Lhyfe, a green and renewable hydrogen production company, has received a grant of up to SEK 125.6 million (c. €11 million) from Klimatklivet.
Lhyfe will use the grant received from Klimatklivet, an investment programme supported by the Swedish Environmental Protection Agency, to build a local renewable hydrogen production system in Trelleborg, the southernmost city in Sweden.
Trelleborg is a transport hub with the biggest roll-on roll-off harbour in Scandinavia where 10 percent of Swedish export and import passes every year, according to the harbour of Trelleborg.
Transport and logistics companies, which are looking to replace their fleet with less polluting vehicles like hydrogen-powered electric vehicles, will require large quantities of green hydrogen to supply the hydrogen refueling stations under construction in this area.
Lhyfe aims to produce up to 4 tons of green hydrogen per day (based on a 10 MW installed electrolysis capacity). Lhyfe aims to produce first kilos of green hydrogen in 2027.
Lhyfe said the grant, which will fund the development and design phases, the supply of equipment and the construction work, represents about 40 percent of the total estimated investment in the project.
Lhyfe started operating its first plant at Bouin, Pays de La Loire in France, since the second half of 2021. Lhyfe has also inaugurated three more sites — in France and in Germany.
Lhyfe informed that several additional sites are currently under construction or extension throughout Europe. At the end of 2023, Lhyfe had 195 employees dedicated for renewable hydrogen production, with projects in 12 countries and a project pipeline of c.10 GW in Europe.
“This project will contribute towards providing green hydrogen for the mobility sector in the South of Sweden. It will support our objective to increase the penetration of green hydrogen throughout Sweden both for mobility and industry,” says Sara Wihlborg, Country Manager Sweden at Lhyfe.
GreentechLead.com News Desk