HH2E accelerates east German Lubmin project
Developer expects FID later this year in boost to its ambition to be one of Europe’s largest green hydrogen producers
Independent developer HH2E is confident of reaching FID later this year on its Lubmin green hydrogen project on eastern Germany’s Baltic coast after securing “a significant number” of offtake deals and first-phase investment from private equity shareholder Foresight Group. Recent progress with the project, which will have a first-phase capacity of 100MW with the potential to scale up to 1GW, puts HH2E “on the verge” of becoming one of Europe’s largest green hydrogen producers, the Hamburg-based company says. Its ambition is to install 4GW of capacity in Germany by 2030. HH2E says it has already identified more than 15 potential project locations. Construction at Lubmin, a major energy and in
Also in this section
26 July 2024
European offtakers and strategic investors start to unlock North African country’s vast potential as a green hydrogen and ammonia supplier
25 July 2024
Investment in 100MW green hydrogen facility in Germany comes as oil major’s wider transition strategy comes under scrutiny
24 July 2024
World’s largest green fertiliser supply agreement puts Villeta project in Paraguay on track for FID later this year
23 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries