Expected to commence operation in 2028, H2 View understands the initial 500MW capacity is expected to be doubled with a later addition of another electrolyser unit, reaching GW of capacity.

TES announced plans to establish its Green Energy Hub at the port of Wilhelmshaven in March this year (2022), which it has since said could accommodate up to 2GW of capacity of electrolysers with renewable energy sources such as offshore wind to generate green hydrogen.

Read more: German port of Wilhelmshaven to be converted into a world-scale hydrogen hub

Under the new Memorandum of Understanding (MoU), the companies have said they will benefit from synergies such as the joint connection to the grid, and the utilisation of oxygen in other green energy processes.

“The signing of this MoU is a clear example of the progress underway for Wilhelmshaven to become a major green energy hub for all of Europe, which will not only import green energy but also generate locally produced hydrogen,” said Marco Alverà, CEO of TES.

“Alvera added, “We look forward to our collaboration with EWE in order to harness untapped energy potential and accelerate the transition to deliver affordable energy for all.”

In July, TES announced it had concluded its second fundraising round at €65m ($67.7m), attracting investors such as E.ON, HSBC, UniCredit, and Zodiac Maritime.

Read more: HSBC, UniCredit among investors backing TES’ green hydrogen plans with €65m

Dr. Urban Keussen, Chief Technical Officer at EWE, commented, “Without hydrogen there can be no energy transition, no climate neutrality, and no move away from fossil fuels. In order to fill the national hydrogen strategy with life and to advance the topic of hydrogen together, partnerships and suitable location concepts are needed.

“Wilhelmshaven, as an energy hub, plays a crucial role in this. Together with TES, we want to develop Wilhelmshaven with a focus on green hydrogen and contribute our know-how to the planned partnership.”