# Baker Hughes invests in Elcogen to expand solid oxide technology manufacturing

Baker Hughes has invested in Elcogen, a manufacturer of green energy technology, as part of a funding round. Elcogen will use the funds to expand manufacturing capacity at its new factory in Tallinn, Estonia, which will have a capacity of up to 360MW.

- Type: Investment
- Announced: 2024-04-04
- Where: Tallinn, Estonia, Estonia
- Status: announced
- Capacity: 360MW
- Products: solid oxide technology for hydrogen production
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Elcogen](https://endata.com/companies/37547.md)
- [Baker Hughes](https://endata.com/companies/1895.md) (investor)

## Sources

- [siliconcanals.com](https://siliconcanals.com/baker-hughes-backs-elcogen/), 2024-04-04: "This investment further demonstrates our commitment to support the energy transition and the development of the hydrogen economy, which we believe will be an essential part of the energy mix of the future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
