April 25, 2024

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Siemens begins hydrogen partnership

Siemens begins hydrogen partnership

Together with Nord/LB and Senco Hydrogen Capital, Siemens would like to boost consumption-based hydrogen production. (Photo: Siemens)

The project partners are currently working on identifying suitable sites and studying the profitability of the business concepts. Specifically, wind or photovoltaic systems are being sought that, through hydrogen generation, add a marketing option and other revenue. can be expanded.

The project partners primarily want to rely on wind and PV systems with a generation capacity of 5 to 15 MW, which can be implemented relatively quickly. Implementation of specific projects is scheduled to begin early next year.

“As a technology company, we look forward to working with two strong partners from the finance sector.”says Bernd Koch, chief technology officer for Energy Performance Services at Siemens Smart Investment in Germany. “In the course of several projects, we already have good experience with the technical and legal aspects of implementing H2 systems.”

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