KGAL ESPF 6 Energy Transition Fund has announced its investment in a major green hydrogen project at the Baltic Sea port of Lubmin, located in Mecklenburg-Western Pomerania, Germany. In partnership with PtX Development GmbH and GP Joule, the project will establish Germany’s largest planned hydrogen hub, with a total capacity of up to 1,050 MW.

The first phase, scheduled for completion in 2028, will involve the installation of 210 MW of electrolysis capacity, with an additional 840 MW to follow in subsequent stages. The project aims to support Germany’s energy transition by providing a substantial source of green hydrogen. The financial details of the investment have not been disclosed.

In related hydrogen industry developments, Shell has announced it will no longer support the Gassco-led study on a hydrogen pipeline from Norway to Germany, citing insufficient market demand for blue hydrogen. The company has also paused its Aukra project in Norway. Meanwhile, the AcquaDuctus offshore hydrogen pipeline, led by Gassco and Gascade, continues to move forward.

Elsewhere, Hydrogène de France (HDF Energy) reported a slight increase in its project portfolio, which grew from 13 to 14 projects in advanced development, while total investment rose from $3.2 billion to $3.4 billion in the first half of the year.

The US Department of Energy (DOE) announced $15 million in federal funding for R&D projects to convert waste into clean hydrogen, and the United Nations Office at Nairobi (UNON) is calling for a feasibility study on green hydrogen potential in the Maldives.

Source: h2-view.com