In France, Lhyfe and Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal.
Under the terms of the agreement, the two companies will work together to create hydrogen production sites at some of the offshore wind farm sites currently being developed by Capital Energy.
The collaboration agreement signed between Capital Energy and Lhyfe could be extended to other markets in the future, the companies said.
Taia Kronborg, Chief Business Officer at Lhyfe said: “This agreement with Capital Energy is a tremendous opportunity to foster the transition to clean energy through the large-scale production of green hydrogen at sea. Producing hydrogen via electrolysis at sea will maximize the immense potential of offshore wind energy. Countries with a coastline, such as Spain and Portugal, can drastically reduce their dependence on fossil fuels and improve their national energy security, while producing net-zero emissions and boosting local economies.”
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