Power Machines starts center for hydrogen technologies

Russian power engineering company Power Machines said it has created a Center for Hydrogen Technologies to strengthen the company’s position in this area and master the technologies of storage, transportation, production and consumption of hydrogen.

The Center’s specialists will carry out research and development in this area, as well as coordinate the interaction between Power Machines and external research organizations, the company said.

In accordance with a long-term plan for the development of hydrogen technologies, the company expects to offer the market solutions in the field of electrolysis and hydrogen storage systems by 2024.

By 2028, the center’s developments should enable Power Machines to master the technologies for creating steam reforming units and pyrolysis units. The ultimate goal is to become a supplier of a full cycle of technical solutions for the production and consumption of hydrogen.

“Today we are on the verge of the hydrogen era, when the demand for such technologies will only grow,” said Alexander Ivanovsky, General Designer of Power Machines. “Power Machines sees this trend and our goal is to occupy certain niches in the production of equipment and the creation of technologies that are complementary to us. The creation of the Center for Hydrogen Technologies on the basis of the company will contribute to the solution of this problem.”