Business Blockbuster - Helpng business to be more visible on Google

Business Daily Media


.

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

International Street Work Conference 2026 Concludes Following Hong Kong Debut

Delegates from 40 Countries and Regions Discuss Emerging Youth Challenges and Strengthen Cross-Sector Collaboration HONG KONG SAR - Media OutReach Newswire - 11 November 2026 - The International S...

WellEra and Capella Bring Together the Science of Wellness and the Art of Hospitality at Thailand’s First Capella-Branded Residences

WellEra’s vision for wellness-led residential living takes form through the Capella-branded residences, where BDMS’ expertise in preventive healthcare and scientific wellness meets Capella’s design...

HKSTP Achieves Fruitful Success at Inaugural Participation in Singapore Urban Mobility Week 2026

Leading 10 Park Companies to Expand Overseas and Deepen Collaboration with SingaporeHONG KONG SAR– Media OutReach Newswire – 11 November 2026 – Hong Kong Science and Technology Parks Corporation (...

NANO Nuclear to Hold Fourth Quarter Business Update Webcast on November 30, 2026

New York, US - Newsfile Corp. - November 11, 2026 - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology compa...

TCMA Advances "Reimagining Carbon" to Turn CO₂ into New Economic Opportunities

Connecting Innovation and Partnerships to Accelerate Thailand’s Cement Industry toward Net Zero 2050BANGKOK, THAILAND – Media OutReach Newswire – 11 November 2026 – The Thai Cement Manufacturers ...

Eternal Beauty Holdings Releases the "2026 Hong Kong Daily Mood Index and Fragrance Trends White Paper"

Hong Kong Daily Mood Index Stands at 54.5; Over 80% of Respondents Report a Positive Impact of Fragrance on MoodHONG KONG SAR - Media OutReach Newswire - 11 November 2026 - Eternal Beauty Holdings...

SHARP and ALPRO Pharmacy Introduce MIRAI Living to Champion Healthier Lifestyles for Malaysians

A strategic corporate collaboration combining SHARP's technology capabilities and ALPRO Pharmacy's healthcare expertise to strengthen health awareness and encourage healthier choices across everyda...

AutoSwift secures close to A$10 million from Singapore’s X Star Technology to scale AI WINGMAN

SYDNEY, AUSTRALIA – Media OutReach Newswire – 10 November 2026 – AutoSwift, the Australian developer of automotive artificial intelligence platform AI WINGMAN by AutoSwift ("AI WINGMAN"), has sec...

Porsche Design Tower Bangkok Achieves LEED® Gold Precertification

Recognition under the U.S. Green Building Council's rating system confirms the 22-residence tower is on track for full certification on completion BANGKOK, THAILAND - Media OutReach Newswire - 10 ...

KELE Takes a Taste of Singapore to Japan with Japan Airlines

SINGAPORE - Media OutReach Newswire - 10 November 2026 - KELE, the Singapore heritage brand known for its famed pineapple tarts, has partnered with Japan Airlines (JAL) to introduce authentic Sing...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...