Lhyfe and Schaeffler enter cooperation agreement to build industrial green hydrogen plant in Germany
12/19/2022
Green hydrogen producer Lhyfe and Schaeffler, a leading global supplier to the automotive and industrial sectors, have signed an agreement to boost green hydrogen production in Bavaria (Germany). The plan is to build and operate an electrolysis plant on Schaeffler’s factory premises in Herzogenaurach, Franconia with a capacity of up to 15 megawatts. Other regional players will also be supplied with green hydrogen from the plant at Schaeffler. Lhyfe, one of the world’s leading producers of green hydrogen, and the Schaeffler Group, a leading global supplier to the automotive and industrial sectors, have agreed on a Letter of Intent (LoI) for the production and purchase of green hydrogen. The