French investment in green hydrogen capacity near Channel port
The funding will enable the construction of a green hydrogen production plant with an installed electrolysis capacity of 100 MW, capable of producing up to 34 tonnes of renewable hydrogen per day.
“This a concrete expression of the decarbonisation policy France has been pursuing for several years,” said Matthieu Guesné, founder and chief executive Officer of Lhyfe.
“It is towards this greener horizon that this plant is leading us. The region’s needs are present and massive, and we can meet them right now with a clean, mature and appropriate technology.”
Forward thinking
The plant will be built on a 2.8-hectare plot of land in Gonfreville-l’Orcher, near the Grand Canal du Havre, one of Europe’s largest industrial port areas. The plant is scheduled to be operational by 2028.
The site is close to the Yara plant in Le Havre, it’s decarbonisation roadmap includes the use of green hydrogen. Yara supports Lhyfe’s project and said it will explore with Lhyfe all possible collaborations to decarbonise its industrial process.
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. Implementation of this project is subject to the granting of operating authorisations, construction permits as well as final financial investment decisions by Lhyfe and its main partners
In February, Lhyfe announced that it was expanding into Germany with the intention of making the Niedersachsen Ports in Brake the first in the region of Lower Saxony to make green hydrogen widely available.