Lhyfe Secures €11M Grant to Build Sweden’s Green Hydrogen Hub In a major step towards a greener future, Lhyfe has secured up to €11 million in funding to construct a state-of-the-art renewable hydrogen production facility in southern Sweden. This initiative will play a crucial role in decarbonizing transport and industry, reinforcing Sweden’s commitment to clean energy. A Strategic Investment for a Sustainable Sweden The funding comes from Klimatklivet, an investment program supported by the Swedish Environmental Protection Agency and co-financed by the European Union. The new green hydrogen plant will be located in Vaggeryd, Jönköping County, a strategic location between Stockholm, Gothenburg, and Malmö. The site is near key transport hubs, including the E4 motorway and national road 40, making it an ideal hydrogen distribution center. Driving the Green Transition in Transport & Industry As Sweden pushes towards a low-carbon transport sector, hydrogen-powered vehicles will play a crucial role in reducing emissions. Lhyfe’s facility in Vaggeryd will supply renewable hydrogen to the many refueling stations under construction, creating a network of hydrogen supply along major transport corridors. But the benefits go beyond just transportation. The hydrogen produced will also serve industrial sectors, helping businesses transition to cleaner heating and production processes, ultimately reducing Sweden’s reliance on fossil fuels. Powering the Future: 4.4 Tonnes of Green Hydrogen Daily The Vaggeryd facility will boast a 10MW electrolyser capacity, allowing it to produce up to 4.4 tonnes of green hydrogen per day. This significant production volume will help meet Sweden’s growing demand for clean energy, supporting the country’s ambitious net-zero emissions goals. The first kilograms of renewable hydrogen are expected to be produced in 2027. A Milestone in Lhyfe’s Swedish Expansion This announcement follows Lhyfe’s previous grant from Klimatklivet in June 2024, which funded an equally large hydrogen plant in Trelleborg. With these two major projects, Lhyfe is cementing its presence in Sweden’s green hydrogen market, ensuring a strong and competitive supply solution for hydrogen customers. Maximizing Efficiency with District Heating Lhyfe is taking sustainability one step further by utilizing the waste heat generated during hydrogen production in the existing district heating network in Vaggeryd. This smart energy integration further enhances efficiency and sustainability, reinforcing Lhyfe’s commitment to circular energy solutions. Leadership Insights 💬 Sara Wihlborg, Sweden Manager at Lhyfe, emphasized the significance of this funding: “We are delighted to have been awarded this investment support, marking our second project in Sweden to receive backing from Klimatklivet. Green hydrogen is a key enabler in the transition, strengthening the competitiveness of Swedish industry while increasing domestic energy security with locally produced energy.” “Additionally, the waste heat generated during the production process will be utilized in the existing district heating network in Vaggeryd. Lhyfe already delivers green hydrogen to industrial customers in Sweden, and with these two facilities now granted Klimatklivet support, we ensure a robust and competitive supply solution for green hydrogen moving forward.” Sweden’s Green Hydrogen Future is Bright This funding marks another huge step forward for Sweden’s clean energy ambitions. With hydrogen infrastructure rapidly expanding, the country is on track to become a leader in renewable hydrogen production, cutting emissions while bolstering energy independence. Key Takeaways: ✅ €11M grant from Klimatklivet for Lhyfe’s hydrogen facility in Vaggeryd ✅ Strategic location near key transport routes & logistics hubs ✅ 4.4 tonnes of renewable hydrogen to be produced daily ✅ Supports both transport & industrial sectors in Sweden’s green transition ✅ Expected production start: 2027 Sweden is charging ahead toward a cleaner, hydrogen-powered future—and Lhyfe is leading the way! #GreenHydrogen #SustainableEnergy #NetZero #HydrogenRevolution #CleanTransport #RenewableEnergy #SwedenEnergy #Lhyfe #ClimateAction
Prime Capital Secures €250M Deal To Power Spain’s Solar Future!
Powering Spain’s Green Future: Prime Capital & Fuyo General Lease Secure €46M Solar Financing In a major boost for Spain’s renewable energy sector, Prime Capital and Fuyo General Lease have successfully closed a €46 million debt financing deal to support the construction and operation of a 250MW solar portfolio owned by ABEI Energy. A Strategic Green Investment in Spain The financing agreement secures funding for five large-scale solar projects across Cadiz (Andalucia), Valladolid, and Zamora (Castilla-Leon)—all of which are set to be fully operational by early 2026. This milestone underscores the growing momentum of sustainable investment in European renewables. A Strong Partnership for a Greener Tomorrow This financing deal is fully backed by funds managed by Prime Capital and Fuyo General Lease, reinforcing their shared commitment to accelerating the clean energy transition. 💬 Ivan Barahona Leon, COO of ABEI Energy, emphasized the strategic importance of this agreement: “This agreement reinforces ABEI’s commitment to becoming a key Independent Power Producer (IPP), improving our financial position with long-term operational assets. We are honored to collaborate with Prime Capital and to attract investment from a leading institutional player from Japan.” 💬 Yuto Kanai, Head of European Renewable Energy Investment at Fuyo Lease Europe, added: “European renewables are a major asset class for us. We are delighted to support ABEI Energy in becoming a leading IPP and proud to have reached this significant milestone with our new partners.” 💬 Stefan Futschik, Head of Private Debt at Prime Capital, highlighted the transaction’s significance: “This marks our first collaboration with a major Japanese investor, our third solar PV HoldCo financing in Spain, and strengthens our infrastructure debt track record beyond €1.3 billion.” Accelerating the European Renewable Revolution This investment solidifies Spain’s position as a renewable energy powerhouse while advancing Europe’s goal of carbon neutrality. As global interest in green infrastructure and clean energy continues to grow, collaborations like these pave the way for a sustainable future.#RenewableEnergy #GreenFinance #SolarPower #SustainableInvesting #EnergyTransition #SpainSolar #CleanEnergy #Sustainability
NZ’s Groundbreaking Solar Project Secures Funding For A Brighter Future
New Zealand’s Solar Future: Harmony Energy & First Renewables Secure Funding for Groundbreaking 150MW Solar Project New Zealand is one step closer to a cleaner, greener future! Harmony Energy and First Renewables have officially reached financial close on their ambitious 150MW Tauhei Solar Project, setting the stage for one of the country’s largest renewable energy ventures. Construction Begins in 2024! Located on a 182-hectare site near Te Aroha, North Island, the solar park will begin construction this year. When fully operational by the end of 2026, its capacity will expand to 202MW, supplying sustainable energy to thousands of homes and businesses. Powering Jobs & Economy The project’s two-year construction phase will generate around 350 jobs at peak, offering significant employment opportunities for local workers. Once completed, it will also create permanent roles, contributing to New Zealand’s growing green energy sector. Key Partners & Financial Backing The Tauhei Solar Project is backed by a consortium of leading banks, including ANZ, ASB, BNZ, and MUFG Bank. In a significant move, Meridian Energy has secured a 10-year agreement to purchase 100% of the solar park’s output, ensuring its contribution to the national grid. Sustainability at its Core Beyond energy generation, the project will actively support environmental conservation: ✅ 120,000+ native plants will be planted to enhance biodiversity ✅ Agricultural use will be maintained, transitioning from dairy to sheep farming, which will thrive under the shelter of solar panels ✅ The park will connect to Transpower’s 110kV grid via the Waihou substation, ensuring seamless national integration A Brighter Tomorrow With clean energy, job creation, and environmental responsibility at its heart, the Tauhei Solar Project represents a major milestone in New Zealand’s transition to renewable energy. This is not just a solar farm—it’s a step toward energy independence and a sustainable future! #SolarEnergy #RenewableFuture #SustainableNZ #GreenEnergy #HarmonyEnergy #FirstRenewables #CleanPower #ClimateAction #SolarInnovation #TauheiSolarPark 📢 What do you think about New Zealand’s push for more renewable energy? Drop your thoughts in the comments! 👇👇