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H2APEX Energy GmbH is advancing the 'WAL - Hydrogen from Lubmin' project, a large-scale hydrogen initiative in Germany, under a PMC contract. This project, with a capacity of 100 MW, is part of an IPCEI initiative and aims to enhance the green hydrogen market.

GHS2, the project company, will manage project assets and governance. The PMC contract follows a successful partnership between H2APEX and CIP, solidifying responsibilities for ownership and project management. The initiative is expected to provide predictable revenues in 2026 and improve scheduling and cost control.