New Board Members at Green Hydrogen Systems

By January 4, 2021 4   min read  (648 words)

January 4, 2021 |

fuelcellsworks, New Board Members at Green Hydrogen Systems
  • Thomas Thune Andersen and Christian Clausen join the board of directors of Green Hydrogen Systems

Kolding, Denmark–Green Hydrogen Systems, a leading provider of standardized and modular electrolyzers for production of green hydrogen using renewable energy, today announced the strengthening of its board of directors with the election of Thomas Thune Andersen and Christian Clausen as non-executive directors at an extraordinary general meeting.

Thomas Thune Andersen has extensive global managerial experience from the energy and shipping industry including leading positions in A.P. Møller-Mærsk and board positions in listed and privately held companies. Thomas Thune Andersen is currently Chairman of Ørsted, Lloyds Register Group and VKR Holding among other positions.

Thomas Thune Andersen said: “We are in the middle of a green energy transition with societies and industries around the world looking for sustainable energy solutions. I believe in the huge potential of green hydrogen, and Green Hydrogen Systems is one of the most exciting technology providers in this growing industry. I look very much forward to joining the board and to support Green Hydrogen Systems in developing the company further based on its already commercially proven technology.”

Christian Clausen, former CEO of pan-Nordic banking group Nordea, has extensive international managerial experience from the financial industry. Christian Clausen is currently member of the board of directors of Sampo Group, BlackRock Group Limited and BW Group.

Christian Clausen said: “There is a very high momentum in the market for green hydrogen supported by industrial demand and political decisions to sharply increase installed hydrogen capacity in the coming years. Green Hydrogen Systems has a very exciting journey ahead of it, and I’m delighted to get the opportunity to contribute to and support the significant expansion and up- scaling of the company.”

Thyge Boserup, Chairman of Green Hydrogen Systems, said: “I am very pleased that we have been able to attract two very experienced professionals to the board of directors. I see that as a vote of confidence in the technology and the market potential of Green Hydrogen Systems. On the back of the recent investment from A.P. Møller Holding and the planned further up-scaling of the company to unfold the full potential and to meet the fast-growing demand for green hydrogen, Thomas and Christian bring invaluable competences and experience to the board in order to take Green Hydrogen Systems to the next level.”

Earlier in December 2020, Green Hydrogen Systems announced further investments of approx. EUR 28 million, of which EUR 20 million came from A.P. Møller Holding, to enable Green Hydrogen Systems to meet the accelerating demand for electrolyzer capacity. As part of the agreement to invest, A. P. Møller Holding appointed Simon Ibsen to the board of directors of Green Hydrogen Systems.

More on Green Hydrogen Systems:

Following the extraordinary general meeting on 30 December 2020, the Board of Directors of Green Hydrogen Systems consists of in total seven members:

– Thyge Boserup, Chairman
– Troels Øberg, Vice Chairman
– Jakob Fuhr Hansen
– Lars Bertelsen
– Simon Ibsen
– Thomas Thune Andersen
– Christian Clausen

About Green Hydrogen Systems
Founded in 2007, Green Hydrogen Systems provides efficient, standardized and modular electrolyzers that produce green hydrogen using renewable energy. The company’s technology is already in use in Northern Europe, with the rapidly emerging OEM segment as a particular focus for future growth. Backed by growing revenue and a major investment from Nordic Alpha Partners, the company is aggressively scaling its operations. Green Hydrogen Systems is owned by a group of investors including Nordic Alpha Partners and Norlys Holding. As part of up-scaling its business, Green Hydrogen Systems is currently relocating to ~4,000 sqm new production facilities at Nordager, Kolding.

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