McPhy Energy Signs Agreement for Electrolyzer Supply in Central Europe
Key Ideas
- McPhy Energy has signed an agreement to supply, assemble, and commission two electrolyzers with a total capacity of 24 MW in Central Europe.
- The final investment decision for the project is expected by the end of 2024, with equipment commissioning scheduled for 2026, marking a significant advancement for McPhy.
- Specializing in hydrogen production equipment, McPhy is dedicated to global low-carbon hydrogen deployment, offering turnkey solutions for various sectors like industrial, mobility, and energy.
- With development centers in Europe and international subsidiaries, McPhy Energy aims to contribute to the energy transition through innovative hydrogen solutions.
McPhy Energy, a prominent French electrolyzer technology and manufacturing company, has announced the signing of a significant agreement for the supply, assembly, and commissioning of two of its 'McLyzer 3200-30' electrolyzers in Central Europe. The total capacity of these electrolyzers is set to reach 24 MW. The project's final investment decision is anticipated before the end of 2024, with the equipment expected to be operational by 2026.
This development is a pivotal move for McPhy Energy, furthering its scale-up in the field. The company specializes in hydrogen production equipment and is actively involved in promoting low-carbon hydrogen globally as part of the energy transition. McPhy provides tailored solutions for industrial, mobility, and energy sectors, catering to needs like industrial raw material supply, fuel cell electric vehicle recharging, and storage of electricity surplus from renewable sources.
Founded in 2008, McPhy operates development, engineering, and production centers in France, Italy, and Germany. Its international subsidiaries play a crucial role in driving the commercial success of its innovative hydrogen solutions. McPhy Energy is publicly listed on Euronext Growth Paris.
The agreement signifies a step forward in McPhy's mission to facilitate the transition to sustainable energy practices. The company's dedication to hydrogen technology and commitment to providing efficient solutions for various industries underscore its contribution to the global effort towards a greener future.