Lhyfe and Source Galileo have inked a joint agreement to establish commercial-scale green and renewable hydrogen production units in the UK and Ireland. The companies have signed a memorandum of understanding with the goal of deploying production facilities powered by renewable energy.
Under the agreement, Lhyfe and Source Galileo will combine their expertise to generate and supply environmentally friendly gas to a variety of customers across industry and transport, helping them decarbonise their operations. Additionally, the energy firms are also looking for opportunities in Ireland, focusing on identifying consumers and assessing factors such as grid availability, power supply, land accessibility, and planning requirements.
In December 2023, Lhyfe planned to produce up to 330 tonnes of green hydrogen per day at the Lubmin plant in Mecklenburg-Vorpommern, Germany, with a targeted commissioning date of 2029. Part of Lhyfe’s backbone development strategy, this plant will feed into the German core hydrogen pipeline network, for the development of which the German government recently unveiled a €20 billion financing plan.
