Permascand, a technology-driven manufacturer of world-leading electrochemical solutions, today presents an extensive innovation initiative to develop the hydrogen technology of the future. Through the construction of a full-scaled technology and innovation center and investments in the company’s research team, Permascand will conduct advanced research and development to enable large-scale and cost-effective production of green hydrogen for energy storage, where Permascand has a unique position. In total, the company plans to invest around SEK 300 million over the next three years.