8,000% growth | 'More than 100GW of hydrogen electrolysers to be produced annually by 2031'

The annual manufacturing capacity will grow from about 1.3GW at the end of this year to 104.6GW by 2031 — an increase of almost 8,000%, with a compound annual growth rate (CAGR) of 62.6%, the US-based company says in its study, Market Data: Electrolyzers.