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Press Release

McPhy Energy : New Contract for the Supply of Electrolyzers to Produce Green Hydrogen in Central Europe

Published by Todd Bush on September 26, 2024

Foussemagne (France), September 25, 2024 – 06:00 pm CEST – McPhy Energy, a leading French electrolyzer technology and manufacturing company, announces the signing of an agreement with a key player in the energy sector for the supply, assembly, and commissioning of two “McLyzer 3200-30” electrolyzers with a total capacity of 24 MW to be operated in Central Europe. This agreement marks a significant advancement in McPhy’s commitment to expanding its hydrogen technology solutions.

>> In Other News: REVO ZERO and Grupo Édora Join Forces to Accelerate the Green Hydrogen Revolution

The final investment decision for this project is expected by the end of 2024, with the commissioning of the equipment scheduled for 2026. The project further positions McPhy as a crucial contributor to Europe's hydrogen energy transition.

Jean-Baptiste Lucas, CEO of McPhy Energy, stated, “This new reference represents a significant step forward for McPhy in the pursuit of its scale-up. We are excited to play a vital role in this transformative project, reinforcing our leadership in hydrogen technology.”

Next Financial Event

  • Publication of 2024 Half-Year Results: on October 29, 2024

About McPhy

Specialized in hydrogen production equipment, McPhy contributes to the global deployment of low-carbon hydrogen as a solution for energy transition. With a complete range of products dedicated to the industrial, mobility, and energy sectors, McPhy offers turnkey solutions tailored to various applications. These include industrial raw material supply, recharging fuel cell electric vehicles, and storing and recovering surplus electricity from renewable sources.

As a designer, manufacturer, and integrator of hydrogen equipment since 2008, McPhy operates three development, engineering, and production centers across Europe (France, Italy, and Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy Energy is listed on Euronext Growth Paris (ISIN code: FR0011742329, ticker: ALMCP). For more information, visit McPhy Energy.

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