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Home » News » Hydrogen » Green Hydrogen Systems Initiates Cost-Cutting and Restructuring Measures Amid Slower Market Adoption
Hydrogen

Green Hydrogen Systems Initiates Cost-Cutting and Restructuring Measures Amid Slower Market Adoption

By Patrick VaughnOctober 13, 20242 Mins Read
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Credit: Green Hydrogen Systems
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Danish electrolyser manufacturer Green Hydrogen Systems A/S has announced a combined cost-out and restructuring program affecting approximately 100 salaried employees, alongside plans for capital raising. The company cited a slower-than-expected market adoption of hydrogen and challenges in the development and commercialization of its X-Series electrolyser as key factors prompting these changes. The cost-out program aims

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