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Erredue S.P.A. ( (IT:RDUE) ) just unveiled an announcement.
ErreDue has signed a €1.4 million agreement with a leading national ceramics operator to supply a 1 MW electrolyzer for a plant in Emilia-Romagna. This project, part of a strategic decarbonization plan, will enable the production of green hydrogen to replace natural gas, reducing CO₂ emissions significantly. The initiative underscores ErreDue’s pivotal role in the hydrogen sector and its commitment to supporting energy transition projects in hard-to-abate industries like ceramics.
The most recent analyst rating on (IT:RDUE) stock is a Buy with a EUR10.30 price target. To see the full list of analyst forecasts on Erredue S.P.A. stock, see the IT:RDUE Stock Forecast page.
More about Erredue S.P.A.
ErreDue is a leader in zero-emission hydrogen electrolysis, focusing on the development, production, and marketing of electrolyzers for on-site generation of clean hydrogen and other technical gases like nitrogen and oxygen. These are used in various sectors, including industrial, laboratory, and medical applications, as well as in new energy transition applications such as power-to-gas, sustainable mobility, and industrial decarbonization. Based in Livorno, ErreDue achieved a production value of 19.1 million in 2024 and has been listed on the Euronext Growth Milan market since December 2022.
Average Trading Volume: 3,422
Technical Sentiment Signal: Sell
Current Market Cap: €44.06M
For an in-depth examination of RDUE stock, go to TipRanks’ Overview page.