- Press Releases
September 16 (Renewables Now) - HyCC BV, a Dutch electrolysis joint venture between European electrochemical company Nobian and Macquarie’s Green Investment Group (GIG), has teamed up with German gas company VNG AG to co-develop large-scale green hydrogen production in Central Germany.
The two partners have entered into a memorandum of understanding (MoU) that outlines their intention to decarbonise industries in the region through the use of green hydrogen.
HyCC said in a statement that the duo will launch a study on the technical feasibility and potential of green hydrogen production for this particular purpose. The goal is to develop at least one industrial-scale project in Central Germany over the next three to five years.
“We need industrial scale solutions in hydrogen to support the German energy transition. Our home region in Central Germany is the ideal location for this. So now as VNG we are taking another significant step ahead from our natural gas basis with green gases,” said Ulf Heitmueller, CEO of VNG AG.