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Nel Hydrogen Electrolyser AS has now signed a firm contract with HH2E for 120 MW of alkaline electrolyzer equipment. The value of the contract is approximately EUR 34 million.

A renewable energy firm called HH2E intends to implement scalable hydrogen projects in Germany, such as the HH2E Lubmin in Mecklenburg-Vorpommern, where production of hydrogen will start in 2025 and significantly rise by 2030.

“We are thrilled to help HH2E in their efforts to create a greener society because these projects are crucial for the energy transition in Germany and Europe, says Hkon Volldal, CEO of Nel

“The significant availability of high-quality electrolyzers in Europe, such as those that Nel will deliver, is one of the criteria for achieving our target of producing at least a quarter of a million tonnes per year of RED-II compliant green hydrogen in Germany by 2030. Nel’s technology, customer service, and experience have won us over “, adds HH2E co-founder and board member Andreas Schierenbeck.

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Arnes Biogradlija is the founder and Editor in Chief of EnergyNews.biz, which he launched in 2021 to separate energy transition realities from fairy tales. He writes data driven analysis on hydrogen, energy storage, small modular reactors, grids and industrial policy, and leads the Energy Talks interview series. EnergyNews.biz reporting has been cited more than 100 times by the International Energy Agency.

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