The federal government and the state of Mecklenburg-Western Pomerania are supporting the expansion of the hydrogen infrastructure with a three-digit million amount.

Rostock - Berlin-- H2APEX from Rostock will build a 100 MW electrolysis plant for the production of green hydrogen at its Rostock-Laage site by 2027. The Federal Minister for Economic Affairs and Climate Protection, Dr. Robert Habeck, presented the official funding notice to the management of H2APEX today in Berlin (see photo). The project is part of the East German hydrogen hub "doing hydrogen" and is supported with funds from the European IPCEI (Important Project of Common European Interest) funding as part of the "Hy2Infra" wave. The expected investment volume for the plant amounts to around 213 million euros, of which the federal government is supporting with 117 million euros and the state of MV with 50.2 million euros.

The aim of "doing hydrogen" is to create a strong platform for the hydrogen economy in eastern Germany that connects innovative producers, gas network operators and large consumers. The north of Germany acts as a center for hydrogen imports and hydrogen production. The electrolysis plant to be built by H2APEX will thus become part of the producer community in the north. In order to be able to transport the quantities of hydrogen produced southwards, other partners in the "doing hydrogen" project are converting pipelines for hydrogen transport so that from 2027 significant quantities can be transported from Mecklenburg-Western Pomerania to the greater Berlin area, Eisenhüttenstadt and Leipzig-Leuna, via connections to the Flow Pipeline and Green Octopus to all metropolitan areas in Germany.

H2APEX's 100 MW electrolysis plant in Rostock-Laage will have a production capacity of more than 7,500 tons of green hydrogen per year, which corresponds to a CO2 saving of around 85,000 tons. After its planned completion in 2027, the plant will be operated on site by H2APEX itself and, according to current expectations, will generate a high double-digit million euro amount in annual recurring revenue from hydrogen, heat and certificate sales.

For the implementation of this major project, which will play a significant role in the German hydrogen infrastructure, H2APEX was the only SME selected by the Federal Ministry for Economic Affairs and Climate Protection as one of a total of 24 major projects across Germany to benefit from IPCEI funding, Wave HY2Infra.

Roland Lienau, Peter Rößner, Bert Althaus: "The IPCEI project is both an accolade and a vote of confidence for H2APEX. It is one of the most important and significant projects in current business development," says Peter Rößner, CEO of H2APEX, adding: "It is particularly important to us to generate added value, especially in Mecklenburg-Western Pomerania. Axel Funke, CTO of H2APEX, explains: "MV is not necessarily known for large-scale industrial plants. We at H2APEX are proud to be making our contribution to building the hydrogen industry in MV."

About H2APEX

H2APEX is a merger of the H2APEX Group SCA (ISIN LU0472835155, WKN A0YF5P, previously known as exceet Group SCA), listed in the Prime Standard of the Frankfurt Stock Exchange, and the hydrogen specialist APEX Group. Together, the companies operate under the H2APEX brand. The operational core of H2APEX was founded in Rostock/Laage in 2000 and has focused entirely on clean hydrogen production, storage and distribution since 2012. This makes the company one of the pioneers in this field. H2APEX's goal is to become an internationally established developer and operator of hydrogen plants. In its core business, H2APEX develops, builds and sells or operates green hydrogen plants with an electrolysis capacity of less than 1 GW. These are used to decarbonize industrial value chains and produce green hydrogen and hydrogen derivatives such as LOHC (liquid organic hydrogen carriers) and e-fuels. They are used, for example, in the steel, chemical and cement industries as well as other energy-intensive industries. The company also offers systems for infrastructure and logistics, especially for industrial use in warehouses, ports and production facilities.

INPEX Advances FEED for Blue Hydrogen Project in Japan