TES and EWE sign electrolyser deal
Two firms want to build 500MW electrolyser as part of plan to make Wilhelmshaven a hydrogen hub
Green hydrogen developer Tree Energy Solutions (TES) and German utility EWE have signed a memorandum of understanding (MoU) to build a 500MW electrolyser in TES’ Green Energy Hub at Wilhelmshaven. Belgium-based TES has already raised €65mn ($66mn) from a group of investors, including banking group HSBC and energy company Eon, to build a clean energy import hub at the northern German port. The terminal will initially import LNG before switching to synthetic methane for conversion to green hydrogen. The electrolyser is to be installed and operated from 2028 with a further unit planned eventually to take the total capacity to 1GW. The hub could theoretically accommodate up to 2GW of electrolys
Also in this section
27 November 2024
The clean hydrogen sector has endured a difficult year, but it will end 2024 better equipped to fulfil its long-term potential
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Green hydrogen presents unique costs challenges as government looks to replicate country’s long-standing success as an exporter of iron ore and other natural resources
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE