Battolyser Systems, the manufacturer of the world’s only electrolyser with battery functionality that enables the lowest cost green hydrogen, has raised €30 million in Series A funding from Global Cleantech Capital, Innovation Industries, and Invest-NL.

The company will use the funding to scale its operations and bring to market its next-generation electrolyser in 2025. The Battolyser® technology can switch on and off following intermittent renewable energy. With its 100% flexibility, it unlocks new business models, reducing the cost of green hydrogen and alleviating grid congestion. The next-generation Battolyser is offered as a 2.5MW plug-and-play skid and 5MW modules that are integrated with a Balance of Plant on site.