US-headed Plug Power Inc., a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and France-headed Lhyfe, a pioneer producer and supplier of renewable and ecological hydrogen, have signed a Memorandum of Understanding (MoU) to jointly pursue and develop green hydrogen generation plants throughout Europe. The initiative seeks to generate a total hydrogen capacity of 300 MW by 2025 and to start the development of a 1 GW production site.
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According to a statement, the agreement builds upon the working relationship already established between the two companies earlier this year. In that project, Plug Power’s hydrogen electrolyzer technology will provide 1 MW of capacity to the world’s first offshore hydrogen production facility.
Being developed by Lhyfe and powered by electricity from a floating wind turbine off the coast of Le Croisic, at SEM-REV, Centrale Nantes’ offshore test site, it will be operational by 2022.
Liquid hydrogen market major
Plug Power is the largest buyer of liquid hydrogen globally and has been present in Europe for more than 10 years. The company has made significant progress in deploying hydrogen applications with key European industrials, logistics customers, and vehicle manufacturers, namely its joint venture with vehicle maker Renault called HYVIA.
Plug Power has installed several PEM technology solutions in Germany, France, the Netherlands, Italy, and Portugal, and recently announced the launch of its European headquarters in North Rhine-Westphalia, Germany.
We’re thrilled to expand our work with Lhyfe, bringing the green hydrogen revolution throughout Europe. The team at Lhyfe has bold ambitions and capabilities that align with our own vision for a decarbonized future, and the ability to scale hydrogen infrastructure quickly. In North America, we’ve already built a robust ‘hydrogen highway,’ which includes 165 hydrogen fueling stations and stationary power for businesses and institutions, a success we plan to replicate in Europe, said Andy Marsh, CEO for Plug Power.
Cusp of green hydrogen production roll-out
Lhyfe is a leader in the industrial production of renewable green hydrogen. In September 2021, the company inaugurated the world’sfirst industrial production sitefor renewable hydrogen in direct connection with a wind farm.
In addition to the world’s first offshore renewable hydrogen production site onthe SEM-REV offshore test site, Lhyfe is deploying some 60 projects in Europe for mobility and industry.
Plug Power and Lhyfe will pursue opportunities to jointly develop green hydrogen generation plants throughout Europe, generated with state-of-the-art PEM electrolysis technology and supplied with electrical power from renewable energy sources.
The new initiative will primarily serve on-road and off-road mobility applications. Finally, the two parties will also consider working together to co-develop a US-based offshore wind electrolyzer plant.
We are very proud of the confidence that a player such as Plug Power has in our determination and ability to produce totally clean hydrogen. Thanks to this partnership, we will be able to rely on Plug Power’s cutting-edge technology to deploy numerous hydrogen production sites onshore and offshore, in Europe but also in North America, which has particularly important decarbonization needs, in particular, to replace the fossil fuel products that are still extracted and consumed on a massive scale, said Matthieu Guesné, CEO and Founder of Lhyfe.
