Italian anion exchange membrane (AEM) electrolyzer manufacturer Enapter reported its Q4 2022 results. The company reported an annual turnover of EUR 14.7 million (USD 15.8 million) for 2022, an increase of 75% YoY from the previous year's EUR 8.4 million (USD 9.0 million).
The company claimed to have delivered 1,200 EL 4.0 generation electrolyzers globally during Q4 2022, with a total output of three megawatts. AEM EL 4.0 was initially launched in March 2022, with series production at Pisa.
Enapter plans to double its annual turnover to reach EUR 30 million (USD 32.2 million) in 2023.
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