Swiss technology group ABB Ltd (SWX:ABBN) announced on Monday that it joined France’s Lhyfe SA (EPA:LHYFE) and Germany-based Skyborn Renewables GmbH to develop a 600-MW green hydrogen project in Sweden.
The three partners have entered into a memorandum of understanding (MoU) in relation to the SoutH2Port project in the Swedish municipality of Söderhamn that is to be connected to a 1-GW offshore wind farm planned by Skyborn in nearby Storgrundet. The SoutH2Port project will have the capacity to produce about 240 tonnes of hydrogen annually.
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The newly-signed MoU outlines ABB’s role in the project as a provider of critical expertise with the goal of optimising the integration of hydrogen and electricity production across the entire ecosystem. The announcement notes that the project will support the decarbonisation of the energy system in Sweden, either directly with hydrogen supply or by further downstream production of refined fuels, including methanol, sustainable aviation fuel (SAF) or ammonia.
“Skyborn’s track record in offshore wind power, Lhyfe’s expertise in renewable hydrogen production coupled with ABB’s technological expertise creates new opportunities for enabling Power-to-X solutions linked with renewable hydrogen production at scale,” Taia Kronborg, co-founder and chief business officer at Lhyfe, commented in a statement.
