Exclusive: Siemens spin-offs tap hydrogen boom in wind alliance


FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent West/File Photo

FRANKFURT/DUESSELDORF (Reuters) - Siemens Gamesa and Siemens Energy are developing a commercial offshore wind turbine that produces hydrogen via electrolysis, the companies said, marking a breakthrough for the mass production of renewable hydrogen.

The companies are investing 120 million euros ($146 million) in the system, which has not been previously reported on. It is the renewable industry's most concrete plan yet to capitalise on an expected boom in hydrogen demand.

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