Hydrogen catalysis technology leader Catator expands to Swedish Science Village
Catator, a world-leading technology development and integration partner for hydrogen and fuel cell technologies is entering a new growth phase.
In August, the company that has been at the forefront of hydrogen catalysis for more than 30 years, will relocate its headquarters and its laboratory environment “Catator Labs” to Science Village in Lund.
With a bold growth strategy, a fast-paced recruitment drive, and a move to Science Village, the Lund-based company is taking clear steps to solidify its position as a leading innovator in green energy technology.
Lund is arguably Scandinavia’s most dynamic region for green energy and science. Source: catator.com
Tarras Delin, CEO of Catator said: “Attracting the brightest minds globally is critical for Catator to continue evolving - technically and organisationally - and to remain a relevant development partner to global companies in green energy.
“Over the past year, we’ve more than doubled the size of our organisation by hiring highly educated professionals with strong academic backgrounds and extensive industry experience.
“I would argue that no other place in Scandinavia compares to the Øresund Region when it comes to attracting this level of talent.”
Over the next decade, solar energy capacity is projected to increase to the equivalent of eight times the current global fleet of nuclear reactors. By 2035, wind and solar will together account for around 30% of the world’s total electricity production.
This energy shift will drive a sharp increase in the need to convert and store electricity as chemical energy - through green hydrogen production.
At the same time, hydrogen production is undergoing a profound transformation: from today’s fossil-based (grey) hydrogen to an estimated 60% green hydrogen by 2035. The global market value is expected to reach between USD 250 and 300 billion.
By 2050, green hydrogen production is expected to quintuple and represent around 10% of global final energy use. This will enable the storage of massive amounts of energy, chemically stored as hydrogen or hydrogen-derived fuels, providing grid balancing services, serving as feedstock, or being used as fuel.
Managing this hydrogen transformation is at the core of Catator’s business model.
Tarras added: “Our technology is born from research and has been refined over the course of 30 years. That makes us more than ready to contribute to an efficient hydrogen transition for the global energy system.
“We’re also fortunate to be in what is arguably Scandinavia’s most dynamic region for green energy and science. With several universities, research facilities, science parks, and world-leading companies, this region is the ideal recruitment ground for a company like ours.”
For more information, visit www.catator.com.