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15 July 2024Dynelectro, a pioneering company in sustainable energy solutions, announces the successful closing of an €11 million investment round.
This funding will enable the company to build its innovative 1-MW Dynamic Electrolyser Unit (DEU) technology, facilitating broader deployment into the green hydrogen market. Complemented by €9 million in grants from the European Innovation Council (EIC) and the Danish Energy Technology Development and Demonstration Program (EUDP), plus other regional programs, Dynelectro will utilise the funds for the development of DEUs from 150-kW prototypes to the commercial-scale fully modular 1-MW units.