KGAL, an independent investment and asset manager, has announced its investment in a green hydrogen project located at Lubmin, a Baltic Sea port in Mecklenburg-Western Pomerania, Germany. The KGAL ESPF 6 energy transition fund will be backing this project, which is set to have a total capacity of up to 1,050 megawatts. This investment signifies a substantial move towards renewable energy and the utilization of green hydrogen, contributing to the decarbonization efforts in the region. The initiative at Lubmin holds promise for advancing sustainable energy practices and reducing carbon emissions. For further details on this development, readers are encouraged to log in as premium subscribers or take advantage of a free trial.