Latvenergo and H2Pro Partner to Drive Green Hydrogen Innovation in Latvia
Key Ideas
- Latvenergo and H2Pro signed an MoU to explore deploying H2Pro's electrolysis technology in Latvia for green hydrogen production.
- The collaboration aims to integrate H2Pro's technology with Latvia's renewable resources to ensure long-term economic sustainability of green hydrogen production.
- The partnership supports Latvenergo's commitment to clean energy innovation, energy independence, and decarbonisation, with a focus on cost-effective solutions.
- H2Pro's CEO highlights the efficiency and cost-effectiveness of their technology, emphasizing the importance of a competitive cost structure for green hydrogen.
Latvenergo, Latvia's national electricity company, and H2Pro, an Israeli innovator in green hydrogen production, have signed a memorandum of understanding to explore the deployment of H2Pro's decoupled electrolysis technology in Latvia. This partnership aims to advance the use of green hydrogen as a key solution for industrial decarbonisation and energy security. The collaboration will involve assessing the feasibility of testing an electrolyser within Latvenergo's energy infrastructure and exploring opportunities for commercial deployment. By integrating H2Pro's technology with Latvia's renewable resources like wind and solar, both companies aim to ensure the long-term economic sustainability of green hydrogen production. H2Pro's CEO emphasized the advantages of their technology in terms of efficiency and seamless integration with renewables. The goal is to lay the groundwork for a cost-effective and scalable green hydrogen economy. For Latvenergo, this partnership aligns with their commitment to clean energy innovation, energy independence, and decarbonisation. The CEO of Latvenergo highlighted the importance of breakthrough technologies like H2Pro's electrolysis in reducing capital costs while maintaining high efficiency. The article underscores the significance of achieving a competitive cost structure to unlock the full potential of green hydrogen in Europe.
Topics
Green Hydrogen
Clean Energy
Technology
Innovation
Energy
Partnership
EU Funding
Renewable Resources
Economic Sustainability
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