Summary:
- Stargate Hydrogen, a company based in Tallinn, Estonia, specializing in alkaline electrolysers for green hydrogen production, received an investment from Repsol.
- The investment amount was not disclosed, and the funds will be used to expand manufacturing capacity, support R&D initiatives, and strengthen commercial operations in Europe, the Middle East, and Asia.
- Stargate Hydrogen, led by CEO Marko Virkebau, focuses on advancing green hydrogen production through innovative ceramic-based electrolysis technology and serves customers across Europe, Turkey, the Middle East, and India.
—
Stargate Hydrogen, a leading provider of alkaline electrolysers for green hydrogen production based in Tallinn, Estonia, recently announced a significant investment from Repsol. While the exact amount of the investment remains undisclosed, the company plans to utilize the funds to accelerate the expansion of its manufacturing capacity, support ongoing research and development projects, and enhance its commercial operations in key regions such as Europe, the Middle East, and Asia.
Under the leadership of CEO Marko Virkebau, Stargate Hydrogen is committed to advancing sustainable energy solutions through its innovative ceramic-based electrolysis technology. The company aims to drive the production and utilization of green hydrogen, catering to a diverse range of clients including Fortum, Utilitas, ABB, and many others across various international markets.
Earlier this year, Stargate Hydrogen secured an 11 million EUR A-round funding and inaugurated a new state-of-the-art factory, signaling its dedication to continuous growth and innovation in the green hydrogen sector. With a strong focus on sustainability and technological advancement, Stargate Hydrogen is poised to play a significant role in shaping the future of green energy production on a global scale.
