Lhyfe Secures Second Grant in Sweden for Renewable Hydrogen Facility
Key Ideas
  • Lhyfe, a pioneer in renewable hydrogen production in Europe, secures funding of up to €11 million from Klimatklivet to build a 10 MW renewable hydrogen production facility in Vaggeryd, Sweden.
  • The facility aims to produce up to 4.4 tons of green hydrogen per day to supply the growing demand from mobility and industrial customers, contributing to the transition towards lower carbon emissions.
  • Strategically located in southern Sweden, the Vaggeryd plant will form part of a network supplying hydrogen to refueling stations along major transport routes, supporting the adoption of hydrogen-powered vehicles in the region.
  • The investment support covers development, design, equipment procurement, and construction costs, representing a significant step towards achieving net-zero emissions and strengthening Sweden's energy security with locally produced green hydrogen.
Lhyfe, a leading European player in green and renewable hydrogen production, has secured a new grant from Klimatklivet to establish a state-of-the-art renewable hydrogen production facility in Vaggeryd, Sweden. With a capacity of 10 MW, the facility is expected to generate up to 4.4 tons of green hydrogen per day, catering to the increasing demand from both mobility and industrial sectors. Situated strategically in southern Sweden, the plant will play a crucial role in supplying hydrogen to refueling stations along major transport routes, facilitating the transition to hydrogen-powered vehicles in the region. This investment marks a significant milestone in Lhyfe's mission to contribute to the net-zero emissions goal. By utilizing renewable electricity for water electrolysis, Lhyfe aims to meet market demands and support the competitiveness of Swedish industry. Additionally, the waste heat produced during the hydrogen production process will be utilized in the local district heating network in Vaggeryd, enhancing energy efficiency. With this new development, Lhyfe is set to bolster its presence in the European market, emphasizing its commitment to green hydrogen production and energy transition. The funding received will cover various project aspects, including development phases, equipment procurement, and construction work, further solidifying Lhyfe's position as a key player in the renewable energy sector.
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