Concentric AB high voltage fans to supply thermal management solution for hydrogen electric power generators
Concentric has been awarded a strategically important prototype order for its high voltage electric fans by a market leading major OEM, who is extending its operations into the development and manufacturing of mobile and stationary hydrogen electric power generation. This business nomination, valued in excess of 1 million SEK, serves as a testament to the Concentric’s market leading technology and the pivotal role it plays in the ongoing green transition. This new business nominations for the company, highlights the growth experienced by Concentric in the field of energy systems, a key focus area highlighted in the recent Capital Markets Day.
The strategic importance of this prototype order extends beyond its immediate financial value, signifying Concentric’s successful venture into a market with high potential for sustainable energy generation. By working closely with an industry-leading OEM, Concentric will not only strengthen its position within the energy systems market, but also contributing towards a broader shift to sustainable power sources. According to a recent report by Markets and Markets, Hydrogen power has emerged as a clean and sustainable alternative to traditional fossil fuel-based generators and the global hydrogen power generation market is expected to grow at a CAGR of 10.5% from 2022 to 2027.
“This award underlines our commitment to grow our existing, technologically leading products in energy systems. This new end market has similar application requirements as the markets we traditionally operate in and the integration of high voltage fans represents a significant advancement in the mobile hydrogen power sector. This innovation ensures optimal performance and improved operational efficiency, enabling the generator to meet demanding power requirements whilst ensuring optimal safety.” says Martin Kunz, President & CEO of Concentric AB.
For further information, please contact: Lynne McCarthy (Media Contact) at
Tel: +44 121 445 6545 or E-mail: lynne.mccarthy@concentricab.com
Concentric AB is an innovator in flow control and fluid power, supplying proprietary systems and components to the world’s construction equipment, truck, agricultural machinery and industrial applications end-markets. The company has a global manufacturing presence including in the USA, Germany, UK, Sweden, India and China. Concentric’s focus is to develop world class technology with innovative solutions that meet the sustainability needs of our customers. Concentric offers engine products including lubricant, coolant and fuel pumps and hydraulic products encompassing gear pumps and power packs. Concentric also offers a range of products developed for the fast-growing electric and hybrid powertrain market including, electric water and oil pumps, electric fans, thermal management systems and electro hydraulic steering. In 2022, the Group had a turnover of MSEK 4,056 and circa 1,207 employees.