Sunfire, a German electrolyzer developer, has entered into an agreement with MPREIS, an Austrian supermarket chain, to supply green hydrogen for food production.
The hydrogen will be produced at Sunfire’s 3.2 MW green hydrogen production facility in Vols, Austria as part of the Demo4Grid project to support MPREIS’s fuel cell truck and bakery operations.
The facility requires an investment of EUR 13 million (USD 14.3 million) and half of the funding was raised from the EU's Clean Hydrogen Partnership and the Swiss Government.
<ul><li> Analyst QuickTake: During the same month , Sunfire raised EUR 86 million (USD 94.9 million) as the second tranche of its Series D funding round co-led by Copenhagen Infrastructure Partners (CIP) and Blue Earth Capital. The proceeds were also to be used to fund the company’s green hydrogen production plant.</ul>
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