H2APEX, a subsidiary of H2APEX Group SCA, has acquired the hydrogen project of HH2E at the Lubmin site in Germany. This strategic move aims to bolster H2APEX's position as a green hydrogen producer by enhancing its in-house production capabilities. The acquisition includes all necessary assets for successful hydrogen production, such as land, infrastructure, and connections. By integrating this project, H2APEX plans to expand its electrolysis capacity to up to 1,000 MW by 2028. The company's CEO, Peter Rößner, highlights the strategic advantage of the acquisition, emphasizing Lubmin's significance in Germany's hydrogen industry and its proximity to offshore wind farms. H2APEX's long-term strategy involves focusing on developing its own electrolysis plants to ensure revenue stability and scalability. The company expects to generate a substantial portion of its revenue from operating its facilities, enabling sustainable growth. The investments for the initial phase of the Lubmin project will cover various aspects such as infrastructure development, feasibility studies, and personnel costs. H2APEX plans to source electricity from renewable sources, maintaining a commitment to green energy. With plans for significant expansion in the green hydrogen market, H2APEX aims to capitalize on the consolidation phase in Germany's hydrogen industry. By acquiring projects from competitors exiting the market, the company seeks to strengthen its market position and drive growth. Through effective management and leveraging expertise from previous projects, H2APEX is poised to enhance its operational capacity and contribute to the advancement of sustainable hydrogen production.