French building materials manufacturer Compagnie de Saint-Gobain has made a strategic equity investment in Gen-Hy, a domestic hydrogen electrolyzer producer. The investment is part of a broader collaboration aimed at enhancing the efficiency and cost-effectiveness of green hydrogen production.
Gen-Hy specializes in hydrogen production solutions for various applications, including mobility, energy storage, and carbon-cleaning for high-capacity engines.
The company has developed proprietary anion exchange membranes (AEM) and its flagship Hy-Cube solution offers modular and scalable electrolysis units with a system yield of 85%, capable of producing up to 30 MW of highly pure hydrogen gas annually.
As part of the collaboration, Gen-Hy and Saint-Gobain High Performance Solutions have entered into a strategic partnership for research and development (R&D) and the industrialization of future AEM generations. The partnership will leverage Saint-Gobain's expertise in ceramics and polymer production for AEMs, aiming to explore new materials and production processes to achieve higher yields, lower production costs, and enhance electrolyser stacks.
This equity investment makes Saint-Gobain the second industrial group to join Gen-Hy's capital, following French construction and concessions company Eiffage SA. The specific details of the investment, including the amount and the size of the acquired shareholding, have not been disclosed. The partnership underscores the growing collaboration between traditional industrial sectors and emerging technologies in the pursuit of advancing sustainable hydrogen production.
