Based mostly out of Nantes, France, Lhyfe specialises within the manufacturing of inexperienced and renewable hydrogen.
Just lately, the French Prime Minister has formally confirmed a €149M grant for its future inexperienced hydrogen manufacturing plant positioned close to the Grand Canal of Le Havre.
The ability is predicted to succeed in a capability of as much as 34 tonnes per day.
Named “Inexperienced Horizon”, the venture was chosen in 2022 by the European Fee as a part of the third wave of IPCEI (Necessary Tasks of Widespread European Curiosity) is devoted to hydrogen.
In March 2024, the French authorities introduced its determination to award this grant to Lhyfe, by way of Roland Lescure, then Minister Delegate for Business and Power, throughout a go to to Le Havre.
Matthieu Guesné, founder and CEO of Lhyfe says, “We’re proud to obtain this grant, which displays a robust vote of confidence from the French authorities and the European Fee in an SME that’s able to innovating, assembly advanced technological challenges, and quickly turning its ambitions into actuality. It additionally acknowledges our potential to speculate closely and rally famend worldwide companions to our aspect.”
“By contributing to the decarbonisation of the Le Havre industrial-port space beginning in 2029, the Inexperienced Horizon venture marks an actual turning level – one that’s important if we’re to decarbonise our industrial makes use of on a big scale. With this venture, Lhyfe will surpass the 100 MW milestone in put in electrolysis capability: a real industrial leap ahead,” provides Guesné.
Signed contract with Bpifrance
Lhyfe signed a contract with Bpifrance for public funding.
As part of it, they may obtain an preliminary advance of €18M by June 2025 to cowl earlier investments and begin new phases of the venture.
A second fee will observe based mostly on attaining particular milestones, and additional funds shall be made as reimbursements for eligible bills over 4 years, totaling as much as €149M.
Lhyfe plans to supply as much as 34 tonnes of inexperienced hydrogen day by day close to the Grand Canal du Havre in Normandy.
This facility will assist decarbonise native business and transportation. It is going to be positioned close to Yara’s web site in Le Havre, which helps Lhyfe’s plans.
The manufacturing web site, protecting 2.8 hectares in Gonfreville-l’Orcher, is predicted to be accomplished by 2029 and shall be one of many first large-scale inexperienced hydrogen vegetation in France and Europe.
Finishing this venture will present that producing hydrogen by way of water electrolysis is each possible and economically viable.
Implementing such tasks shortly is crucial to arrange for bigger amenities that meet formidable targets for hydrogen capability (4.5 GW aimed for France by 2030) and emission reductions set out in hydrogen and decarbonization methods.
Lhyfe: Producer and provider of inexperienced, renewable hydrogen
Lhyfe has been producing and delivering inexperienced hydrogen for over 4 years, with its first plant accomplished in 2021.
It now has 4 manufacturing websites in France and Germany and is growing quite a few websites all through Europe.
The French firm provides prospects instantly, with over 470 deliveries made in 2024 to round fifty purchasers throughout 8 European nations.
Lhyfe depends on a fleet of almost 70 containers, one of many largest trendy bulk hydrogen transport fleets in Europe, with a 99 per cent service fee.
Guesné on the French Nationwide Hydrogen Technique, says “The discharge of the French Nationwide Hydrogen Technique is good news for each the French and European markets. We’ve been wanting ahead to it for a number of months, and it now supplies the readability and long-term visibility that stakeholders throughout the hydrogen ecosystem must make knowledgeable selections and transfer ahead. By setting a sensible manufacturing goal of 4.5 GW by 2030, and supporting it with subsidies and a devoted assist mechanism for low-carbon and renewable hydrogen manufacturing, the French authorities is aligning its instruments with its ambitions. France is residence to main business gamers, who will strengthen the complete worth chain and place our nation because the European chief within the sector.”
