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Lhyfe and Schaeffler enter cooperation agreement to build industrial green H2 plant in Germany

Green H2 producer Lhyfe and Schaeffler, a global supplier to the automotive and industrial sectors, have signed an agreement to boost green H2 production in Bavaria, Germany. The plan is to build and operate an electrolysis plant on Schaeffler's factory premises in Herzogenaurach, Franconia with a capacity of up to 15 megawatts. Other regional players will also be supplied with green H2 from the plant at Schaeffler.

The plant will produce regional green H2 on an industrial scale. Schaeffler intends to not only make its own production climate-neutral, but also drive decarbonization forward in the region.

"We are proud to support a giant company, like the Schaeffler AG in its transformation towards a climate-neutral production by 2030" said Luc Graré, Head of Central & Eastern Europe Business. "The rapid supply of green H2 continues to be a massive task. Large-scale projects like the one by Schaeffler prove the readiness of the technology, provide confidence and security in the market and strengthen the appetite for investment."

The goal is to supply the region with approx. 3.7 tpd of green H2, starting 2025. Potential customers include municipalities and H2 filling stations. The waste heat generated by electrolysis will be fed into the industrial processes within the Schaeffler plant.

"The switch from fossil fuels to renewable energies plays a central role in our goal of climate-neutral production until 2030" said Andreas Schick, Member of the Board of Managing Directors for Production, Supply Chain Management and Purchasing at Schaeffler AG. "By partnering with Lhyfe, we have managed to team up with one of the most innovative companies to executive on the green H2 plant on our premises in Herzogenaurach. The agreement underlines Schaeffler's commitment to sustainability and H2 technology."