Latvenergo and H2Pro Join Forces to Drive Green Hydrogen Revolution in Latvia
Key Ideas
  • Latvenergo and H2Pro signed an MOU to explore green hydrogen deployment, focusing on H2Pro's decoupled electrolysis technology.
  • The collaboration aims to pilot an electrolyzer in Latvenergo's renewable energy infrastructure to advance green hydrogen production.
  • Both companies emphasize the importance of cost-effective solutions and the role of innovative technologies in transitioning to a green hydrogen economy.
  • The Latvian Ministry of Economy expressed strong support for the partnership and highlighted the strategic value of Israeli-Latvian cooperation in clean energy.
Latvenergo, Latvia's national electricity company, and H2Pro, an Israeli green hydrogen innovator, have signed a Memorandum of Understanding (MOU) to explore the deployment of H2Pro's decoupled electrolysis technology in Latvia. The agreement, signed during a visit by the Latvian Minister of the Economics to Israel, aims to integrate green hydrogen production with Latvia's renewable energy sources. Tzahi Rodrig, CEO of H2Pro, highlighted the opportunity to showcase the technology's efficiency within Latvenergo's energy infrastructure. The partnership aligns with Latvenergo's focus on clean energy innovation and decarbonization. Dr. Mārtiņš Čakste, Latvenergo's CEO, stressed the importance of competitive cost structures for green hydrogen adoption in Europe. The Latvian Ministry of Economy expressed strong support for the collaboration, emphasizing the benefits of Israeli-Latvian cooperation in clean energy. Overall, the MOU signifies a positive step towards advancing green hydrogen commercialization in Latvia through innovative technology and strategic partnerships.
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