McPhy Energy Signs Agreement for Major Electrolyzer Project in Central Europe
Key Ideas
  • McPhy Energy signs a significant agreement for the supply and assembly of two large electrolyzers in Central Europe, marking a step forward in its scale-up.
  • The project, totaling 24 MW capacity, is expected to be operational by 2026 pending the final investment decision by the end of 2024.
  • With a focus on hydrogen production equipment, McPhy aims to contribute to the global transition to low-carbon hydrogen solutions for various sectors.
  • The company provides turnkey solutions for industrial, mobility, and energy applications, utilizing renewable sources for electricity surplus storage and recovery.
In Foussemagne, France, McPhy Energy has announced a significant agreement with a key energy sector player to supply, assemble, and commission two large electrolyzers in Central Europe. The 'McLyzer 3200-30' electrolyzers will have a total capacity of 24 MW and are scheduled for operation by 2026, pending the final investment decision expected by the end of 2024. This project signifies a notable advancement for McPhy in its expansion efforts. Specializing in hydrogen production equipment, McPhy aims to support the global adoption of low-carbon hydrogen as a solution for energy transition. The company offers a range of products tailored to industrial, mobility, and energy needs, providing turnkey solutions for applications like industrial raw material supply, electric vehicle recharging, and renewable electricity surplus storage. Operating since 2008, McPhy has established development, engineering, and production centers across Europe and maintains international subsidiaries to offer its innovative hydrogen solutions. McPhy Energy's upcoming financial event is the publication of its 2024 Half-Year Results on October 29, 2024. The company, listed on Euronext Growth Paris, is focused on driving advancements in hydrogen technology and contributing to the global shift towards sustainable energy solutions.
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