H2APEX Revolutionizes Hydrogen Production in East Germany with 100 MW Electrolysis Plant
Key Ideas
- H2APEX in Rostock receives a grant to construct a 100 MW electrolysis plant for green hydrogen production by 2027, supported by European IPCEI funding.
- The project is part of the East German hydrogen hub 'doing hydrogen' to boost the hydrogen economy in the region and connect producers, operators, and customers.
- The electrolysis plant will have a production capacity of over 7,500 tons of green hydrogen annually, contributing to significant CO2 savings and generating substantial revenue.
- H2APEX's selection for the IPCEI funding is a significant step in advancing the German hydrogen infrastructure, emphasizing the company's role in regional economic growth.
H2APEX, a company from Rostock, Germany, is set to construct a 100 MW electrolysis plant in Rostock-Laage to produce green hydrogen by 2027. The Federal Minister for Economic Affairs and Climate Protection, Dr. Robert Habeck, presented the grant notice to H2APEX's management in Berlin. The project is a part of the East German hydrogen hub 'doing hydrogen,' aimed at fostering the hydrogen economy by linking producers, gas network operators, and customers. Supported by European IPCEI funding under the 'Hy2Infra' wave, the expected investment for the plant is approximately 213 million euros. The plant will have an annual production capacity of 7,500 tons of green hydrogen, resulting in significant CO2 savings. Furthermore, the plant's operation is anticipated to generate substantial revenue from hydrogen, heat, and certificate sales. H2APEX's involvement in this project highlights its crucial role in advancing the hydrogen infrastructure in Germany. The selection of H2APEX for the IPCEI funding underscores the company's significance in the industry's development and regional economic growth.