Ingeteam has a portfolio of over 400 MW of awarded projects to be delivered in 2024. The projects are distributed all over the world, in destinations such as Australia, Canada, the U.S., Germany, Spain and other European countries.

Ingeteam has rectifiers feeding different PEM and alkaline electrolyzers in plants in Spain, Belgium and the U.S., generating renewable H₂ for different applications. Two more projects will be supplied in Spain and the U.S. in the first half of 2024.

A new milestone will be achieved this year, with the supply of a 160-MW electrolysis project, the largest that Ingeteam has embarked upon in the sector to date.

Renewable H₂ has seen growth prospects, due to a very mature and stable H₂ consumption market for different applications (refineries, fertilizer production, etc.), which have no decarbonization alternatives other than using renewable H₂. In response to the growing demand, Ingeteam launched a new rectifier in October 2023, the INGECON H₂ E-lyzer, aimed at large-scale green H₂ production plants. The rectifier is based on IGBT technology and has the highest current density on the market. Its serial production takes place at the company's specialized power electronics factory in Northern Spain, enabling Ingeteam to achieve economies of scale and reduce the final costs of H₂ projects.

Continuing with its ambitious product roadmap for the sector, Ingeteam is already working on the next generation of rectifiers, with improved performance and a design that has evolved in parallel with market needs (higher power density, high-quality current supply, power factor controllability, etc.).

To meet such demands, Ingeteam possesses the necessary knowledge, resources and human team, in addition to cutting-edge laboratories and state-of-the-art simulation tools to guarantee a power supply system that can meet the grid requirements of any country in the world, with the best energy performance. The power and control electronics required to power and manage electrolyzers are becoming increasingly important in H₂ production plants. Causing other players in the industry, in addition to electrolyzer manufacturers, to attach increasing importance to how power is supplied in their projects.