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MAN joins H-Tec Systems

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July 2, 2019

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MAN joins H-Tec Systems

T. Bareiß, Parliamentary State Secretary at the BMWi (l.), in front of the GP Joule Electrolyzer at the Hannover Messe with F. Zimmermann
T. Bareiß, Parliamentary State Secretary at the BMWi (l.), in front of the GP Joule Electrolyzer at the Hannover Messe with F. Zimmermann

MAN is a vehicle and mechanical engineering group and is commonly associated with combustion engines and commercial vehicles. This is now likely to change, as the subsidiary of Volkswagen AG has held 40 percent of the shares in H-Tec Systems GmbH, an electrolyser manufacturer, since the end of March 2019.

However, Heinrich Gärtner, Frank Zimmermann and Dr. Joachim Herrmann will remain on the management board, while Ove Petersen, co-founder and CEO of the parent company GP Joule, will move from the management board of H-Tec Systems to the chairmanship of the advisory board, which will consist of representatives of GP Joule and MAN Energy Solutions.

Gärtner explained: “The experience of our new partner in mechanical engineering as well as the worldwide presence in sales give us the opportunity to react even faster to the upcoming expansion of the market for electrolysers. Our technology, which is consistently designed for series production, will set standards even faster.” Dr. Uwe Lauber, CEO of MAN Energy Solutions, said: “For us, the partnership with H-Tec Systems is a strategic step and the entry into the hydrogen economy. The importance of climate-neutral generated hydrogen as a fuel will continue to grow. […] Hydrogen forms the basis for the production of e-Fuels via the Power-to-X process.”

“Power-to-X can be used to generate a large number of synthetic gases that are completely climate-neutral and whose use as fuel can drastically reduce the CO2 emissions from global logistics and energy generation”

Dr. Uwe Lauber on the occasion of the change of name from MAN Diesel & Turbo to MAN Energy Solutions in June 2018

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