# Elcogen

- Headquarters: Estonia
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Tallinn, Estonia | 2024-05-03 | $48.0M | expansion, investment, new_facility |

## Customers, suppliers and deals

- [Baker Hughes](https://endata.com/companies/1895.md): investor, 1×, latest 2024-04-04
- [Korea Shipbuilding & Offshore Engineering](https://endata.com/companies/12434.md): investor, 1×, latest 2023-10-11
- [HD Hyundai](https://endata.com/companies/14661.md): investor, 1×, latest 2023-10-11
- [European Investment Bank](https://endata.com/companies/10295.md): investor, 1×, latest 2019-02-22

## Announcements (6)

- 2024-05-03: [Elcogen builds new factory in Tallinn to expand SOFC/SOEC capacity to 360 MW](https://endata.com/announcements/87993-elcogen-builds-new-factory-in-tallinn-to-expand-sofc-soec-capacity-to-360-mw) (Expansion · Tallinn, Loovälja Industrial Park, Estonia · starts operating Jul 2025)
- 2024-04-04: [Baker Hughes invests in Elcogen to expand solid oxide technology manufacturing](https://endata.com/announcements/87168-baker-hughes-invests-in-elcogen-to-expand-solid-oxide-technology-manufacturing) (Investment · Tallinn, Estonia, Estonia)
- 2023-10-11: [HD Hyundai invests €45M in Elcogen for solid oxide technology](https://endata.com/announcements/82385-hd-hyundai-invests-45m-in-elcogen-for-solid-oxide-technology) (Investment · Tallinn, Estonia, Estonia · $48.0M)
- 2021-03-15: [Elcogen to build 50 MW solid oxide fuel cell factory in Tallinn](https://endata.com/announcements/56522-elcogen-to-build-50-mw-solid-oxide-fuel-cell-factory-in-tallinn) (New facility · Tallinn, Ülemiste City, Estonia · $31.3M · starts operating Jun 2022)
- 2021-03-01: [Elcogen plans 50 MW solid oxide fuel cell production facility in Tallinn](https://endata.com/announcements/58138-elcogen-plans-50-mw-solid-oxide-fuel-cell-production-facility-in-tallinn) (Expansion · Tallinn, Estonia)
- 2019-02-22: [Elcogen signs EUR 12M loan from EIB for fuel cell plant](https://endata.com/announcements/37172-elcogen-signs-eur-12m-loan-from-eib-for-fuel-cell-plant) (Investment · Tallinn, Estonia · $13.6M)

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