HydrogenPro ASA - First quarter 2023 results
9 May 2023 - HydrogenPro ASA (OSE: HYPRO) today published its Q1 2023 report and presentation. Highlights: · Revenues for the quarter is NOK 83 million, up 230% from fourth quarter 2022 · In 2023, HydrogenPro has made several major decisions to establish a leading global position, with a strong foothold on three continents: · Initiated process to increase manufacturing capacity in China from 300 to 500 MW · Announced plan to establish 500 MW of manufacturing capacity in Texas, US, with an estimated investment cost of USD 30-50 million · Entered into a strategic