Res Integra and Ohmium Will Deploy Four-Megawatt Green Hydrogen Project in Sicily
Res Integra is installing an electrolyzer system with an annual capacity of up to 700 tonnes of hydrogen using Ohmium International PEM electrolyzer technology at a facility in an industrial area of Siracusa (Sicily region, Italy), one of the largest petrochemical sites in Europe. The Ohmium green hydrogen PEM solution is targeted for shipment to commence in 2025; the project will be powered by solar PV, producing green hydrogen to support efforts to decarbonize regional industrial operations and mobility.
“I’m glad that Res Integra, part of Irem Group, in collaboration with Ohmium International, for the PEM Electrolyzer supply, is realizing this Hydrogen Project. This leads us towards the construction of green energy plants in line with the objectives of the European economic community,” said Giovanni Musso, CEO of Irem.
“We sought advanced electrolyzer technology that was efficient, cost-effective, and quick to deliver,” said Dario Niciforo, Managing Director of Res Integra. “We explored multiple options, but Ohmium’s hyper-modular, easily scalable solutions and expedient delivery timeline made the choice clear for us.”
Ohmium will provide its cutting-edge PEM electrolyzers, which deliver both high efficiency and high energy density. The modular units feature integrated advanced power electronics enabling rapid dynamic ramping, essential for pairing with intermittent renewable energy. Res Integra, the project developer, will lead the implementation of the green hydrogen system, ensuring seamless integration for their offtakers.
“Building on Ohmium’s success delivering similar projects in Central and Southern Europe, we knew we could meet Res Integra’s technical requirements, even on an accelerated timeline,” said Arne Ballantine, CEO of Ohmium. “Our hyper modular, scalable PEM electrolyzer technology enables rapid deployment, and we are proud to collaborate with Res Integra on this and future projects.”
The project aligns with efforts to reduce CO2 emissions in hard-to-abate industries and mobility. Green hydrogen, produced through renewable electricity, is crucial for the energy transition, enabling emission-free production, storage, and use of energy. By integrating this technology, Res Integra and Ohmium highlight the growing viability of green hydrogen in industrial decarbonization.
About Ohmium
Ohmium designs, manufactures, and deploys modular, scalable Proton Exchange Membrane (PEM) electrolyzers that enable cost-competitive green hydrogen production. The company’s suite of electrochemical products helps customers achieve their sustainable energy goals across various industrial, transportation, and energy projects. Headquartered in the United States with manufacturing facilities in India and operations worldwide, Ohmium has a global green hydrogen project pipeline exceeding 2 GW across three continents. In 2023, Ohmium raised $250 Million in Series C financing, led by TPG Rise Climate.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250318933027/en/
Contacts
Media Contact:
Maria Quan
maria.quan@ohmium.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Laserfiche Announces 2025 Run Smarter® Award Winners18.3.2025 16:00:00 EET | Press release
Laserfiche — a leading enterprise platform that helps organizations manage their most critical content and workflows — today announced the winners of the 2025 Laserfiche Run Smarter® Awards. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318932755/en/ The awards honor individuals and organizations that yield exceptional business results using Laserfiche. From a state department that revolutionized how it protects the environment to an insurance agency that leapt into action after a hurricane: The winners enhance productivity, foster innovative processes and improve lives with Laserfiche technology. “These honorees are champions of the employee and customer experience,” said Karl Chan, CEO of Laserfiche. “They are leading their industries in transforming how they work using Laserfiche. We are delighted to celebrate their remarkable achievements.” Congratulations to the 2025 Run Smarter Award winners: Angela Goerner, direct
Andersen Global Broadens Reach in Bangladesh with Edge Research18.3.2025 15:30:00 EET | Press release
Andersen Global further expands into Bangladesh through a Collaboration Agreement with valuation and research firm Edge Research, further solidifying its presence in South Asia. Founded in 2017 and based in Dhaka, Edge Research focuses on corporate valuation, due diligence, transaction advisory, and financial analysis for both the public and private sectors. The firm’s expertise spans multiple asset classes and domains, supported by a deep understanding of the Bangladesh market. With a team experienced in working with multinational companies, global banks, and foreign fund managers, Edge Research is uniquely positioned to deliver insights that cater to international and local client needs. “Our team’s deep understanding of the local business market, coupled with a strong emphasis on identifying critical drivers of value, allows us to maintain a competitive edge,” said Managing Partner Asif Khan. “Collaborating with Andersen Global strengthens our ability to deliver independent, globall
DDC Announces Strategy to Create Bitcoin Reserves and Appoints Crypto Asset Expert Alex Yang as Strategic Advisor18.3.2025 15:14:00 EET | Press release
DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced a transformative initiative to adopt Bitcoin as part of its treasury reserves, alongside an announcement that brings seasoned Web3 and Crypto Assets Management Expert Alex Yang to DDC as Strategic Advisor. An investor group will inject up to 100 BTC in exchange for DDC Class A Ordinary shares at a range of $0.50 to $1.25 per share, representing a 100% to 400% premium to recent trading levels. Strategic Alignment with Institutional Confidence “This partnership is a testament to the shared conviction in DDC’s future and the value of Bitcoin and potentially other crypto currencies as a strategic asset,” said Ms. Norma Chu, Chairwoman and CEO of DDC Enterprise. “This strategic decision to launch a bitcoin reserve not only diversifies our balance sheet but also secures a premium-priced equity agreement that reflects our partner’s belief in our long-
Qualcomm Increases Quarterly Cash Dividend18.3.2025 15:00:00 EET | Press release
Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.85 to $0.89 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 27, 2025, and will raise the annualized dividend payout to $3.56 per share of common stock. Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “We are pleased to announce an increase in our quarterly dividend. Given our long-term growth expectations we provided at our 2024 Investor Day, we remain committed to returning capital to stockholders through a balanced capital return policy, including a baseline of anti-dilutive stock repurchases, and an annualized dividend target of low- to mid-single-digit percentage growth.” About Qualcomm Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years
Corpay Cross-Border Grows in Europe with Launch of Luxembourg Office18.3.2025 14:30:00 EET | Press release
Corpay, Inc.*, (NYSE: CPAY), a global leader in corporate payments, is proud to announce its entry into Luxembourg with the establishment of a new office for its Cross-Border business. As part of Corpay’s ongoing expansion in Europe, this significant move aligns with the company’s strategy to enhance its presence in key financial markets worldwide and supports its growth ambitions in the institutional investor and private funds space. “The new Luxembourg office underscores our commitment to supporting the sophisticated needs of this global client base and enables us to provide a localized solution set for our institutional clients that establish their international investment structures in Luxembourg,” says Andrew Shortreid, SVP, Global Institutional Sales, Corpay Cross-Border Solutions. “Luxembourg’s status as a major financial hub in the EMEA region, with nearly 50% of its workforce engaged in financial services or related activities, makes it an ideal location for us. This new branc
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom