Germany-headed electro-fuel developer financier, builder, owner, and operator Hy2gen AG (Hy2gen) has announced the successful acquisition of compatriot kiwi AG in Werlte, Lower Saxony. The acquisition includes what is currently the world's largest operating power-to-eMethane plant.
According to a statement, the integration of kiwi marks an important milestone for Hy2gen, as it means the internationally active company is now entering into the production of renewable hydrogen and derivatives, such as renewable natural gas (RNG) and renewable liquefied natural gas (bioLNG).
This also gives Hy2gen access to a pipeline of further projects with a total capacity of 300 MW for electrolysis and methanation.
Hy2gen now has the opportunity to utilize kiwi’s already established industry connections and expand them further to maintain its position at the forefront of the renewable hydrogen market.
Today is an important day for Hy2gen AG as we are now starting to produce hydrogen molecules. kiwi AG can look back on ten years of experience in the hydrogen market, in which time they have built and operated a truly pioneering plant. The integration of kiwi AG into Hy2gen AG allows us to benefit from their technical expertise and brings us a lot closer to our goal of becoming an independent market leader in the production of renewable hydrogen and its derivatives, said Cyril Dufau-Sansot, CEO at Hy2gen.
Pioneering power-to-gas project in Lower Saxony
The kiwi plant in Werlte, formerly Audi e-Gas, is located not far from another Hy2gen project in Friesoythe.
It is expected that the production of renewable hydrogen and renewable methanol, which is mainly used to decarbonize shipping, will begin in Friesoythe in the fourth quarter of 2027 under the project name NAUTILUS.
Both sites in the north-west of Lower Saxony are strategically very important given their proximity to various North Sea ports. This ensures rapid product sales to international customers.
I am delighted that the first plant that we are using for production in Germany, Werlte, is currently the world’s largest operating power-to-eMethane plant. The acquisition of the plant also enables us to expand our product portfolio from renewable hydrogen, renewable ammonia, e-methanol, e-methane, and e-kerosene to include renewable natural gas and liquefied natural gas. We have already received a commitment from our renowned partner, Plug Power, to purchase the full production volume. I need to mention that production processes will be maintained and that we will continue to rely on the expertise of all our employees, said Matthias Lisson, Country Manager for the DACH region at Hy2gen.
