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December 18, 2024
Deutz AG has unveiled hydrogen generators in Beijing, partnered with Zhongguancun, and aims to grow its energy sector to €500 million by 2030 with the Blue Star Power Systems acquisition.
Date: September 12, 2024
Cologne, Germany- Deutz AG., has launched its first hydrogen combustion engine power generators in Beijing and signed a joint venture with the Zhongguancun Summit Enviro-Protection State Innovation Zone to expand hydrogen-powered generators. The ceremony featured DEUTZ CEO Dr. Sebastian C. Schulte, Cologne's Lord Mayor Henriette Reker, and Beijing Vice Mayor Jin Wei.
Dr. Sebastian C. Schulte, Deutz CEO, said “The commissioning of the first of around 100 hydrogen-powered generators that we will supply to China demonstrates the potential of combining hydrogen and combustion engines. In Germany, we would do well not to give up on this technology, but to continue developing it in a climate-friendly way and to use it wherever it has significant advantages over electric drives and fuel cells.”
DEUTZ is among the first engine manufacturers to begin series production of hydrogen combustion engines, starting with 100 hydrogen-powered generators for Beijing’s ZGC, China’s “Silicon Valley” for science and technology.
The 100 H2 gensets will be deployed near Chinese coking plants, where they will use hydrogen from waste gases to generate electricity on-site, reducing emissions even without green hydrogen. Each genset can save up to 800 tons of CO2 annually by utilizing grey hydrogen. The hydrogen engines, based on conventional combustion technology, emit only water (H2O) and can later operate climate-neutrally with green hydrogen. Additionally, the generators offer flexible scaling.
DEUTZ is expanding its focus on decentralized energy supply with its recent acquisition of US-based Blue Star Power Systems. This move is expected to generate over USD 100 million to USD 150 million in annual revenue in the medium term. DEUTZ anticipates its energy sector revenue will grow to approximately €500 million by 2030 through both organic and inorganic growth.
