Luxcara and Hamburger Energiewerke will establish the Hamburg Green Hydrogen Hub at the Hamburg-Moorburg power plant site. Here, wind and solar power will become green hydrogen. The plan is to build an electrolyser with a capacity of 100 megawatts and the potential for further expansion. It supplies hydrogen to industries and the port as well as applications in transport in Hamburg and the surrounding area.  

Luxcara is an independent asset manager offering equity and debt investment opportunities to international investors in the global clean energy market. The Hamburg based company was founded in 2009 and acquires, structures, finances and operates clean energy infrastructure projects as a long-term buy-and-hold investor. Luxcara’s longstanding focus on un-subsidized markets has made the company of one Europe’s most prominent investors in projects with long-term power purchase agreements. The company’s portfolio includes clean infrastructure across Europe with a total capacity of around 6 GW and an investment volume of about EUR 6 bn. This track record, dating back to 2009, makes Luxcara one of the continent’s most experienced asset managers for clean energy investments.
‍
Hamburger Energiewerke is a municipal company that supplies around 500,000 residential units in Hamburg with local district heating for heating and hot water. By 2030, the company wants to completely dispense with heat from coal combustion and is relying primarily on the consistent use of existing waste heat from industry, waste water, waste recycling - and in the future from electrolysis. The company supplies a heat output of around 1,800 megawatts through the 850-kilometre-long pipeline system and achieves a heat sales volume of 4,000 gigawatt hours. Its share of the Hamburg heating market is about 25 per cent.