Lhyfe and EDP Renewables have signed a PPA for 55MW solar farm in Germany.
The duo inked a renewable electricity supply contract where Lhyfe will buy output from EDPR’s solar farm project.
The solar farm is being developed through Kronos Solar EDPR. The farm is likely to be connected to the grid by 2025.
As per the companies, “this PPA is part of the industrial agreement between the two companies, in which it was agreed that EDPR will supply renewable electricity to Lhyfe's hydrogen generation projects.”
The companies have committed to explore opportunities for the co-development of projects to decarbonise challenging sectors, a local report mentioned.
Lhyfe informed that this partnership will enable it to secure the renewable power supply for other projects in future. In particular, it has been eyeing green hydrogen production sites in Germany.
Lhyfe is already building two production units with a maximum total production capacity of 8 tonnes of green and renewable hydrogen per day in Baden-Wurttemberg and in Lower Saxony. This generated green hydrogen will be supplied locally for industrial processes.