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German investors plan to invest over a billion euros in hydrogen production in Ukraine

Ukraine

In Sumy region, more than a billion euros are invested in the construction of wind turbines with hydrogen production.

German investors plan to invest over a billion euros in hydrogen production in Ukraine

German investors plan to invest over a billion euros in a wind turbine plant in Belopolye to produce "green" hydrogen. According to investors, this will be a modern production facility. Wind turbines will produce up to 2 tons of hydrogen per hour.

“Germany has nominated Ukraine as its strategic partner for the production and export of hydrogen. And Belopillya has excellent infrastructure, there is a railway, so there is an opportunity to organize the export of hydrogen abroad, "said Olaf Knappé, a member of the Administrative Council of the ESE Invesment AG Investment Fund (Principality of Liechtenstein).

German investors have planned a closed production cycle, so they also want to produce equipment for wind turbines in the Sumy region - in Krolevtsi. Such equipment, namely blades for generators, will be used both for the needs of the region and for export.

In addition, during the meeting they discussed the possibilities of producing modern batteries, lamps for street lighting, buses, hydrogen is used instead of fuel, etc.

“We provide funding, our technologies - from you only organizational issues, assistance in obtaining appropriate permits, etc.,” added Mr. Olaf.

The Germans are planning to build a solar power plant in Trostyanets; in Shostka and Krolevtsi - bioelectric power plants, creating 100 jobs.

According to the mayor of Trostyanets, preparatory work has already begun for the construction of a solar station on an area of ​​9 hectares. German investors are already bringing solar panels to the site. 32 trucks of cargo in total. In a matter of days, about 50 workers will start work.

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