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ArcelorMittal Bremen - HyBit

Construction✓ Source-checked

swb / EWE / ArcelorMittal Bremen (electrolyser: Plug Power)

Project Overview

Country
Germany
Region
Bremen
Capacity
10 MW
Technology
PEM Electrolysis
Investment · scope not declared (EUR)
€20M

≈ $22M, converted at EUR_TO_USD = 1.08, fixed on 1 Jun 2026

Subsidy Status
—

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Development Timeline

Announced—
FID—
Construction—
Operational2026planned date

Readiness Score

45/ 100
Developing

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15
✓EPC Contract signed(implied)+10
✓Permits obtained(implied)+8
✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2
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