H2APEX Group Expands Hydrogen Footprint in Lubmin through Acquisition
Key Ideas
  • H2APEX Group SCA acquires HH2E Lubminwerk GmbH in Lubmin, Germany, enhancing its industrial hydrogen presence with a 1,000 MW electrolysis capacity for green hydrogen.
  • The acquisition includes essential land, infrastructure, and utilities for the project, aiming to source electricity solely from renewables and integrate into Germany's hydrogen network.
  • H2APEX expects this strategic move to strengthen its national and global hydrogen supplier status, increasing market share and fostering long-term growth through operational excellence.
  • The initial phase of 100 MW is set for completion by 2028, aligning with the company's vision for a sustainable and impactful presence in the green hydrogen sector.
H2APEX Group SCA has recently completed an acquisition of HH2E Lubminwerk GmbH in Lubmin, Germany, marking a significant expansion of its industrial hydrogen footprint in the region. This strategic move is set to add 1,000 MW of electrolysis capacity dedicated to green hydrogen production. The acquisition encompasses crucial assets such as land, infrastructure, and utilities necessary for the project's success, with a focus on sourcing electricity completely from renewable sources. The proximity of the acquired project to planned hydrogen pipelines positions H2APEX favorably for seamless integration into Germany's hydrogen network. By emphasizing environmentally friendly practices and sustainable energy sources, the company aims to solidify its market presence and elevate its positioning as a hydrogen supplier, not only nationally but also internationally. Anticipating the consolidation of Germany's green hydrogen market, H2APEX foresees an increase in market share and long-term growth through efficient in-house facility operations. With a phased approach, the initial 100 MW milestone is slated for completion by 2028, reflecting H2APEX's commitment to driving sustainable practices in the green hydrogen sector. This acquisition aligns with the company's vision for a greener future and underlines its dedication to contributing positively to the hydrogen industry's evolution.
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