Lhyfe has received approval from the city of Schwäbisch Gmünd (Baden-Württemberg) to start construction of its plant on an industrial site of about 10,000 m². A production site for renewable green H₂ by water electrolysis with a capacity of up to 4 tpd (10 MW) is to be built along with a publicly accessible H₂ filling station and a pipeline to supply the future H₂-Aspen technology park with renewable H₂. The plant is expected to be operational in early 2024.

Electricity required to produce the renewable H₂ will be provided by a connection to a wind farm and photovoltaic installations. Future customers for this project are in the immediate vicinity of the site and in the region. The H₂ will be used as a process gas by industrial customers and as a fuel for fuel cell vehicles at distribution stations.

Richard Arnold, First Mayor of the City of Schwäbisch Gmünd said, “The cooperation with Lhyfe provides the necessary impetus for a fast and reliable development of the H₂-Aspen project. With this project, we want to offer companies in the region a local, sustainable and environmentally friendly energy solution. Within the framework of a holistic sustainable production, we enable and demonstrate what a business and industrial park of the future can look like. This holistic approach, positioning ourselves along the entire H₂ value chain of the project, is not only exemplary for our region, but also on a national level. “

Luc Graré, Head of International Business at Lhyfe said, “The region’s goal is to establish an economically autonomous H₂ industry. To support this goal, we are actively involved in the construction and expansion of the planned technology park. Thanks to our expertise in building local H₂ ecosystems as well as our model of direct connection between renewable energy sources and our production sites, we can optimally support the development of the region. Following our previous involvement in projects in Germany, this project is part of our strategy to supply Germany with green H₂ on a national scale by 2025.”

Lhyfe is working on a rapid ramp-up of the green H₂ market in many European countries. Various projects have already been announced in Germany, including cooperations such as the participation in the H₂goesRail project of Deutsche Bahn and Siemens Mobility.

This agreement allows Lhyfe to actively pursue the development of this project in Germany, the next step being to obtain dedicated grants. This 10 MW project is one of the 20 projects in advanced development (corresponding to the tender ready, awarded or construction phases) announced at the time of the IPO, with a total capacity of 380.5 MW and a planned entry into operations between 2023 and 2026.