Germany’s state-controlled firm, Securing Energy for Europe (SEFE), is making bold strides in the transition to green hydrogen, announcing plans to invest approximately $540 million (500 million euros) in repurposing its underground gas storage sites and pipelines.
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Equinor and Germany’s state-owned energy company, SEFE (Securing Energy for Europe), have entered into long-term gas sales agreements, signaling not only a strategic energy partnership but also a significant step toward large-scale hydrogen supplies.
Norwegian clean energy firm Gen2 Energy AS has signed a term sheet to supply green hydrogen from its planned 100-MW production plant in Norway to German state-owned SEFE Securing Energy for Europe (SEFE).
Germany’s nationalized gas importer and trader, SEFE, has expressed keen interest in venturing into the realm of clean hydrogen production. This strategic shift comes as part of SEFE’s broader commitment to spearhead the transition towards sustainable energy sources.
In order to pursue an offtake deal for compressed green hydrogen, Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), formerly Gazprom Germania GmbH, have signed a memorandum of understanding (MoU).