When it comes to green hydrogen, Bosch steps on gas – this is the beginning of Stefan Hartung, Chairman of the Board of Robert Bosch GmbH, with the presentation of the annual report. He added that in order to protect the climate more effectively, the company will not only introduce the use of new fuel into its systems, but has also decided to become one of the manufacturing companies in this industry.
Bosch is now starting to develop parts for electrolysers because, as Stefan Hartung explained, “we can’t afford to delay climate action any longer, so we want to use Bosch technology to support the rapid expansion of hydrogen production in Europe.”
The company doesn’t have to start with a blank slate in this area, as it can leverage its experience and know-how in fuel cell technology, but Bosch seems to want much more than that. This is indicated by the fact that it has included the development of components for water decomposition equipment in the responsibilities of the Mobility Solutions division and is investing EUR 500 million in the company by 2030. The European Union predicts that demand for green hydrogen will reach ten million tonnes a year, relying heavily on electrolysers. Bosch estimates the latter market at € 14 billion by the end of the decade.
Climate protection cannot wait. Bosch will support the rapid development of hydrogen production in Europe
added Robert Bosch GmbH, CEO.
However, Bosch’s investment of half a billion euros is only part of the overall corporate vision; over the next three years, the company, headquartered in Stuttgart, will invest around € 3 billion in climate-neutral technologies. The company, together with partners, wants to develop and prepare for production by 2025 an electrolysis equipment with control units, power electronics and sensors.
According to the German PV Magazine, the first pilot plant is scheduled to be completed and commissioned next year. In addition to the components that can be manufactured for the electrolyser, the group is also involved in the development and construction of fuel cells, and is interested in both mobile and fixed systems.
The group expects good economies of scale in the mass production of electrolysis components. It is planned that it will be produced in several different locations in Europe, Bamberg and Feuerbach in Germany, Tilburg in the Netherlands, Linz in Austria, and Budweis in the Czech Republic.