McPhy: green light from Brussels for its electrolyser Gigafactory project

Posted 18 July, 2022

McPhy, a specialist in zero-carbon hydrogen production and distribution equipment (electrolyzers and charging stations), announces that its Gigafactory electrolyzer project has been approved by the European Commission, among the files submitted by France within the framework of IPCEI Hydrogen.

With this project, McPhy is pursuing 3 objectives, including innovation, through the development of next-generation alkaline electrolyzers, both in terms of size, components, and integration within platforms.

McPhy aims to industrialize large-scale production in order to meet the needs of the European market, in particular, to contribute to the decarbonization of industry, mobility, and energy.

Finally, the company wishes to collaborate with many partners in the Hydrogen ecosystem in Europe and disseminate knowledge to academic, industrial, and research stakeholders.

The final investment decision will be taken by McPhy shortly after final confirmation by the French authorities of the amount of public aid and the contractualisation of the terms of the provision of this aid with Bpifrance.

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