Wind turbine farm in Baltic Sea between Germany and Denmark
HH2E accelerates east German Lubmin project
Developer expects FID later this year in boost to its ambition to be one of Europe’s largest green hydrogen producers
Independent developer HH2E is confident of reaching FID later this year on its Lubmin green hydrogen project on eastern Germany’s Baltic coast after securing “a significant number” of offtake deals and first-phase investment from private equity shareholder Foresight Group. Recent progress with the project, which will have a first-phase capacity of 100MW with the potential to scale up to 1GW, puts HH2E “on the verge” of becoming one of Europe’s largest green hydrogen producers, the Hamburg-based company says. Its ambition is to install 4GW of capacity in Germany by 2030. HH2E says it has already identified more than 15 potential project locations. Construction at Lubmin, a major energy and in
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