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SAN Group invests €3m in Austrian hydrogen plant
© SAN Group

SAN Group invests €3m in Austrian hydrogen plant

Singapore’s SAN Group is investing around €3m ($3.6m) in a new hydrogen plant in Herzogenburg, Austria.

Scheduled to go into operation in spring 2022, a dedicated 1.5MW photovoltaic system is being built to supply the electrolysis, which SAN Group says corresponds to an annual energy consumption of around 200 households.

“Our system aims to store solar energy 24 hours and thus to be able to use it. The fully integrated energy concept with waste heat utilisation and reconversion of the excess hydrogen into electricity will supply the entire SAN Group location in the future,” said Martin Blauensteiner, Managing Director of SAN Real and Project Manager

Peter Kickinger, Chief Finance Officer at SAN Group, added, “Some of the hydrogen is used for our own company fleet, but it is also available to external partners.

“We are currently in talks with numerous companies and municipalities in the region, to whom we are offering the opportunity to try out the energy of the future, green hydrogen, and to deal with the topic.”

The plant will be located in the Herzogenburg industrial park, which is operated with 100% renewable energy.

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