Employer profile
hh2e
Impact-drivenPrivate SectorRenewable Energies & Environmental TechnologyClimate & Environmental Protection
About hh2e
hh2e is a German company founded in 2022, specializing in the development and operation of large-scale green hydrogen production plants. Its core mission is to accelerate the energy transition by converting renewable electricity into storable green hydrogen, green heat, and potentially e-fuels, thereby facilitating the decarbonization of industrial sectors. Despite being young, hh2e has rapidly become a significant player in Germany's green hydrogen economy, aiming to provide clean energy carriers for heavy industry and transport. The organization's business model is intrinsically linked to environmental, social, and governance (ESG) commitments, directly contributing to climate change mitigation and a sustainable energy future. Key projects include the HH2E-Werk Lubmin, Tharandt, and Waren, supported by substantial investments from Carlyle and Hy24.
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Sustainability Goals
Affordable & Clean Energy
Enabling access to storable green energy
The organization converts renewable electricity into green hydrogen, serving as a clean, storable energy carrier for industrial and transport sectors, thereby promoting a sustainable energy supply.
Building large-scale green hydrogen plants
HH2E develops and operates large production facilities, such as the HH2E-Werk Lubmin, to reliably generate green hydrogen and decarbonize the energy supply.
Climate Action
Driving decarbonization of industry and transport
By producing green hydrogen, HH2E assists industries in transitioning away from fossil fuels, significantly reducing CO2 emissions, and achieving critical climate targets.
Mitigating climate change with clean energy carriers
The organization's business model focuses on providing carbon-free energy carriers, directly contributing to global climate change mitigation strategies.
Industry, Innovation & Infrastructure
Creating innovative infrastructure for energy transition
HH2E invests in building large, resilient green hydrogen production plants, serving as innovative industrial infrastructure crucial for Germany's energy transition.
Advancing sustainable industrial transformation
The organization drives the development of Germany's green hydrogen economy, enabling heavy industry to adopt more sustainable processes.
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FAQs
Q1What is hh2e's core mission?
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Founded in 2022, hh2e's core mission is to accelerate the energy transition. The organization develops and operates large-scale green hydrogen production plants, green heat, and potentially e-fuels to drive the decarbonization of industrial sectors.
Q2How does hh2e contribute to sustainability and the SDGs?
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hh2e's business model is intrinsically linked to ESG commitments, as it produces carbon-free energy carriers. Converting intermittent renewable energy into green hydrogen directly contributes to reducing CO2 emissions, supporting climate action (SDG 13) and affordable and clean energy (SDG 7).
Q3Where does hh2e develop its major projects in Germany?
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hh2e focuses on establishing industrial-scale production facilities across Germany. Key projects include the HH2E-Werk Lubmin in Mecklenburg-Vorpommern, Tharandt in Saxony, and Waren, also in Mecklenburg-Vorpommern.
Q4How is hh2e financed?
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hh2e has secured substantial investments from leading global investors. This includes 250 million euros from Carlyle in March 2023, followed by an additional 50 million euros from the hydrogen-focused fund Hy24 in October 2023.
