Lhyfe, based in Nantes, France, has achieved remarkable growth in the green hydrogen industry during 2024. The company reported a substantial revenue of €5.1 million, a remarkable fourfold increase from the previous year, attributing this success to full-capacity production and new client acquisitions in France and Germany. Lhyfe supplied over 470 deliveries to customers in 2024, with an impressive 99% service rate, aided by its fleet of around 70 containers. The company signed significant offtake agreements, including a 5-year contract with H2 Mobility in Germany and established partnerships with leading organizations like Masdar to develop large green hydrogen production sites in Europe. Lhyfe also expanded its electrolysis capacity to 22 MW and continued construction at new sites in France and Germany to meet growing demand. The company's projects pipeline at the end of 2024 reflected a total electrolysis capacity of 9.1 GW, indicating a strong focus on future growth. Overall, Lhyfe's achievements in revenue growth, customer portfolio expansion, electrolysis capacity increase, and strategic partnerships portray a positive outlook for its continued success in the green hydrogen sector.