Lhyfe and Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal.
Under 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 Spanish energy company already has a development pipeline of more than 7.5 gigawatts (GW) in both countries. The collaboration agreement signed between Capital Energy and Lhyfe could be extended to other markets in the future.
Lhyfe has had an operational prototype of its Sealhyfe for the production of green hydrogen in France since September 2022. The company aims to have 200 MW of green hydrogen production capacity by the end of 2026 and 3 GW by the end of 2030.
