Pressrelease: fischer Power Solutions is sales partner for GRZ Technologies AG in Germany

Published on: Dec 16, 2022

Achern, 16. December 2022 -  With the further expansion of renewable energies, strong growth is predicted for the hydrogen market. To support the development of the market and meet the growth, the strategic partners fischer group from Achern and GRZ Technologies AG from Switzerland have agreed that fischer Power Solutions GmbH, as the main partner, will take over the distribution of GRZ products in the German market. The fischer group already supplies stainless steel tubes which are installed in GRZ thermal hydrogen storage tanks and compressors. The fischer group has been a shareholder in GRZ since the middle of the year. The sales cooperation will now be further expanded.

GRZ's product portfolio is based on several decades of research work in the field of hydrogen. The products are used wherever hydrogen is produced and further utilized with renewable electricity. In combination with Hyundai fuel cells and electrolysers from third-party suppliers, modern energy storage systems in the MWh range are created for the power grid of the future. In addition, the same technology is also used to realize thermal hydrogen compressors, for example for industrial filling stations. GRZ also develops and manufactures plants for the production of green methane, which is chemically similar to natural gas.

"The expansion of the cooperation is a logical next step following fischer's investment in GRZ," says Guido Eckenwalder, Sales Director for Battery Systems and Hydrogen Technology, at fischer. "We are pleased to be able to build up the key market together with GRZ. As a large medium-sized group of companies, we have the strength to develop the market with determination."