Press Release: fischer Power Solutions becomes sales partner for GRZ Technologies AG in Germany

Achern, 11 August 2022 - With the further expansion of renewable energies, strong growth is predicted for the hydrogen market. To support the development of the market and meet the growth, the strategic partners fischer group from Achern and GRZ Technologies AG from Switzerland have agreed that fischer Power Solutions GmbH, as the main partner, will take over the sales agency of GRZ DASH H2-to-Power Modules in the German market. The fischer group already supplies stainless steel tubes which are installed in GRZ thermal hydrogen storage tanks and compressors. The fischer group has been a shareholder in GRZ since the middle of the year. The sales cooperation will now be further expanded.
GRZ's product portfolio is based on several decades of research work in the field of hydrogen. The products are used wherever hydrogen is produced and further utilized with renewable electricity. In combination with Hyundai fuel cells and electrolysers from third-party suppliers, modern energy storage systems in the MWh range are created for the power grid of the future. In addition, the same technology is also used to realize thermal hydrogen compressors, for example for industrial filling stations. GRZ also develops and manufactures plants for the production of green methane, which is chemically similar to natural gas.
"The expansion of the cooperation is a logical next step following fischer's investment in GRZ," says Guido Eckenwalder, Sales Director for Battery Systems and Hydrogen Technology, at fischer. "We are pleased to be able to build up the key market together with GRZ. As a large medium-sized group of companies, we have the strength to develop the market with determination."

About fischer group and fischer Power Solutions:
The fischer group is the world's market-leading manufacturer of high-quality stainless steel tubes and components and technological leader in the production of longitudinally welded tubes. The entire process - from slit strip to the manufacture of complex components - is controlled and continuously developed. An aluminum hot-forming parts production facility currently under construction has been contributing to the group's growth since 2021.  The subsidiary fischer Power Solutions is a specialist in the field of immersion-cooled batteries The fischer group has its headquarters in Achern-Fautenbach (Baden-Württemberg) and further companies in Menden (Germany), Canada, USA, Mexico, Uruguay, Austria, South Africa and China.

Kontakt für Rückfragen
Guido K. Eckenwalder
Tel: 07841 6803 567