industry.
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Sunfire Founders awarded with the Social Market Economy Prize

By All Portfolio company news & media, Sunfire GmbH
Nils Aldag, founder and CEO of Sunfire, and Christian von Olshausen, founder and CTO of Sunfire, were awarded the Social Market Economy Prize (“Preis Soziale Marktwirtschaft”). The award by the Konrad Adenauer Foundation was presented for the 21st time and is aimed at individuals and institutions who have made outstanding contributions to the economic and social order.
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Symbolic Signing Event of EIB-Contract

By All Portfolio company news & media, Sunfire GmbH
The electrolyzer pioneer Sunfire has secured a term loan of up to EUR 100 million provided by the European Investment Bank (EIB). This strategic investment will propel the development and industrialization of its innovative SOEC electrolyzers. On June 7, Sunfire CEO Nils Aldag and EIB Vice-President Nicola Beer symbolically signed the agreement at Sunfire’s headquarter in Dresden.
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Sunfire secures more than EUR 500 million to accelerate its growth

By All Portfolio company news & media, Sunfire GmbH
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.
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