The Hydrogen Chemistry Firm is a new leading green hydrogen company formed by Nobian and Macquarie’s Green Investment Group (GIG) (HyCC).
HyCC will provide safe, dependable, and economical green hydrogen for huge businesses like aviation, steel manufacturing, chemicals, and refineries to ensure their long-term viability.
With the development of a firm specializing in water electrolysis for the generation of green hydrogen from renewable energy on an industrial scale, a first is being taken. HyCC can expedite its investments and execute additional large-scale projects thanks to Nobian’s expertise in large-scale electrolysis and GIG’s global experience in sustainable project development.
HyCC will begin by assembling a team of hydrogen technical and project management experts. The firm has a portfolio of electrolysis projects totaling more than 400 megawatts. This comprises a 60-megawatt plant in Delfzijl that will supply hydrogen for the manufacture of renewable methanol and aviation fuels, a 100-megawatt project in IJmuiden that will enable sustainable steel manufacturing, and a 250-megawatt facility in Rotterdam that would create hydrogen from fossil fuels. HyCC will be able to increase its offering and enter the European market as a result of the partnership.
“Green hydrogen is vital to cut emissions in businesses that have historically been difficult to make more sustainable,” says Kate Vidgen, GIG’s Head of Industry Transition and Clean Fuels. Consider steel and the chemical sector, as well as transportation and aviation, for example. We expect the energy shift to accelerate, therefore we’re excited to partner with an experienced firm to invest in this sector and assist companies in reducing their emissions.”
“We are really delighted by this unprecedented milestone for both Nobian and GIG,” says Michael Koenig, CEO of Nobian. We are able to invest in the fast-growing hydrogen sector because of our industry-leading and long-standing experience in large-scale electrochemistry. We not only provide value, but we also help to reduce CO2 emissions and promote long-term economic growth.”
“We have a solid staff and a good portfolio of large-scale green hydrogen projects,” says Marcel Galjee, Managing Director of HyCC. We can build up and become a leader in the safe and dependable supply of green hydrogen thanks to the backing of these two renowned firms. In this approach, we can contribute significantly to the EU’s goal of 40 gigawatts of water electrolysis by 2030.”
In a technique known as water electrolysis, green hydrogen is created by splitting water into oxygen and hydrogen using power derived from renewable sources. Green hydrogen can be produced or burned without emitting CO2, and it may be used to replace fossil fuels or to create new circular forms of production. Hydrogen, for example, maybe mixed with CO and CO2 from industrial operations to create new fuels and chemical raw materials.
GIG has already launched multiple hydrogen arrangements in various locations, all of which are aimed at assisting the industrial shift and the transition to greener fuels. Nobian runs multiple large-scale electrolysis plants for the manufacturing of chlorine and caustic soda in the Netherlands and Germany, utilizing technology similar to water electrolysis.
