Thyssenkrupp Nucera Secures Major Contract for Green Hydrogen Project
On June 3, 2025, Thyssenkrupp Nucera AG & Co. KGaA, a leading green hydrogen electrolysis technology company based in Dortmund, Germany, announced a significant new contract that has reinvigorated interest in the company’s potential. The company has been awarded a Front-End Engineering and Design (FEED) study for a large-scale 600 MW green hydrogen project in Europe. This project is aimed at producing green hydrogen for heavy industry, marking a substantial step forward in the company’s efforts to expand its footprint in the green energy sector.
The announcement was made on June 3, 2025, and was reported by multiple financial news sources, including Der Aktionär, Finanzen.net, and EQS News. The news has been well-received by the market, with Thyssenkrupp Nucera’s stock experiencing a notable increase in after-hours trading following the announcement.
Project Details and Market Reaction
The FEED study is a critical phase in the development of the 600 MW electrolysis plant, which will be designed to produce green hydrogen. This project underscores Thyssenkrupp Nucera’s expertise in engineering, procurement, and construction of electrochemical plants, as well as its commitment to providing sustainable energy solutions.
The market’s positive reaction to the news is evident in the stock’s performance. Following the announcement, Thyssenkrupp Nucera’s shares saw a significant uptick, jumping by three percentage points in after-hours trading. This surge reflects investor confidence in the company’s strategic direction and its role in the burgeoning green hydrogen market.
Company Overview
Thyssenkrupp Nucera operates within the Industrials sector and is listed on the Xetra exchange. As of June 1, 2025, the company’s share price stood at 9.09 EUR, with a market capitalization of 1.1 billion EUR. The company’s price-to-earnings ratio is 51.36, indicating a high level of investor expectations for future growth.
Thyssenkrupp Nucera specializes in the engineering, procurement, and construction of electrochemical plants, providing solutions for green hydrogen, chlor-alkali, and hydrochloric acid production. The company serves a global clientele, leveraging its expertise to drive innovation in sustainable energy technologies.
Conclusion
The awarding of the FEED study for the 600 MW green hydrogen project represents a significant milestone for Thyssenkrupp Nucera. It not only highlights the company’s leadership in the green hydrogen sector but also positions it as a key player in the transition to sustainable energy solutions. As the project progresses, Thyssenkrupp Nucera is expected to continue its trajectory of growth and innovation, contributing to the global shift towards cleaner energy sources.