Lhyfe Awarded Grant for Green Hydrogen Project in Sweden and Plans Expansion to the UK
Key Ideas
- Lhyfe has secured a grant of up to SEK 125.6m to develop a local renewable hydrogen production project in Trelleborg, Sweden, under the Klimatklivet investment programme.
- The project aims to produce up to four tonnes per day of green hydrogen based on a 10MW installed electrolysis capacity, with the grant covering around 40% of the total estimated investment.
- The first green hydrogen output is expected in 2027, pending necessary approvals and financial decisions. This marks Lhyfe's first subsidized project in Sweden, reflecting its commitment to green hydrogen delivery.
- Additionally, Lhyfe plans to build a 20MW green hydrogen plant in the UK by 2024, furthering its goal of expanding renewable hydrogen production for mobility and industry applications.
Lhyfe, a green hydrogen production company, has been granted up to SEK 125.6m to establish a local renewable hydrogen production project in Trelleborg, Sweden, supported by the Swedish Environment Protection Agency's Klimatklivet programme. The project aims to have a capacity of producing four tonnes per day of green hydrogen through a 10MW electrolysis setup, with the grant covering a significant portion of the total investment. The first green hydrogen output is anticipated in 2027, subject to regulatory approvals and financial decisions. Sara Wihlborg, the Country Manager of Lhyfe in Sweden, expressed gratitude for the recognition of their green hydrogen efforts in Sweden. Lhyfe plans to contribute to Sweden's environmental agenda by enhancing the hydrogen infrastructure using renewable sources, promoting green hydrogen adoption in mobility and industry sectors. Moreover, Lhyfe has announced plans to construct a 20MW green hydrogen plant in the UK by 2024, aiming to produce eight tonnes per day and contribute to the UK's green energy landscape.
Topics
Middle East
Renewable Energy
Grant Funding
Environmental Sustainability
Electrolysis
Industry Development
Green Mobility
Infrastructure Expansion
UK Expansion
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