Lhyfe, a prominent player in the renewable hydrogen sector, recently confirmed receiving a significant subsidy of €149m from the French government for its Green Horizon project. This financial support is aimed at bolstering Lhyfe's efforts in advancing green hydrogen technologies. The company has been actively expanding its operations, as seen in its four-year offtake deal with fuel cell manufacturer INOCEL and securing up to €11m for constructing a renewable hydrogen production facility in southern Sweden. Furthermore, Lhyfe has initiated the construction of its first green hydrogen production site in northern France, signaling its commitment to sustainable energy practices. A notable collaboration between Lhyfe and the Abu Dhabi Energy Company (Masdar) through a Memorandum of Understanding (MoU) emphasizes the company's global reach and ambition to drive renewable energy initiatives. With its focus on green hydrogen and strategic partnerships, Lhyfe continues to make significant strides in the renewable energy landscape.