Deals Counterparts

Shell secures power for German hydrogen electrolyser

Ppa HydrogenOffshore WindSolarGreen HydrogenSolar Pv signed Germany Feb 20, 2026
100 MW
Capacity
construction
Stage
REFHYNE II electrolyser
Project

Shell Energy Europe has signed two power purchase agreements (PPAs) to secure renewable electricity for a hydrogen electrolyser at the Shell Energy and Chemicals Park Rheinland in Germany. The electrolyser, funded by the REFHYNE II project, aims to produce up to 44 tonnes of renewable hydrogen per day to decarbonise site operations. The PPAs were signed with Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf, ensuring a mix of wind and solar power for the electrolyser, which is expected to begin operating in 2027. This initiative supports Shell's strategy to deliver more value with less emissions through renewable hydrogen technology.

Deal Analysis

Shell Energy Europe's signing of two Power Purchase Agreements (PPAs) with Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf marks a significant step in securing renewable energy for the REFHYNE II electrolyser project at the Shell Energy and Chemicals Park Rheinland in Germany. This initiative aims to produce up to 44 tonnes of renewable hydrogen per day, directly contributing to the decarbonization of Shell's site operations. The electrolyser, expected to commence operations in 2027, will be powered by a mix of offshore wind and solar energy, demonstrating a commitment to diversified renewable energy sources. This deal aligns with Shell's broader strategy to transition towards net-zero emissions by leveraging renewable hydrogen technology. The PPAs, totaling 100 MW in capacity, underscore the growing demand for renewable energy to power green hydrogen production. The involvement of Shell, a major global energy player, alongside renewable energy providers like Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf, highlights the collaborative nature of the energy transition. While the financial value of the PPAs remains undisclosed, the project's scale and strategic importance suggest a substantial investment in renewable hydrogen infrastructure. This deal signals a continued push for green hydrogen adoption in Europe, particularly in Germany, a key market for industrial decarbonization.
  • Shell secures renewable power for a large-scale (44 tonnes/day) hydrogen electrolyser.
  • The project is funded by REFHYNE II and located at Shell's Energy and Chemicals Park Rheinland in Germany.
  • The PPAs with Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf ensure a diversified renewable energy supply (wind and solar).
  • The electrolyser is expected to begin operating in 2027, demonstrating a long-term commitment to green hydrogen.
Market Context: The deal takes place in the context of increasing demand for green hydrogen in Europe, particularly in Germany, driven by ambitious decarbonization targets and government support for hydrogen technologies. The renewable energy sector, including offshore wind and solar PV, is also experiencing rapid growth, providing the necessary power for green hydrogen production.

Source Intelligence

KEY DETAILS

Shell will offtake around a third of the output from the 332 MW wind farm Nordsee One. Shell will offtake around 75 % of the power generated by a 230 MW solar project currently under construction in north-eastern Germany. The project consists of two nearly identical plants of 115 MW each.

Capacity
Through REFHYNE II, the company is now building a 100 MW hydrogen PEM electrolyser, also at the Shell Energy and Chemicals Park Rheinland.
Location
Two separate purchase power agreements (PPAs) signed by Shell Energy Europe Limited, London, are set to secure much of the renewable electricity needed to power a hydrogen electrolyser being constructed at the Shell Energy and Chemicals Park Rheinland in Germany.
PPA Details
Under the five-year PPA with Nordsee One, Shell will offtake around a third of the output from the 332 MW wind farm Nordsee One constructed in the German North Sea.
COD
Part of the power generated under the two PPAs will supply the REFHYNE II electrolyser when it begins operating in 2027.
PARTIES MENTIONED IN SOURCE
S
Shell Energy Europe buyer

"Two separate purchase power agreements (PPAs) signed by Shell Energy Europe Limited, London, are set to secure much of the renewable electricity needed to power a hydrogen electrolyser being constructed at the Shell Energy and Chemicals Park Rheinland in Germany."

N
Nordsee One seller

"The two agreements were signed with German companies Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf."

S
Solarkraftwerk Halenbeck-Rohlsdorf seller

"The two agreements were signed with German companies Nordsee One and Solarkraftwerk Halenbeck-Rohlsdorf."

high quality Enriched Feb 26, 2026

Timeline

Announced
Feb 20, 2026
Signed
Closed

Market Context

This deal is part of the Hydrogen, Offshore Wind, Solar, Green Hydrogen, Solar Pv sector in Germany.
595
Hydrogen deals
121
deals in Germany
1 of 572 Hydrogen deals tracked this month · Updated daily

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