In a Memorandum of Understanding (MoU), energy companies LEAG and HH2E have agreed to collaborate on building a regional and supra-regional green hydrogen economy, primarily in the federal states of Saxony, Saxony-Anhalt, and Brandenburg. This collaboration will take place through planned projects in various stages of the value chain and fields of action. The goal is to speed up project implementation and generate technical and economic synergies. Specific projects will concentrate on developing a seamless value chain from production to transport and use of green hydrogen.
“We are delighted to explore cooperation opportunities with HH2E, as it is another step forward in our hydrogen strategy and will enable us to drive the structural change in our coalfields and secure future-proof jobs for our employees,” said Dr Philipp Nellessen, LEAG’s Board Member for Production, after signing the letter of intent.
“Access to green energy is now a key factor in companies’ and businesses’ location decisions. The production of green hydrogen can act as an economic catalyst in any region, drawing in numerous industries and businesses. At HH2E, we are thrilled about the agreement with LEAG, as joint project development hastens the energy transition and maximises economic growth simultaneously,” says Andreas Schierenbeck, co-founder and board member of HH2E AG.
LEAG aims to be one of Germany’s leading green power producers by 2030 with the GigawattFactory, which consists of PV and wind power plants with a total capacity of seven gigawatts. To ensure the reliable and weather-independent availability of renewable electricity, the company plans to construct new H2-ready power plants at its power plant sites in Jänschwalde, Schwarze Pumpe, Boxberg, and Lippendorf.
HH2E is a new green energy company in Germany established to bring about immediate change. It aims to install 4 GW of electrolysis capacity in Germany by 2030. HH2E’s technology mix can turn a fluctuating input of solar or wind energy into a constant supply of green hydrogen, heat, and carbon-free electricity at competitive prices to serve local industries and communities. HH2E is well on track to becoming a green utility of the future.