Hy2gen to develop green hydrogen and SAF facility in Jänschwalde.
In the Brandenburg municipality of Jänschwalde on the former airfield and future “Green Areal Lausitz” (GRAL), a plant for the production of green hydrogen and SAF (Sustainable Aviation Fuel) is to go into operation in 2027.
Hy2gen is now starting the first project phase with the property owner Euromovement Industriepark GmbH. The total investment volume of the project, which has been christened “JANGADA”, amounts to around € 500 million.
The Wiesbaden-based company Hy2gen operates internationally and specializes in the planning, construction and operation of plants for the production of green hydrogen and its derivatives.
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In cooperation with Euromovement Industriepark GmbH, Hy2gen plans to establish Jänschwalde as a production site for climate-neutral fuels. The expertise in the construction and operation of the plant comes from Hy2gen, the know-how in infrastructure and logistics from Euromovement.
The plant will mainly produce green hydrogen and SAF for use in aviation. The current preliminary study, in which all participants develop binding findings on feasibility, risks and benefits, will be followed by the FEED phase, which is scheduled to start in 2023.
The actual start of construction is scheduled for 2024, and production is scheduled to start in 2027. The initial electrolyser capacity is set at 123 megawatts.
Important impulses for structural development in Lusatia
Jörg Steinbach, Minister of Economic Affairs and Energy of the State of Brandenburg, says:
In order to achieve the climate protection goals, a reduction in greenhouse gas emissions in all sectors and industries is necessary.
“Climate-neutral hydrogen production and the production of green kerosene can become important elements in the mobility sector. The realization of such an innovative project can provide important impulses for structural development in Lusatia and further strengthen the energy state of Brandenburg as a technology and business location.”
Matthias Lisson, Managing Director of Hy2gen Germany, said:
Green hydrogen and, above all, green kerosene (SAF) are indispensable for the decarbonisation of aviation, especially for long-haul joiners.
“We are pleased to have found a strong partner in the region in Euromovement to work with us on this project and to produce fuel for aviation on the former airfield in Jänschwalde.”
Jochem Schöppler, Managing Partner of Euromovement, adds:
With Hy2gen’s investment decision, the Green Areal Lausitz project has found the right investor, as this company with its claim and philosophy supports the concept of an ecological industrial park one hundred percent.
Schöppler would particularly like to thank the municipality of Jänschwalde for its efforts to enforce a siding for the ecological industrial area. Because, according to Schöppler: “Without the determination of the community, the settlement of Hy2gen would not have been possible.”
Helmut Badtke, Mayor of Jänschwalde, said:
After a long uncertain future, a star of hope is now shining in the future sky for the former Jänschwalde-Drewitz airfield.
“After the first investor, energy4future, had already made the location decision, H2gen AG has now also decided on this location. Thanks to the commitment of Euromovement, I am delighted to see that the extraordinary cooperation is bearing fruit.”
“An industrial area will be created, called GRAIL, which as a pioneer meets the demands of today’s modern society and contributes an important part to the industrial transformation towards consistently sustainable production.”
“I find it regrettable that a corresponding commitment of our state government has so far been little to recognize. The industrial area is an important part of our future and I am grateful for the transparency of Euromovement and hope that more investors will be found in the foreseeable future.”
“On the part of the municipal council, everything is being done to pave the way for interested investors to settle.”
The Jangada project is the connecting platform and is open to extensions both by individual new partners and for connections with other projects.
About HY2GEN AG
Hy2gen AG, headquartered in Wiesbaden, germany, develops, finances, builds and operates plants worldwide for the production of green hydrogen and hydrogen-based e-fuels. These products are used to realize climate-neutral and competitive fuels and industrial solutions.
The first plants are built in France, Norway, Canada, Germany and the USA. Hy2gen’s goal is to become the market leader in the production of green hydrogen and green e-fuels for mobility, agriculture and industry.
The first-mover advantage of the company, which was founded in 2017, is underlined by a current project pipeline in planning and construction of 880 MW and a project pipeline of over 12 GW in development.
In the first financing rounds, Trafigura and other private investors have already invested in Hy2gen. Recently, with the entry of Hy24, mirova, CDPQ and Technip Energies, Hy2gen raised a further €200 million in investor funds for additional projects – the highest sum ever invested in this segment.
Production Of Green Kerosene On Former Airfield – Hy2gen Cooperates With Euromovement For Plant Engineering In Jänschwalde, Jänschwalde, 14 July 2022
