Rethink Energy predicts that Electrolyzer Supply will increase as fast as Green Energy producers require it.
The Swelling Pipeline of Electrolyzer Gigafactories
In 2020, the production capacity for electrolyzers was just 2 GW globally. Rethink Energy predicts that nearly 40 GW of electrolyzers are set to be installed in the next 5 years. “Over the past two years, western electrolyzer manufacturers have committed to building factories that can produce over 42 GW of electrolyzers per year by 2030. Locations have already been secured for nearly two-thirds of this.
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