Business Daily Media

Men's Weekly

.

ABB collaborates with Lhyfe and Skyborn on one of Europe’s largest renewable hydrogen projects

HAMBURG, GERMANY - EQS Newswire - 8 May 2023

  • Together with Lhyfe and Skyborn, ABB will drive large-scale integration of production of offshore wind renewable hydrogen into the energy system in the SoutH2Port project.
  • Powered by Skyborn's planned Storgrundet offshore wind farm, the plant in Söderhamn, Sweden, will produce around 240 tons of hydrogen per day, equivalent of around 1.8 million barrels of oil per annum.
  • ABB will apply critical expertise to optimize the integration of the hydrogen and electricity production across entire ecosystem including automation, electrical and digital technologies.


ABB is collaborating with Lhyfe, a world pioneer in the production of renewable hydrogen, and Skyborn, a global leader in renewable energy, to jointly realize and optimize one of Europe's most ambitious renewable hydrogen projects ever, SoutH2Port.

The project is to be located in close proximity to Skyborns' 1 GW offshore wind farm Storgrundet in Söderhamn, Sweden, where Skyborn and Lhyfe recently entered a sales purchase agreement with Stora Enso for an industry property of around 40 hectares. Fully operational, SoutH2port is expected to produce about 240 tons of hydrogen per day, with an installed capacity of 600 MW, making it one of the largest suppliers of renewable hydrogen in Europe.

"This collaboration is a key part of our strategy in both the hydrogen and offshore wind markets," said Brandon Spencer, President of ABB Energy Industries. "Creating a seamless supply chain, through partnerships such as these, is essential to accelerate the energy transition. Hydrogen plays a crucial role in helping achieve the world's climate goals when it comes to decarbonizing the industrial and transportation sectors."

As part of the Memorandum of Understanding signed between the companies, ABB will apply critical expertise to optimize the integration of the hydrogen and electricity production across the entire ecosystem including automation, electrical and digital technologies and drive the development of scalable, commercial energy transition projects in and around the region. The aim is to explore opportunities to tie-in Power-to-X conversion technologies turning renewably sourced electricity into carbon-neutral energy carriers, such as hydrogen, and storing the energy for later use.

"We are delighted to have such a global technology leader as ABB joining our collaboration with Lhyfe for the development of the South2Port Power-to-X project. This is clearly a strategic move for the project, and we believe that the collaboration will enable us to accelerate our high ambitions in the region," said Achim Berge Olsen, Chairman of Skyborn Renewables Sweden.

"By combining our expertise and solutions, we can cost-effectively and safely expand the value creation attached to the scale up of renewable hydrogen production," said Taia Kronborg, Co-founder and Chief Business Officer på Lhyfe. "Skyborn's track record in offshore wind power, Lhyfe's expertise in renewable hydrogen production coupled with ABB's technological expertise creates new opportunities for enabling Power-to-X solutions linked with renewable hydrogen production at scale."

The new plant will support the decarbonization of the Swedish energy system, either directly with hydrogen supply or by further downstream production of refined fuels such as methanol, sustainable aviation fuel or ammonia – contributing to the government's plans to become the world's first fossil-free well fare country by 2045. SoutH2port will also further contribute to boosting the attractiveness and competitiveness of the region and local society through the creation of new jobs and business opportunities.

Skyborn is an accomplished offshore wind developer and operator with more than 20 years' experience. The company`s capabilities cover the entire offshore wind value chain, including greenfield development, engineering and design, procurement, financing, corporate power purchase agreements, construction management and asset management. Headquartered in Germany, the company is present in Europe and APAC. For more information, visitwww.skybornrenewables.com

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company's solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB's ~105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com

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 decarbonizing entire sectors of industry and transport. In 2021, Lhyfe inaugurated the first industrial-scale green hydrogen production plant in the world to be interconnected with a wind farm. In 2022, Lhyfe inaugurated the first offshore green hydrogen production pilot platform in the world. Lhyfe is represented in 11 European countries and has 149 staff at the end of 2022. The company is listed on the Euronext market in Paris. www.lhyfe.com
Hashtag: #ABB

The issuer is solely responsible for the content of this announcement.

News from Asia

Pharm-D Health Science’s ELDON formalises brand ambassador partnership with Malaysian media personalities Chan Fong and Henley Hii as Brand earns Malaysia Book of Records recognition

MoU signing and Malaysia Book of Records recognition underscore sustained consumer trust for ELDON, at a time when Malaysians are paying closer attention to sleep, stress and lifestyle balance KUA...

1win and MMA Legend Jon Jones Fulfill Over 100 Wishes in Global Holiday Initiative

WILLEMSTAD, CURAÇAO - Media OutReach Newswire - 6 January 2026 - 1win Charity, together with MMA legend Jon Jones, has successfully concluded its global campaign 1wish Season – a holiday initiati...

Allianz Risk Barometer 2026: Cyber remains top business risk but AI fastest riser at #2 in Asia Pacific

Cyber, especially ransomware attacks, ranks as the #1 risk for companies of all sizes (36% of responses) Artificial Intelligence is the biggest riser and jumps from #...

Shape the Era, Pioneer the Times — Ge Jun 2026 New Year Eve’s Talk Opens in Guangzhou, Offering Forward-Looking Perspectives for Entrepreneurs

HONG KONG SAR - Media OutReach Newswire - 14 January 2026 - Initiated by Ge Jun, Chairman and CEO of TOJOY Enterprise Services, Shape the Era, Pioneer the Times — Ge Jun 2026 New Year Eve's Talk ...

Dusit records all-time high hotel signings in 2025, positions for a strong year of openings in 2026

Landmark deals across India, Japan, the Maldives, the Middle East, and Southeast Asia underscore strong developer confidence and the enduring appeal of Dusit’s diversified brand portfolio. BANGKOK...

Kryston Catering Launches Year of the Golden Horse Collection for Seamless Reunion Celebrations

From intimate family dinners to grand corporate feasts, Kryston's Chinese New Year menus bring abundance and prosperity to every table. Let the spirit of reunion take centre stage while hosts embra...

Flyer King Repositions Its Brand for 2026, Launches New Slogan

“The First Choice for Brand Event Planning” to Lead Integrated Service Upgrade** HONG KONG SAR - Media OutReach Newswire - 14 January 2026 - Founded in 2013 with a focus on street promotions and f...

Xtep Expands Overseas: Deep Restructuring of Malaysian Channels Marks Entry into Intensive Global Strategy Phase

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 14 January 2026 - Running shoes brand Xtep has announced that it will form a joint venture with Bonia, a distributor with over 50 years of market...

Bolton opens its first "Bolton Food Research & Innovation Center" to advance innovation and science towards a more sustainable seafood industry

SINGAPORE - Media OutReach Newswire - 14 January 2026 - Bolton, with its Food Business Unit, has inaugurated today its first Research & Innovation Center, marking a major milestone in its long...

SL Aesthetic Group Celebrates 22 Years of Growth and Innovation Across Singapore and Southeast Asia

SINGAPORE - Media OutReach Newswire - 12 January 2026 - SL Aesthetic Group celebrates its 22nd anniversary, marking its growth from a single clinic into a multi-brand medical aesthetics and health...

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...