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H2APEX and East Energy establish joint venture

 

Published by
Global Hydrogen Review,

H2APEX Nova Holding GmbH, based in Rostock-Laage and subsidiary of H2APEX Group SCA, and the East Energy Group from Rostock have been establishing the joint venture ‘Hanseatic H2’ to develop standardised electrolysis plants with a capacity of 5 MW each and to jointly market the resulting RFNBO-compliant hydrogen.

The initial plan is to build four plants at locations in Northern and Eastern Germany. This initiative responds to the recent significant increase in demand for green hydrogen. Improvements in the regulatory environment have particularly boosted demand from the mobility sector, which will be supplied via trailer deliveries from the planned facilities.

With Hanseatic H2, H2APEX is expanding its strategic portfolio to include smaller scale plants, further broadening its market presence. The company is already developing a major IPCEI-funded project featuring a 100 MW electrolysis plant in Lubmin and brings extensive expertise in the construction and operation of hydrogen facilities to the joint venture. East Energy contributes its many years of experience in developing renewable energy projects. This clear division of responsibilities enables especially efficient project execution and high economic viability: By utilising recurring technical standards, planning and construction processes can be accelerated, costs reduced, and future plants more easily scaled. In addition, a unified technical architecture simplifies maintenance and long-term operation.

The next steps include the prompt establishment of the joint project company and the initiation of joint project development. Through the Hanseatic H2 joint venture, the partners will make a significant contribution to the regional energy transition and advance the development of a reliable, scalable hydrogen infrastructure in Northern and Eastern Germany.

 

This article has been tagged under the following:

Green hydrogen news Electrolyser news European hydrogen news