Restructuring also of the management of the subsidiary
MAN Energy Solutions will invest up to 500 million euros in its subsidiary H-Tec Systems to stimulate the development of PEM electrolysers used in hydrogen production.
“Our plan is clear,” said Uwe Lauber, CEO of MAN Energy Solutions. “We are transforming H-Tec Systems into one of the world’s leading players in the field of PEM electrolysis. Over the next five to ten years, green hydrogen will become one of the most important primary energy sources for the global economy as it continues to decarbonize. With PEM electrolysis, H-Tec Systems has mastered one of the most important processes for the production of hydrogen on an industrial scale from renewable energy sources. The technology is mature and has already been successfully brought to market. The next step, therefore, is to scale up and set up highly automated series production – and we would like to make rapid progress in this area. »
According to MAN, H-Tec Systems not only benefits from a global sales network and the experience that MAN Energy Solutions has in large projects, but also from direct access to the group’s expertise and experience. Volkswagen, especially when it comes to scaling up production. and supplier-based serial production activity.
MAN Energy Solutions Supervisory Board Chairman and Volkswagen AG Board Member Gunnar Kilian emphasizes that the Volkswagen Group supports these growth plans.
“On the road to climate neutrality, hydrogen plays a key role for sectors such as international shipping or industrial processes where direct electrification is not possible,” Kilian said. “It is therefore essential for our subsidiary MAN Energy Solutions to continue to strengthen its strategic position in the future market for power-to-X technology and synthetic fuels by investing in the production of hydrogen. Only by coordinating our efforts will we achieve our common goal of climate neutrality. MAN Energy Solutions plays an important role in this. »
H-Tec Systems is already on the market with solutions for hydrogen electrolysis and offers its customers integrated container solutions in the MW range. The specialist is restructuring its management team to implement the growth strategy, which has now been approved: Robin von Plettenberg, previously responsible for the Turbomachinery Service Business at MAN Energy Solutions, joins the team as Managing Director ( CEO) as well as Chief Sales Officer (CSO). Frank Zimmermann will assume the role of chief financial officer (CFO). Marius Zasche, previously Head of the Components Business at MAN, completes the Board of Directors team as Chief Technology & Operations Officer (CTO/COO).
“The market for hydrogen production from renewable energy sources is currently focused on distributed generation and local use,” von Plettenberg said. “Over the next few years, we will see bigger and bigger projects, such as integrating entire wind farms. We are increasingly expecting projects with a power greater than 100 MW and also foresee in the medium term structural changes in the market for large multi-gigawatt power plants, which are used in particular to export hydrogen and supply the industrial sectors of the whole world. ”
There are also plans to significantly increase the workforce of the company based in Augsburg and the municipality of Braak in Schleswig-Holstein in the future.
“Over the past few years, we have already significantly expanded our workforce and doubled the number of employees in 2021 alone,” Zimmermann said. “This growth will continue and we plan to hire several hundred highly qualified employees over the next few years, particularly in development and production.”