France's Le Havre Port Attracts Green Investment for Hydrogen, Lithium, and Renewable Fuels Facilities
Key Ideas
- French government selects winning proposals for a hydrogen import terminal, renewable fuels facility, and lithium production factory at Le Havre port.
- Projects represent an investment of 2.6-2.7 billion euros and could create 720 jobs.
- Air Products, Livista, and Qair are the companies behind the selected projects with a focus on renewable hydrogen, lithium, and production of hydrogen and methanol.
- Selected projects benefit from accelerated approval procedures, grid connections, and aid for preliminary studies from Haropa Port.
The French government's move to select winning proposals for a hydrogen import terminal, renewable fuels facility, and lithium production factory at the state-run port of Le Havre marks a significant step towards attracting industrial investment. Under the 'France 2030' plan, the port's surrounding land has been designated as a turnkey investment site, facilitating the launch of green projects through a tender by Haropa Port. The selected projects, if realized, are expected to bring in investments ranging from 2.6 to 2.7 billion euros and create 720 jobs. Air Products, a U.S. industrial gases giant, is set to build a terminal for importing renewable hydrogen, while Livista aims to refine lithium for electric vehicle batteries. Qair, a French renewable energy company, plans to establish production and storage facilities for hydrogen and methanol. These projects have received support in the form of accelerated approval procedures, grid connections, and aid for preliminary studies. The positive sentiment surrounding these initiatives showcases a commitment to green energy, economic development, and job creation in the region.