01/02/2024 – 9:30 am CET – Lhyfe (EURONEXT: LHYFE) a leading European producer of green and renewable hydrogen for transportation and industrial applications is building hydrogen production plant in Germany The site project is located on land in the harbour area of Niedersachsen Ports (NPorts) the largest public seaport operator in Germany The plant would be the first in the northern German region to make green hydrogen available to the wider market The groundbreaking ceremony for the production facility will take place today HR pictures of the Ceremony will be uploaded within the day on this link The plant will produce up to 1,150 tonnes of green hydrogen per year (installed electrolysis capacity of 10 MW) The electricity will come from wind and photovoltaic plants in the country Potential offtakers would include various industrial and mobility applications “We are delighted to be able to realise this 10 MW project It demonstrates the economic viability of hydrogen solutions in the transport and industrial sectors and supports the state of Lower Saxony in its ambitious goals of building a nationwide hydrogen infrastructure The port of Brake offers ideal conditions for the construction of green hydrogen plants This project is also an important signal for Lhyfe and the sign of our ambition to make the future of energy supply more sustainable Thanks to our many years of experience in the field of green and renewable hydrogen we are able to meet the growing local demand for clean hydrogen,” says Luc Graré Head of Central & Eastern Europe at Lhyfe we are also driving value creation in the region The local availability of green hydrogen will create new jobs and companies in the region will benefit from affordable clean hydrogen.” Lower Saxony Economics Minister Olaf Lies commented: “Today’s groundbreaking ceremony is a great success for the energy transition in our coastal region: it not only marks significant progress towards a sustainable energy supply but also a clear commitment to regional value creation and decarbonisation The port location of Brake offers ideal conditions for the production of renewable hydrogen we are not only strengthening regional development but also networking between industry and local stakeholders who are working together on innovative and sustainable solutions Many thanks for the support of all the partners who have made this ambitious project possible sustainability and regional strength and is an example of successful collaboration on the path to a comprehensive and sustainable transformation of our energy system.” “The decision to build a green hydrogen plant in the port of Brake is an important step towards regional decarbonisation I am delighted that Lhyfe is realising this together with us and at the same time I am very proud that we as the town of Brake (Unterweser) are positioning ourselves as a pioneer for clean energy technologies The project is helping to strengthen the local economy and our town in the long term,” says Michael Kurz “The availability of hydrogen locally creates new opportunities for companies and promotes the development of environmentally friendly technologies The port of Brake will become a hub for green innovation and sustainable growth I firmly believe that this initiative will lead not only our industry but also our region into a successful and low-carbon future.” The project in Lower Saxony will play a major role in decarbonising the industrial port complex and maritime transport our seaport of Brake has even more to offer This will enable the port industry to increasingly dispense with fossil fuels A broad network is served over short distances We see this as an important contribution to the energy transition and circular economy in the region The port of Brake offers the complete package including the available space and trimodal connections to rail We look forward to working together to develop the site’s sustainable future,” explains Holger Banik Managing Director of Niedersachsen Ports GmbH & Co KG and JadeWeserPort Realisierungs GmbH & Co The project represents a further milestone in the market ramp-up of green hydrogen and is embedded in the region’s local value creation thanks to the diverse areas of application in mobility and industry Lhyfe recently announced the start of construction of the largest hydrogen production plant in Baden-Württemberg The ground-breaking ceremony of this 10 MW production plant took place in October Lhyfe produces green and renewable hydrogen by water electrolysis in production facilities powered by renewable energy The company’s first site has already been in operation since the second half of 2021 while two other sites in France were inaugurated in December 2023 Several other sites are currently under construction across Europe (France For an interview with the spokespersons, please contact the press department. Click to access the Lhyfe Media Kit (press kit and visuals) Lhyfe is a European group devoted to energy transition and a producer and supplier of green and renewable hydrogen Its production sites and portfolio of projects intend to provide access to green and renewable hydrogen in industrial quantities and enable the creation of a virtuous energy model capable of decarbonising entire sectors of industry and transport Investor Relations : LHYFE – Yoann Nguyen | investors@lhyfe.com