HH2E AG Invests More than $2 Billion in Germany Green Hydrogen Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--HH2E AG (Hamburg, Germany), a new player in the German green energy sector offering innovative green energy and energy management solutions, aims to invest about US$2 billion to set up two new green hydrogen facilities in Germany, slated to be constructed in Borna (Thierbach) and Lubmin.

Each facility will produce 60,000 tons per annum of green hydrogen through 1-gigawatt (GW) electrolyzers powered by renewable energy sources. The hydrogen produced will cater to the demands of green hydrogen customers and consumers, including prominent players in the mobility sector, large-scale energy users--such as the chemical industry--and commercial air and road transport operators. The implementation of both projects will be executed in multiple phases, with Phase I for each anticipated to be operational by 2025 and Phase II by 2030.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here to read the related project reports. Industrial Info is currently tracking more than 80 green hydrogen projects in various phases of development in Germany across all industries, worth about US$11 billion. Subscribers to the GMI Database can click here for a full list.

Click on the image at right for a breakdown of green hydrogen projects in Germany by industry.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).