ADVENT Technologies is poised to capitalize on the growing opportunities in the Water Electrolysis WE market. Although the WE sector, along with its related fuel cell technologies, remains relatively small compared to other industries such as automotive, ADVENT sees immense potential for expansion. This growth outlook is reinforced by the increasing focus on sustainability and the potential EU ban on PFAS (per- and polyfluoroalkyl substances), which are used in many conventional electrolyzers. A key driver of ADVENT’s strategy in this space is its involvement in the NICKEFFECT project, a consortium focused on developing innovative, PGM-free (Platinum Group Metals) for water electrolysis technologies. ADVENT plans to leverage the outcomes of NICKEFFECT to establish a stronger presence in the WE market and take a leadership role in the industry. ADVENT will use its involvement in the NICKEFFECT consortium as a platform to promote its expertise and new product offerings. By collaborating with industry leaders...
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