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20 Mar 2024

French Government Awards Lhyfe a Grant of up to €149M for Large-Scale Production of Green Hydrogen

20 Mar 2024  by greencarcongress   
Lhyfe received confirmation from the French government of a financial support in the form of a grant of up to €149 million for the construction of a green hydrogen production plant with an installed electrolysis capacity of 100 MW near Le Havre.

This project, led by Lhyfe for over two years, has been approved by the European Commission as part of the third wave of IPCEI (Important Projects of Common European Interest) on hydrogen.

With this project, Lhyfe intends to produce up to 34 tonnes of green hydrogen per day near the Grand Canal du Havre, one of Europe’s largest industrial port areas. The site is close to the Yara plant in Le Havre, the decarbonization roadmap of which includes the use of green hydrogen. Yara is interested in and supports Lhyfe’s project, and will explore with Lhyfe all possible collaborations to decarbonize its industrial process.

The Lhyfe production site, to be located on a 2.8-hectare plot of land in Gonfreville-l’Orcher, is scheduled to be operational by 2028.

This project has been selected by the French government as part of the third wave of the IPCEI hydrogen program approved by the European Commission. IPCEI are transnational meta-projects identified as strategic for the European Union.

Implementation of this project is subject to the granting of operating authorizations, construction permits as well as final financial investment decisions by Lhyfe and its main partners.

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