ErreDue wins €800,000 European order for 0.5 MW hydrogen plant

An announcement from Erredue S.P.A. ( (IT:RDUE) ) is now available.

ErreDue S.p.A. has signed an international contract worth about €800,000 to supply a 0.5 MW alkaline-technology hydrogen production plant to a leading Central European industrial group based in the Czech Republic. The system, composed of two modular 250 kW units, is aimed at supporting the client’s role as a system integrator in renewable energy, energy efficiency and industrial decarbonization, with a particular focus on green hydrogen.

The plant will be able to produce more than 520,000 cubic meters of high-purity, high-pressure hydrogen per year and will be delivered in two stages in the second half of 2026, with milestones in July and October. Including design, production, testing and technical assistance, the project is positioned as a strategic contribution to European hydrogen development initiatives and reinforces ErreDue’s international growth, strengthening its presence in high-potential European markets and bolstering its status as a key technological partner in the energy transition.

The most recent analyst rating on (IT:RDUE) stock is a Buy with a EUR9.60 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 S.p.A. is an Italian company specializing in the design and production of innovative, customized systems for on-site generation, mixing and purification of technical gases, including hydrogen via water electrolysis, nitrogen and oxygen. Based in Livorno and listed on Euronext Growth Milan, it serves industrial, laboratory, medical and energy-transition applications such as power-to-gas, sustainable mobility and industrial decarbonization, and reported a 2024 production value of €19.1 million.

Average Trading Volume: 5,900

Technical Sentiment Signal: Hold

Current Market Cap: €45.63M

Learn more about RDUE stock on TipRanks’ Stock Analysis page.