HH2E and Gebrüder Karstens Sign Contract for Major Green Hydrogen Production Plant in Lubmin – one of Europe’s largest
Lubmin/Berlin, 22.08.2024
In a significant step forward for establishing green hydrogen production in Germany, HH2E has signed a contract with Gebrüder Karstens Bauunternehmung GmbH for the construction of its flagship green hydrogen plant in Lubmin, Germany. This project is set to become one of the largest green hydrogen production facilities in Europe.
The contract, valued at approximately 45 million euros, entrusts the family-owned company from the city of Waren an der Müritz with all structural and civil engineering work for the Lubmin plant. Gebrüder Karstens will collaborate with regional partners, thereby contributing to local economic development and reinforcing the value chain within Mecklenburg-Vorpommern.
This agreement marks a major milestone for HH2E, as it is the first construction contract awarded for their pioneering green hydrogen production facilities. HH2E is rolling out an ambitious plan to develop scalable hydrogen production projects across Germany, with each site starting at an initial capacity of 100 megawatts and scalable up to 1 gigawatt. The company aims to establish at least 4 gigawatts of green hydrogen production capacity in Germany by 2030.
Construction of the Lubmin plant is expected to commence following the approval of the project under the German Federal Immission Control Act (BImschG) and the final investment decision by HH2E shareholders.
About HH2E
HH2E is a new green energy company in Germany founded to bring about immediate change. Its technology mix can convert a variable input of solar or wind energy into a constant flow of competitively priced green hydrogen, heat and carbon-free electricity to power local industries and communities. In 2022 it agreed a financing deal with institutional investors to develop a platform of sites in Germany, aiming for a total of 4 GW capacity by 2030. The company is poised to become one of the largest producers of green hydrogen in Germany. Learn more about the company, technology, projects and career opportunities at www.hh2e.com
About Gebrüder Karstens Bauunternehmung
Founded in 1991, Gebrüder Karstens Bauunternehmung is part of the Karstens Group, which can look back on over 85 years of experience in building construction and civil engineering. The origins of the family business go back to Heinrich Karstens Bauunternehmung in Kiel, which was founded in 1938. The group of companies, which is active in Schleswig-Holstein, Hamburg and Mecklenburg-Vorpommern in the fields of industrial and residential construction as well as infrastructure, owes its success to a dedicated team, state-of-the-art technology and a consistent focus on customer satisfaction. The environmental technology division of Gebrüder Karstens Bauunternehmung develops innovative solutions to enable resource-conserving handling and recycling of construction materials. We are committed to the environment responsibility by reducing pollutants in our projects and using sustainable building materials. More info at: https://www.gebrueder-karstens.de