Nel Hydrogen Electrolyser has signed a firm contract with HH2E for 120 MW of alkaline electrolyser equipment. The value of the contract is approximately EUR 34 million.

HH2E is a renewable energy company planning to deploy scalable hydrogen projects in Germany, such as the HH2E Lubmin in Mecklenburg-Vorpommern, where hydrogen production will commence by 2025 and be increased substantially by 2030.

“These projects are important for the energy transition in Germany and Europe, and we are excited to support HH2E in their efforts to create a greener society,” says Håkon Volldal, CEO of Nel.