Inauguration of France’s first refueling station for hydrogen buses

• In the presence of the project’s partners on Friday June 21 in Houdain, the Artois-Gohelle transport authority (SMT-AG) inaugurated France’s first refueling station for hydrogen buses
• The entire clean hydrogen production, storage and distribution chain is equipped with McPhy technologies

La Motte-Fanjas (France), June 26, 2019 – 8:30 am (CEST) – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, is equipping the first refueling station for hydrogen buses in France with its McLyzer and McFilling technologies.

By opting for hydrogen mobility, the SMT-AG is combining passenger comfort and service continuity while helping reduce atmospheric pollution and improve public health.”

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, states: “We are proud to contribute, with our technologies and products, in this innovation in France that has enabled us to set up, in the Hauts-de-France region of northern France, the first McPhy station for hydrogen buses. With its state-of-the-art research and innovation and first-rate industrial infrastructure, McPhy provides its expertise in producing and distributing hydrogen. Our McLyzer electrolyzer will produce on site and from renewable electricity of certified French origin supplied by ENGIE, the clean hydrogen for a high-capacity McFilling hydrogen refueling station with a high service rate. The public transport sector is in the midst of a revolution. By opting for hydrogen mobility, the SMT-AG is combining passenger comfort and service continuity while helping reduce atmospheric pollution and improve public health. We would like to thank the SMT-AG and our client, ENGIE, via its subsidiary GNVERT, for their trust”.

First 100% hydrogen bus line in France

The SMT-AG has attributed to ENGIE, via its subsidiary GNVERT, the design, supply, installation and maintenance of the Houdain-Divion hydrogen gas distribution station. It will enable the refueling of six hydrogen buses that will be deployed on the new BHNS (High Level Service Bus) bus line connecting Bruay-La-Buissière and Auchel.

This innovative project is equipped with McLyzer and McFilling technologies. Clean hydrogen will be produced on site by electrolysis, from renewable electricity of certified French origin, before being distributed by the station. Fifteen minutes of refueling will give the buses over 300 km of autonomy.

In its current configuration, the McPhy station can produce and deliver more than 200 kg of clean hydrogen a day. Its capacity can be increased by 30% without changing the facility’s total surface area, if required by the SMT-AG’s future needs.

A genuine innovation in France, this 100% hydrogen bus line and its dedicated refueling station are precursors of the “zero emission mobility” revolution that is becoming increasingly widespread in France, Europe and globally.

Clean hydrogen production, storage and distribution process | Credit: SMT-AG

Bus station with hydrogen production: McPhy technologies | Credit: SMT-AG

Upcoming financial communication
2019 first-half results: Tuesday 30 July 2019 after market close

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.
Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).
The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.fr

Investor relations

NewCap
Julie Coulot | Emmanuel Huynh
T. +33 (0)1 44 71 20 40
mcphy@newcap.fr

 

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Come & see us in Marseille for this 7th edition of the “Hydrogen days in the territories”

An inescapable event for the hydrogen sector, the Hydrogen Days in the territories (JH2) are organized by the Afhypac (National French association for hydrogen). This year, we’re looking forward to seeing you in Marseille (France) on July the 10th and 11th!

This annual meeting of hydrogen sector stakeholders is an opportunity to highlight innovative hydrogen projects and solutions, identify the levers and locks that still need to be lifted, as well as to test equipment and participate in technical visits.

On those two days, our team will be delighted to welcome you both:

  • At the Palais du Pharo, at our booth
  • But also in Fos Sur Mer on Thursday 11 July afternoon, for the technical visit of the Jupiter 1000 platform. Let’s recall that Jupiter 1000 is the very first French industrial demonstrator of Power-to-Gas. As a project partner, we’re proud to bring our electrolysis technology to this innovative project ; and we’ll be more than happy to make you discover our 2 x 0,5 MW electrolysis solution!

To register and book your congress badge, go to the official JH2 Marseille website: https://www.jh2marseille.fr

| Hydrogen Days in the Territories (JH2) | July 10 & 11, 2019 | Palais du Pharo – Marseille (France)

 

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McPhy is participating in the 10th edition of the International Meeting of Ecological Vehicles (RIVE)

Come & see us on July the 4th and the 5th, at the Pôle Mécanique d’Alès (France).

On the mechanical pole of Alès (France), in the heart of the Occitania region known for its proactive energy policy; and particularly in favor of the deployment of clean hydrogen, the RIVE are an inescapable meeting place for public stakeholders and professionals in the mobility sector.

This is a great opportunity to make interim reviews of the challenges of sustainable mobility and transport in the face of the environmental challenge we face.

On the agenda for these two days: conferences, discovery of new innovations in ecological vehicles, vehicle testing on the track and networking!… Don’t miss it!

Organize your BtoB appointments with the Swapcard application, after having done your online registration: https://www.rive-event.com/gestion/register.php

The whole program & registration is available online: https://www.rive-event.com/

| International Meetings on Ecological Vehicles (RIVE) | July 4 & 5, 2019 | Mechanical pole of Alès (France)

 

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All resolutions recommended by the Board of Directors were approved

La Motte Fanjas, May 27, 2019 at 5:45 pm – The Combined Extraordinary and Ordinary General Shareholders Meeting of McPhy was held on May 23, 2019 at the Hôtel IBIS STYLES, Valence TGV, at Alixan (Drôme), France.

Shareholders present or represented totaling 6 584 318 (53.54%) voting rights, adopted with a large majority all the resolutions recommended by the Board of Directors.

Commenting on the company’s outlook, Pascal Mauberger, confirmed his confidence in pursuing a dynamic of growth and improved profitability in a buoyant market.

Upcoming financial communication

2019 first-half results: Tuesday 30 July 2019 after market close

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.
Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).
The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.fr

Investor relations

NewCap
Julie Coulot | Emmanuel Huynh
T. +33 (0)1 44 71 20 40
mcphy@newcap.fr

 

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“Decarbonated Hydrogen: Challenges & Solutions”

Organized by the French “Maison de la Chimie Foundation”, this conference is a great opportunity to discover the latest industrial technologies allowing the massive production of decarbonated hydrogen and its applications.

On June 13, 2019 at the Maison de la Chimie (Paris), Pascal Mauberger, Chairman and CEO of McPhy, will speak on the latest technological innovations for the massive production of clean hydrogen:

“Focus on the competitiveness of very high-capacity alkaline electrolysis platforms (multi MW) in the service of the energy transition. »

| Thursday 13 June 2019, from 10:20 to 11:05 a.m. | Maison de la Chimie | 28 rue Saint Dominique | PARIS

& find out more about our Augmented McLyzer technology by browsing our website: https://mcphy.com/en/our-products-and-solutions/electrolyzers/augmented-mclyzer/zer/

We are looking forward to meeting you there!

Register for free here: https://inscriptions.maisondelachimie.com/evenements/colloque-hydrogene-decarbone-enjeux-et-solutions

Télécharger le programme `{`FR`}`

EVS32: the inescapable event to prepare for change and discover new technologies for sustainable mobility

Meet us at Eurexpo (Lyon) for the 32nd International Electric Vehicle Symposium (EVS32) from 19 to 22 May 2019!

This international forward-looking event is a reference in sustainable and future mobility technologies. For the first time this year, EVS32 dedicates an entire part of the exhibition and conference program to hydrogen, the low-carbon energy that can support the transformation of the transport sector towards zero-emissions mobility (zero noise, zero air pollution).

This is the opportunity to discover the latest innovations in FCEV vehicles (fuel cells) and hydrogen stations; as well as projects in progress such as Zero Emission Valley (ZEV) run by the Auvergne-Rhône-Alpes Region.

The International Electric Vehicle Symposium is:

  • The most traditional electric vehicle symposium/forum/exhibition fair in the world
  • 32nd edition & 50th anniversary Lyon, France

It will gather:

  • 2000 scientific attendees,
  • 1500 decision makers form local and national governments,
  • 6000 professionals from the EV industry
  • 2 programs: Scientific & Industrial/Political
  • 9000 sqm exhibition area
  • A full pavilion dedicated to hydrogen #CleanEnergy solutions

The McPhy team will be glad to welcome you at its booth in the heart of the Hydrogen Pavilion | Booth C31 and during the conferences (program upcoming).

Fore more information: https://www.evs32.org/

MONDAY, 20 MAY

Join the first Hydrogen Lecture Session which takes place on Monday, 20 May from 2 to 5 p.m. at the Hydrogen Agora for an exciting discussion about: “Deployment of fuel cell buses | Infrastructure and Hydrogen Regions”.

This conference is organized by the FCH JU #H2ME, Hydrogen Europe and the AFHYPAC.

Bertrand Amelot, our EVP Sales and Marketing will speak about the latest advances in the hydrogen refueling station & electrolysis technologies.

The Clean Mobility Revolution is underway… Don’t miss it!

Hydrogen Lecture Session 19.05.20 | EVS32 | Full Program

TUESDAY, 21 MAY

Join the EDF Agora for a joint conf slot Hynamics / McPhy. Liliane Cloatre from Hynamics and Pierre Lombard from McPhy will discuss about the latest techno advances, put at the service of the zero emission mobility.

The Clean Mobility Revolution is underway… Don’t miss it!

McPhy launches “Augmented McFilling”, its new smart hydrogen station architecture for heavy duty vehicles

• “Augmented McFilling”: an innovative, proprietary and patented architecture integrating software intelligence that makes the hydrogen station dynamically reconfigurable
• For an infinite number of usage scenarios and real-time adaptation to customer needs, with no capacity limits
• In perfect adequacy with the massive hydrogen needs induced by the necessary decarbonation of heavy transports and long-distance vehicles (trains, trucks and buses)

La Motte-Fanjas, April 1st, 2019 – 8:00am – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) a specialist in hydrogen production and distribution equipment, launches at the Hannover Messe its new range of hydrogen stations, intended to decarbonize heavy transports and long-distance vehicles.

This innovative combination of shared functions and dynamic reconfiguration of the station’s operating scheme allows us to provide our customers with an infinite number of usage scenarios, adapted to their needs in real time and in a perfectly transparent way, without capacity limits.

Pascal Mauberger, McPhy’s Chairman and Chief Executive Officer, states: “Augmented McFilling by McPhy is a unique design. More than a hydrogen station, it is an intelligent system combining a proprietary, patented architecture with software that makes it dynamically reconfigurable. This innovative combination of shared functions and dynamic reconfiguration of the station’s operating scheme allows us to provide our customers with an infinite number of usage scenarios, adapted to their needs in real time and in a perfectly transparent way, without capacity limits.

Our smart supervision software greatly increases the availability and flexibility of hydrogen stations, and therefore meets the 24/7 needs of heavy transports, while optimizing the system’s energy efficiency; as well as investment and operating costs.

Following the launch of the ‘Augmented McLyzer’ range in 2018, our new generation of ‘Augmented McFilling’ stations allow us to offer a complete range of smart, modular, without capacity limits low-carbon hydrogen production and distribution solutions, already ’fit for purpose’ and ready for the future.

Augmented McFilling, 2,000 kg per day configuration, 12-train scenario| McPhy®

Augmented McFilling: a dynamically reconfigurable architecture

Hydrogen is the only technology which is already scaled-up, capable to meet, in a competitive way, the massive needs induced by the necessary decarbonation of heavy transportation.

As a specialist in hydrogen solutions for the energy revolution, McPhy Group has focused its research and innovation on solutions that can produce and deliver the hundreds, or thousands, of kilos of low-carbon hydrogen required every day to successfully achieve “zero-emissions” transportation.
A true concentration of technological and digital advances, “Augmented McFilling” is a patented, proprietary hydrogen station architecture that mutualizes compression, storage, cooling and vehicle delivery functions. This unique architecture is managed by McPhy’s smart supervision software, which makes “Augmented McFilling” stations dynamically reconfigurable.

The station thus defines autonomously (without human input and without interruption of operation) its optimal operating scheme and (re)directs the flows, from production to vehicles delivery, compression and storage, to deliver hydrogen at the best cost while ensuring continuity of service and a maximum availability rate.

This unique design of proprietary architecture and software intelligence:

  • allows the station to perfectly fit with the customer needs in real time,
  • is modular, with no capacity limits: 2,000, 4,000, 10,000 kg per day and beyond,
  • “Bigger scale, lower costs”: the scaling-up and industrialization of hydrogen stations will reduce investment and operating costs and democratize hydrogen mobility for all types of transport.

Participate in the official launch at the Hannover Messe

The Hannover Messe is the world’s largest technology and innovation fair in the industry. It attracts more than 225,000 trade visitors from 100 countries.

At the heart of the hydrogen pavilion, McPhy Group is presenting a preview of its “Augmented McFilling” solution, and invites you to come:

1-5 April, Hall 27, Stand C70
Invitation to attend the fair free of charge (registration required): https://www.hannovermesse.de/ticketregistration?auvzk

Attend McPhy’s presentations:

  • Tuesday 2 April 13.40 – 14.00 | Technical Forum | “Launch of Augmented McFilling, a dynamically reconfigurable architecture to support the decarbonation of heavy transports“ – Bertrand AMELOT, EVP Sales & Marketing
  • Wednesday 3 April 11.40 – 12.00 | Public Forum | “Unlimited Hydrogen: towards a zero-emission society” – Pascal MAUBERGER, CEO
  • Wednesday 3 April 15.00 | Technical Forum | “Elevator Pitch | Electrolysis technology” – Bertrand AMELOT, EVP Sales & Marketing

Upcoming financial communication

2019 first-half results: Tuesday 30 July 2019 after market close

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.
Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).
The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.fr

Investor relations

NewCap
Julie Coulot | Emmanuel Huynh
T. +33 (0)1 44 71 20 40
mcphy@newcap.fr

 

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Keep up with our news by following us on

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Welcome to the largest hydrogen exhibition in Europe

Are you interested in hydrogen Clean Energy and its applications in the industry and mobility sectors? Come and visit us at the Hannover Messe!

The HMI is the world’s leading trade show for industrial technologies, the largest hydrogen exhibition in Europe… and definitely the “place to be” from April 1st to 5th.

We’ll be glad to welcome you at our stand, in the Hall 27, stand C70
& during our conferences.

  • Tuesday 02 April at 1:40 p.m. | Technical Forum (20 min.)
    “Launch of Augmented McFilling, a smart and dynamically reconfigurable architecture to support the decarbonation of heavy-duty transports”
    Bertrand AMELOT, EVP Sales & Marketing
  • Wednesday 03 April at 11:40 a.m. | Public Forum (20 min.)
    “Unlimited Hydrogen: our augmented hydrogen solutions towards a zero-emission society”
    Pascal MAUBERGER, Chairman and CEO
  • Wednesday 03 April at 3:00 p.m. | Technical Forum (5 min.)
    “Elevator Pitch | Last advances in alkaline electrolysis technology”
    Bertrand AMELOT, EVP Sales & Marketing

 

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McPhy: a positive start to 2019 despite an operating income fall in 2018 as expected

• A 21% drop in revenue in 2018 compared to 2017, due notably (and as previously announced (1) ) to delays in the finalization of several orders
• As expected operating income for 2018 is 47% lower than in 2017, at -€9.4 million, due mainly to the fall in revenue over the year and trends in operating expense relating to business activity
• Cash of €14.9 million, following capital-boosting transactions in 2018
• Strategic partnership signed in June 2018 with EDF, thus becoming the company’s leading shareholder
• More than 5 million euros of orders received over the first two months of the year and confirmation of a return to revenue growth in 2019 in an ever-more buoyant market

La Motte-Fanjas, March 12, 2019 at 5:45pm – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, is today announcing its results for 2018, which were approved by the company’s Board of Directors.

We are determined to maintain this focus with clearly identified priorities: product development, strengthening our marketing in key areas, winning new markets and signing partnerships.

Pascal Mauberger, McPhy’s Chairman and Chief Executive Officer, commented: “As announced, our results for 2018 were affected by delays in the finalization of several orders and by the extension of the duration of certain existing projects for our clients.
Our teams remain mobilized to continue building McPhy’s technological leadership by launching new products such as the ‘Augmented McLyzer’ generation of electrolyzers, which will enable us to offer innovative solutions on a scale that matches our clients’ needs. We have also signed an agreement for our first hydrogen bus fueling station in France, creating a flagship reference in mass mobility. In addition, the industrial and commercial partnership agreement with EDF signed in 2018 is now fully operational and is manifesting itself in joint tender bids.
The early months of 2019 have shown that our strategy is bearing fruit, with more than €5 million in orders received. This is why we are determined to maintain this focus on growth with clearly identified priorities: product development, strengthening our marketing in key areas, winning new markets and signing partnerships. We are convinced that this strategy will allow McPhy to continue to grow and maintain its leadership in the fast-expanding market for low-carbon hydrogen.”

Simplified Income Statement

Simplified Income Statement

Change in operating expense in line with business activity

The increase in external costs and provisions was due to delays in the finalization of several orders, the extension of the duration of certain projects and additional costs incurred in the installation phases of these initial reference projects for McPhy. This resulted in an expected 47% drop in operating income in 2018 compared to 2017, to -€9.4 million.
The lessons learned on these first contracts have been factored in for contracts due to be delivered from 2019 on, and provisions have been made for additional costs to neutralize their impact on 2019 figures. Furthermore, despite the revenue decline, McPhy continued to strengthen its research and innovation efforts.
At December 31, 2018, McPhy had cash assets of €14.9 million, boosted by transactions to strengthen capital carried out in 2018.

Read the full release

Download, below, the full PR to find out more about the “2018 Highlights” & “Confirmation of a return to growth in 2019”.

Next press release

2019 first half results – Thursday July 30, 2019 after market close

(1) Press releases of 24 October 2018 and 22 January 2019

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.
Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).
The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.fr

Investor relations

NewCap
Julie Coulot | Emmanuel Huynh
T. +33 (0)1 44 71 20 40
mcphy@newcap.fr

 

Connect with us!

Keep up with our news by following us on

LinkedIn    and    Twitter

Positive start to the year for McPhy, with over €5 million in orders received

• A 6-station order for the deployment of hydrogen mobility solutions as part of the EAS-HyMob project in Normandy, increasing the number of McFilling stations installed or in the process of being installed to 21
• 2 MW in additional electrolysis capacity in Germany for the Energy market, lifting the high-power electrolysis capacity implemented by McPhy to 16 MW
• The previously announced  (1) largest ever order for McPhy’s PIEL product line, with 11 electrolyzers to be shipped to the Bangladesh Meteorological Department
• A previously announced electrolyzer (1) for the mobility market, which will be fitted in the 1st hydrogen refueling station in Chambéry for the Zero Emission Valley project.

La Motte-Fanjas, March 5, 2019 at 5:45pm – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) a specialist in hydrogen production and distribution equipment, is today announcing that it has received firm orders worth over €5 million since the beginning of the year.

We are delighted with how 2019 has started for us, since we have achieved the positive top-line momentum we predicted. These firm orders are a ringing endorsement of our product strategy in our three key hydrogen markets—mobility, industry and energy.

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, commented: “We are delighted with how 2019 has started for us, since we have achieved the positive top-line momentum we predicted. These firm orders are a ringing endorsement of our product strategy in our three key markets.

In the zero emission mobility market, we logged an order for six McFilling 20-350 stations in the framework of the EAS-HyMob project, which shows that our offering is well-suited to France’s strategy for deploying hydrogen refueling infrastructure.

In Germany, we reached a major technological milestone by marketing our first electrolyzer fitted with “high current density” electrodes co-developed with De Nora. The electrolyzer will double the volume of hydrogen produced. These two new megawatts will lift to 16 MW the high-power electrolysis capacity we have implemented. It is crucial for the large-scale decarbonization of applications in the industry, mobility and energy sectors.”

Orders delayed in 2018 have now materialized driving strong business momentum

With over €5 million in orders received, it is a positive start to the year for McPhy:

McPhy has just logged an order for six stations from SIEGE 27 and SDEC Energie (2)  to support the roll-out of hydrogen mobility solutions in the Eure and Calvados departments as part of the EAS-HyMob Normandy project (3). These stations are the first in the plan, which will ultimately feature 15 hydrogen refueling units and are due to be commissioned as captive hydrogen vehicle fleets are introduced.

As previously announced, McPhy has received an order for a next-generation 40kg/day 30-bar electrolyzer, which will be delivered this year. It is intended for a hydrogen station to be built in Chambéry by ATAWEY(4) as part of the Zero Emission Valley project (5) in the Auvergne-Rhône-Alpes region. Under the project, 20 stations are due to be installed across the region, including 15 with electrolyzers (6). It aims to make Auvergne-Rhône-Alpes Europe’s leading region in the deployment of hydrogen.

These new projects increase to 21 the number of McFilling stations installed or currently being installed, together representing a daily potential of 64,500 km in zero emission mobility.

In the energy market, McPhy received the first payment for a Power to Power application in Germany in respect of a McLyzer 400-30 installation. This is the first McLyzer 400-30 featuring McPhy’s high-density current electrodes co-developed with De Nora, its industrial partner. This 2 MW project lifts to 16 MW the high-power electrolysis capacity built by McPhy.

Lastly, McPhy recently received an order from the Bangladesh Meteorological Department for 11 electrolyzers from the PIEL line, which are due to be delivered during 2019. These electrolyzers will be used to inflate balloons for weather probes. This is the largest order ever placed for McPhy’s PIEL line of products.

Together, all these firm orders are worth over €5 million. These commercial successes demonstrate that the delayed orders initially anticipated in 2018 have now materialized, and that the Group’s top-line business momentum is right on track.

Next press release

FY 2018 results on Tuesday, March 12, 2019 (after the market close)

[1] 2018 revenue press release dated January 22, 2019

[2] This project is supported by European Union funding via the European Innovation and Networks Executive Agency (INEA) as part of the Connecting Europe Facility – Transports (CEF-T) infrastructure program.

[3] https://eadymob.normandie.fr

[4] http://www.atawey.com

[5]    https://www.auvergnerhonealpes.fr/uploads/Presse/91/203_486_CP-12-20-Zero-Emission-Valley-reconnu-au-niveau-europeen.pdf

[6]    https://www.auvergnerhonealpes.fr/uploads/Presse/91/203_486_CP-12-20-Zero-Emission-Valley-reconnu-au-niveau-europeen.pdf

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.
Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).
The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.fr

Investor relations

NewCap
Julie Coulot | Emmanuel Huynh
T. +33 (0)1 44 71 20 40
mcphy@newcap.fr

 

Connect with us!

Keep up with our news by following us on

LinkedIn    and    Twitter