Lhyfe has received confirmation from the French government of financial support in the form of a grant of up to €149 million for the construction of a green hydrogen production plant with an installed electrolysis capacity of 100 MW near Le Havre. The production site, to be located in Gonfreville-l’Orcher, is scheduled to be operational by 2028.

McPhy Energy has been awarded a firm contract to supply a McLyzer 800-30 electrolyzer with a capacity of 4 MW, along with related spare parts, to the Swedish company AAK, a major global player in the food oil processing industry. The equipment is expected to be commissioned in the second quarter of 2025.

In an effort to bolster its standing in the future electrolysis market, thyssenkrupp nucera is strengthening its technology portfolio with high-temperature electrolysis (SOEC) technology of the Fraunhofer Institute for Ceramic Technologies and Systems IKTS, with which it has entered into a strategic partnership.

Topsoe has received an environmental permit from the Danish Environmental Agency for its factory in Herning, Denmark, which is currently under construction and scheduled to be operational by 2024. The 500-MW facility will produce solid oxide electrolyzer cells (SOECs) for the production of e-fuels.

Power to Hydrogen (P2H2) has partnered with global utility leaders American Electric Power (AEP), EDP, E.ON, and Electricity Supply Board (ESB) to demonstrate the first-ever industrial scale Anion Exchange Membrane (AEM)-based electrolysis stack for low-cost green hydrogen production.

Sunfire has completed its Series E financing round, raising €215 million in equity capital. This is further complemented by a term loan of up to €100 million provided by the European Investment Bank (EIB). New investors include LGT Private Banking, GIC, Ahren Innovation Capital, and Carbon Equity.

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has signed two financing contracts through the EU-supported National Recovery and Resilience Plan (NRRP) for the construction of two green hydrogen production facilities at the Petrobrazi refinery in Romania.