LEAG, a German energy company, has secured approximately EUR 58 million (USD 63.01m) in EU funding to advance the development of a significant hydrogen production and storage complex in Lusatia, the eastern German mining region.
The funding for the H2UB Boxberg project, handed over by Saxony's State Minister for Regional Development, Thomas Schmidt, to LEAG's board member, Joerg Waniek, underscores the collaborative effort towards sustainable energy initiatives.
Planned in Boxberg, Saxony, the energy complex will house an electrolyser capable of producing around two tonnes of hydrogen per hour, coupled with a storage facility accommodating up to 60 tonnes of hydrogen.
LEAG's initiative represents a crucial step in the region's transition to green energy solutions, aiming to utilize hydrogen to generate electricity through fuel cells, thus reducing carbon emissions.
Initially, the hydrogen power plant will have a capacity of 10 MW, with provisions for expansion to 500 MW, alongside plans to supply hydrogen to industrial clients.
The project also includes the construction of a GigaBattery storage park, expected to reach a storage capacity of 1,250 MWh by 2030, utilizing lithium-ion batteries, iron redox flow batteries, and solid-flow batteries.
Scheduled to commence operations in 2029, the H2UB Boxberg project aligns with LEAG's GigawattFactory programme, aiming to significantly increase green electricity generation in Lusatia by 2030 and 2040.
