KGAL ESPF 6 will invest in PtX Development’s green hydrogen project at Lubmin, Germany, with a planned total capacity of over 1GW.
Expected to be part of Germany’s “largest” planned centre for producing and importing green hydrogen, the plant’s first phase will have a capacity of 210MW once completed in 2028, before it scales a further 840MW.
PtX Development will act as the project initiator and developer of the hydrogen production sites and has secured GP JOULE as Project Developer. The site location will have access to water for production via the Baltic Sea and a direct connection to the German hydrogen core network.
The Lubmin hub, in total, has a planned electrolysis capacity of around 4GW, emphasised by four projects, including HH2E’s 100MW plant, which could scale up to 1GW. There is also the potential for hydrogen import via the industrial harbour.
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