JLEN and Foresight Group have made a €9.2m ($10.1m) investment in HH2E’s planned green hydrogen project in Lubmin, Germany, as the company looks to take a final investment decision later this year (2023).
With construction due to be completed by mid-2025, the plant will boast 100MW of initial capacity to produce 6,000 tonnes of green hydrogen per year, with plans for it to be scaled up to increase to over 1GW which could see annual production exceed 60,000 tonnes.
Set to be built by HH2E’s local subsidiary, HH2E Werk Lubmin GmbH, the plant aims to serve large-energy and industrial consumers including the chemical industry and commercial air and road transport operators.
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