Lhyfe Receives €149m Grant for Green Hydrogen Production Plant in Le Havre
Key Ideas
- Lhyfe, a pioneer in green hydrogen production, secured a €149 million grant for a future green hydrogen plant near Le Havre, aiming to produce up to 34 tonnes of green hydrogen per day.
- The Green Horizon project will help decarbonize one of Europe's largest industrial port areas in Normandy, contributing to industry and mobility decarbonisation.
- The project is part of France's hydrogen strategy, with a focus on demonstrating technical feasibility and economic viability for large-scale green hydrogen production to meet decarbonisation goals.
- Lhyfe, with 4 production sites and a modern hydrogen transport fleet, aims to play a pioneering role in the sector, delivering green hydrogen to customers across Europe and leading innovative projects.
Lhyfe, a leading green and renewable hydrogen producer, has been awarded a significant €149 million grant for its upcoming green hydrogen production plant near Le Havre, as part of the Green Horizon project. This project, selected by the European Commission, aims to reach a capacity of up to 34 tonnes of green hydrogen per day, contributing to the decarbonization of one of Europe's largest industrial port areas in Normandy. The public support contract signed with Bpifrance outlines a phased funding scheme, with an initial payment of €18 million scheduled by June 2025. By securing this grant, Lhyfe will pass the 100 MW milestone in installed electrolysis capacity.
The Green Horizon initiative aligns with France's National Hydrogen Strategy and European decarbonization targets. The project is crucial in demonstrating the technical feasibility and economic viability of large-scale green hydrogen production, essential for reducing dependence on fossil fuels and achieving greenhouse gas emission reduction targets set by the Paris Agreement. Lhyfe, a European pioneer in green hydrogen production, has a strong track record of delivering green hydrogen to customers across 8 European countries and is involved in various innovative projects in the sector.
The completion of the Green Horizon project is expected to mark a significant milestone in the journey towards greater decarbonization, showcasing Lhyfe's innovative capabilities and its commitment to advancing the energy transition. With a focus on industry and mobility decarbonization, Lhyfe's project highlights the importance of green hydrogen in achieving ambitious clean energy objectives. By leveraging its experience and expertise, Lhyfe aims to lead the way in green hydrogen production, contributing to a more sustainable future for Europe and beyond.
Topics
Green Hydrogen
Renewable Energy
Innovation
Energy Transition
Decarbonisation
Industry
European Commission
IPCEI
Green Horizon
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