German green hydrogen developer APEX Group has today (July 27) announced it has acquired locations in Lubmin, Germany, for €1.7m ($1.87m), to build up to 600MW of electrolyser capacity.
Under the agreement, APEX will acquire three plots of land at the site of the decommissioned Greifwald nuclear power plant from EWN Entsorgungswerk für Nuklearanlagen, where it plans to produce green hydrogen on site with up to 600MW of installed electrolyser capacity.
The company plans to construct the first stage of the installation by the end of 2027, from where it will continue to construct plants and subsequently take over their operations as the owner.
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