French PM Grants €149 Million for Lhyfe Green Hydrogen Plant near Le Havre
Key Ideas
- The French PM confirmed a €149 million grant for Lhyfe's green hydrogen plant near Le Havre, part of a larger European initiative for hydrogen development.
- Lhyfe aims to produce 34 tonnes of green hydrogen per day, contributing to the decarbonization of the Le Havre industrial-port area by 2029.
- The plant will partner with Yara and rely on water electrolysis for hydrogen production, with support from international collaborators like Masdar.
- Lhyfe also secured a hydrogen supply deal with INOCEL and aims for further collaborations in large-scale green hydrogen projects in Europe.
The French Prime Minister has approved a €149 million grant for Lhyfe's green hydrogen plant near Le Havre, connected to the Grand Canal in one of Europe's major industrial port areas. The project was selected by the European Commission in 2022 as part of a hydrogen initiative. Lhyfe will receive initial funding in June 2025 to continue the construction of the plant, aiming to produce up to 34 tonnes of green hydrogen per day by 2029, a significant step for decarbonization in France and Europe. The company has already been delivering green hydrogen for four years and plans to expand its operations with the Green Horizon project. Lhyfe has also entered partnerships with companies like Yara and INOCEL for hydrogen supply and technology collaboration. Additionally, a strategic MoU with Masdar indicates plans for further large-scale green hydrogen projects in Europe, showcasing Lhyfe's commitment to sustainable energy solutions and industry decarbonization.