APEX Group (“APEX”), a developer and operator of “green” #hydrogen electrolysis plants for the decarbonization of industry, infrastructure, and mobility and a 100% subsidiary of exceet Group SCA , has signed an agreement to acquire three strategically important plots of land in Lubmin from EWN Entsorgungswerk für Nuklearanlagen GmbH. In the future, APEX plans to produce hydrogen on the site with up to 600 MW of installed electrolyser capacity. Completion of the first construction stage is already planned for 2027.
APEX will construct the plants and subsequently take over their operation as the owner. For the construction of plants to supply electricity and water and for wastewater disposal, there are intensive talks with other interested parties at the site to jointly build the necessary infrastructure. In the final construction phase, the plant would generate up to 43,000 metric tons of hydrogen annually, avoiding more than 400,000 metric tons of carbon dioxide. The electricity used for this comes primarily from northern #Germany and is generated exclusively from renewable sources, making it 100 percent green power.
The recently acquired plots of land have a total area of around 5.2 hectares. In addition, a further 1.1 hectares of land will be reserved for acquisition by APEX.
Statement https://is.gd/MQUANc
APEX acquires land in Germany to build up 600 MW hydrogen plant
