Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, commented: “The contraction in our 2018 revenue mainly reflects the delays in the concretization of several orders and an extension to the length of certain existing projects by McPhy’s customers, despite highly buoyant conditions in the clean hydrogen market worldwide. These orders should materialize on the medium term. For example, the permit for the second hydrogen station in Lyon awarded at the beginning of 2018 entered into force only in December.

We expect our revenue to return to growth in 2019 […] supported by the expansion in our qualified pipeline […] and operational implementation of our partnership with EDF, under which we are making joint submissions for heavy mobility competitive tenders”

We anticipate revenue growth in 2019 supported by a qualified pipeline of over €80 million and operational implementation of our partnership with EDF, under which we are making joint submissions for heavy mobility competitive tenders such as bus refueling stations with a capacity of several hundred kg per day; and such as platforms fueling hydrogen trains and river ferries with a capacity of over 1 tonne per day are among the projects being tendered for.

We are confident in McPhy’s ability to seize and convert market opportunities owing to its renowned expertise and its cutting-edge technologies geared to meeting the colossal market needs linked to the imperative transition towards a lower carbon economy.”

McPhy’s revenue fell 21% to €8 million in the financial year to December 31, 2018. This anticipated and announced contraction mainly reflects the delays in the concretization of several orders and an extension to the length of certain existing projects by McPhy’s customers. Revenue in Europe continued to deliver a high growth, rising 23% in FY 2018.

Revenue in Asia was held back by an end to recognition of revenue related to the €6.4 million contract to deliver the 4 MW Power-to-Gas equipment in Hebei (China). Excluding the impact of this contract, revenue growth would have been 9% in FY 2018.

McPhy held €14.9 million in cash at December 31, 2018.

The expected ramp-up in the hydrogen market predicted in the Hydrogen Council’s “Scaling Up” report continued in 2018. The French government also undertook to support the development of a carbon-free hydrogen sector as part of the energy transition. In 2019, it is expected to set aside a budget of €100 million for the roll-out of carbon-free hydrogen in the industry, mobility and energy sectors across France.

Amid buoyant market conditions, McPhy reaffirmed its leadership credentials with major industry players and forged key partnerships.
In April, it launched a whole new generation of electrolyzers under its technology partnership with De Nora. This provides a genuine technological breakthrough substantially strengthening its competitive advantage.

McPhy has also expanded its hydrogen mobility offering. In May 2018, McPhy won a contract with the Lens-Béthune urban area for a 200kg/day 350-bar refueling station. This station, which is due to enter into service in the first half of 2019, ultimately will power 10 hydrogen buses. McPhy also developed a line of dedicated refueling stations for 700-bar vehicles. These successfully passed the tests held jointly with Toyota, the leader in carbon-free mobility, paving the way for the architecture for the first series to be finalized in late 2018. An order has now been received for the first 200kg/day 700-bar refueling station close to Berlin in Germany, scheduled for delivery in late 2019.

McPhy also signed in June 2018 an industrial and commercial partnership with EDF, the world leader in low-carbon energies to develop carbon-free hydrogen in France and around the world. With the additional financial resources and the partnership of the EDF group, McPhy will be able to accelerate the pace of its growth, strengthen its business development, and conquer new markets.

The delayed orders, which impacted McPhy’s FY 2018 revenue and all its results, are expected to materialize on the medium term. Its “qualified commercial pipeline” currently stands at over €80 million, providing further evidence of its sustained commercial activity.

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 refueling station to be built by ATAWEY and located in Chambéry as part of the Zero Emission Valley project in the Auvergne-Rhône-Alpes region. Under the project, 20 stations are due to be installed across the region, including 15 with electrolyzers .

In addition, McPhy has recently received an order 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.

Lastly, the industrial and commercial partnership agreed with EDF in 2018, to develop carbon-free hydrogen in France and around the world, is now fully operational. McPhy and EDF will now make joint submissions to calls for tenders for bus refueling stations with a capacity of several hundred kg/d based on electrolyzers and for platforms to power hydrogen trains and river ferries with a capacity of over 1 tonne per day.

As a result, McPhy expects its revenue to return to growth in 2019.

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

“Projects driving zero-emission mobility can now be initiated on a regional basis.”

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, comments: “The government set new momentum for the French hydrogen industry with the launch of a rollout plan in June. Projects driving zero-emission mobility can now be initiated on a regional basis. Formed from the merging of two intercommunal bodies, the Communauté de Communes Touraine Vallée de l’Indre has a particularly interesting approach. The grouping together of intercommunal bodies is a guarantee of success, particularly in rural areas, as it facilitates the implementation of local hydrogen ecosystems that can be replicated in the heart of all regions. We are delighted to be installing our 15th McFilling station in Sorigny and would like to thank the Communauté de Communes Touraine Vallée de l’Indre for placing its trust in us.”

“The HYSOPARC project reflects Touraine Vallée de l’Indre’s desire to play an active role in the hydrogen industry.”

Alain Esnault, President of the Communauté de Communes Touraine Vallée de l’Indre, states: “We welcome the implementation of the HYSOPARC project, which reflects Touraine Vallée de l’Indre’s desire to play an active role in the hydrogen industry. Our project supports regional innovation and clean mobility, in connection with the French policy supporting regional initiatives.
The involvement of the Communauté de Communes and its municipal authorities coupled with McPhy’s recognised expertise represents a key factor for success for the rollout of zero-emission mobility in urban fringes.”

The opening of the station constitutes a first step for the Communauté des Communes, which has demonstrated its desire to develop a hydrogen production platform. To be developed in the near future using electricity coming from renewable sources, the platform will be attached to a multiservice transport centre. Coupled with the hydrogen station, this electrolyzer will be able to produce, on-site and on-demand, clean hydrogen for charging vehicles, and achieving a truly zero-emission mobility chain.

Transportation infrastructures are at the heart of the development and economic and social attractiveness of regional areas: movement of people or goods, private, business or local authority use, by road, rail or air etc. The rollout of hydrogen as a clean alternative fuel allows for a long-term vision of regional development. Zero emission mobility helps to make regions more attractive by reconciling ease of use, improved air quality and public health, and encouraging the large-scale rollout of clean energy in the energy mix and creating decentralised value.

McFilling 20-350 technology has been selected by the Communauté de Communes Touraine Vallée de l’Indre for its innovative HYSOPARC project. Intended to fuel the equivalent of a dozen utility vehicles per day, the hydrogen station will be opened in the first quarter of 2019. With capacity of 20kg of hydrogen per day – equivalent to 12 utility vehicles – the McFilling station, the 15th for McPhy, fits in with the first steps of France’s strategy of priming the market by simultaneously rolling out captive fleets and stations to fuel them.

However, it should be noted that beyond this inception phase, the market is already set for a change of scale. For example, McPhy is present in the very high capacity (several hundred kilos of hydrogen per day) stations market for fueling large fleets of vehicles, buses and even hydrogen-propelled trains, with the first contract for a hydrogen bus station signed in May in the Hauts de France region.

• 20kg per day at 350 bar, equivalent to 12 utility vehicles
• System for interoperability with “EAS-HyMob” hydrogen stations (1)
• Zero-emission mobility; no particles, no CO2, no noise

NB: Go further: Are you a local authority and want to roll out hydrogen mobility in your area? Find out more using the practical guide published by FNCCR, AFHYPAC and Mobilité Hydrogène France: “Roll out hydrogen stations in your area”. [FR]

http://www.fnccr.asso.fr/article/stations-de-recharge-a-hydrogene/

(1) EAS-HyMob is a 15-station project in Normandy. These interconnected stations all work using a 100% digital and computerised payment solution (smartphone). In order to facilitate the user experience/make life easier for users, the Sorigny station is interoperable with the EAS-MyHob network

Next communication:

2018 revenue – Tuesday 22 January 2019 after market close.

(1) Projects on which McPhy rates its chances of success and a go ahead at over 50%

Nikolas Iwan, Managing Director H2 Mobility Deutschland GmbH & Co.KG: “We have seen great progress in McPhy’s hydrogen station design in the last two years and are now looking forward to seeing them in operation.”

This first contract is very encouraging, demonstrating the potential of our technological and industrial advances. McPhy now offers a full range of hydrogen stations that cover all types of vehicle and all applications

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, commented: “At McPhy, we are leading the way forward with our hydrogen technologies for the energy transition and have put clean mobility at the forefront of our efforts over the past few years. We are delighted and proud to have received this order from H2 Mobility Deutschland.

Together with the launch of our very high-capacity stations, this first contract bodes very well for the future and demonstrates the potential of our technological and industrial advances. McPhy now offers a full range of hydrogen stations that covers all types of vehicle and all applications.

With this first 200 kg per day 700 bar station, cooled to -40°C and compliant with the SAE-J standard, we have demonstrated our successful shift to industrial scale, as well as the appeal of our cost-effective technical solutions and our status as a leading player in the market. Users will be able to fill up their passenger vehicle in less than 5 minutes, in the same way as for combustion engine vehicles, and their clean vehicles will have a range of several hundred kilometers without emitting any particles causing pollution or making any noise, thereby helping to address the environmental and climate-related challenges we face.”

H2 Mobility Deutschland, a consortium of six leading industry players (Air Liquide, Daimler, Linde, OMV, Shell and Total), is a major project aiming to establish a dense network of hydrogen filling stations.

The consortium chose McFilling technology after conducting a rigorous selection process. McPhy will install a station delivering 200 kg in hydrogen per day at a 700 bar pressure (McFilling 200-700), cooled to -40°C and compliant with the SAE-J standard.

This station, which is designed to refuel 40 or so vehicles every day, is due to enter service in Berlin in the final quarter of 2019.

This new addition, McPhy’s very first in the 700 bar station segment, will increase the number of McPhy stations to 14 and the daily potential of its stations to 50,500 km of zero emission mobility .

• 200 kg per day at a 700 bar pressure
• Cooled to -40°C
• Compliant with the SAE-J2601-1 2016 standard
• Hydrogen refueling completed in a few minutes
• Supply capacity: 40 hydrogen vehicles with a range of 500 km to 800 km
• Zero emissions: no particles, CO2 or noise

Hydrogen as an alternative clean fuel clearly represents a key success factor for the energy transition and the move to a lower-carbon society. Against this backdrop, mobility was identified as a key market in the Hydrogen Council report , which estimates there is a need for between 5,000 and 15,000 refilling stations by 2030.

The French government has also committed to supporting the nationwide development of carbon-free hydrogen. To this end, the French government plans to invest €100 million in 2019 to support the roll-out of hydrogen and make France the world leader in the field. The priorities under the plan include the development of zero emission solutions for road, rail, and river transport, with the prospect by 2023 of around 5,000 light commercial vehicles, 200 heavy vehicles (buses, trucks, regional express trains, boats) and 100 stations supplied with locally produced clean hydrogen.

By extending its range of hydrogen stations with 700 bar and dual pressure (350 and 700 bar) models, McPhy is establishing itself to cover all clean mobility needs.

Next financial press release

2018 revenues – Tuesday, January 22, 2019 after market close.

Calendar

Come and visit us on 26 and 27 September at the Cité des Congrès Pierre Baudis of Toulouse
for the “Journées Hydrogène dans les Territoires”

We are reiterating our confidence in McPhy’s growth prospects on the strength of our position as a leader, our robust balance sheet and the tremendous prospects for the hydrogen market.”

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, commented: “Our performance during the first six months of 2018 showed that McPhy is powering ahead. We demonstrated this by reaching several key milestones in our development, despite a delay to competitive tenders temporarily affecting our revenue growth and our operating income.

Our technological advances and our cutting-edge industrial infrastructures have established our leadership credentials with major industry players and enabled us to forge key partnerships.

We launched in April a whole new generation of electrolyzers under our technology partnership with De Nora. They represent a genuine technological breakthrough that substantially strengthens our competitive advantage.

We have also strengthened our offering in clean mobility with a range of dedicated refueling stations for 700-bar vehicles. Positive tests were conducted alongsideToyota, the leader in carbon-free mobility, and will enable us to finalize the architecture for the first of the series in October this year.
By the way, we signed in June an industrial and commercial partnership with EDF, a world leader in low-carbon energies to develop carbon-free hydrogen in France and around the world. With the additional financial resources and backing of the EDF group, we will speed up the pace of our growth, energize our business development, and conquer new markets.

On the sales front, we logged an order from CNR and ENGIE for a second refueling station in Lyon. We also recorded an order for a 200 kg per day capacity bus recharging station with an electrolyzer for the Lens-Béthune urban area.

We are reiterating our confidence in McPhy’s medium-term growth prospects on the strength of our positioning, our robust balance sheet and the tremendous prospects for the carbon-free hydrogen market, including the French deployment plan announced by the French minister Nicolas Hulot on June 1st, 2018 .”

McPhy’s revenue totaled €3.5 million, compared with €5.5 million in the first six months of 2017. The figure for the first half of 2017 included €2.8 million in revenue under the HEBEI contract.

Despite delays to competitive tenders temporarily affecting revenue growth and operating income, the Group maintains its business momentum, especially in very large-scale electrolysis platform projects (from 10 to 100 MW) for industry, which the impact should be substantial on revenue.

During the first half, McPhy logged an order in the clean mobility market for a second hydrogen station with an electrolyzer from CNR and ENGIE GNVERT in Lyon. It also inked a deal for its first hydrogen station for buses in the Hauts de France region, lifting to 11 the number of McPhy hydrogen stations in France, and to 30,500 km in clean mobility the daily potential of of all its stations.

As a result of revenue trends in the first half of 2018, combined with a significant R&D effort, McPhy’s operating performance fell back 34% compared with the first six months of 2017.

McPhy held €18.6 million in cash at June 30, 2018 following the capital transactions completed in the first half of the year. Its stronger balance sheet will provide a springboard for it to speed up the pace of its growth, energize its business development and conquer new markets.

During the first half of 2018, the expected ramp-up in the hydrogen market predicted in the Hydrogen Council’s “Scaling Up” report clearly materialized. The French government also undertook to support the development of a carbon-free hydrogen sector as part of the energy transition. In 2019, a budget of €100 million will be devoted to rolling out carbon-free hydrogen in the industry, mobility and energy sectors across France.

The large-scale deployment of these new clean hydrogen applications and technologies will be made possible largely through water electrolysis. With its industry-leading Augmented McLyzer technology, McPhy has established an undeniable lead in the sector, and its product range is getting more efficient and competitive all the time.

Its “qualified commercial pipeline” currently stands at €80 million. This business indicator does not include very large-scale electrolysis platform projects (from 10 to 100 MW).

McPhy is reiterating its forecast of business growth on the basis of the current highly supportive market conditions and its robust balance sheet.

Find out more about all the highlights of the first half of 2018 in the PDF below

We are delighted to have been cooperating with teams from Toyota, the leader in zero-carbon mobility, to accelerate the completion of the development of our McFilling 700 solution to meet growing demand in France and internationally.

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy, commented: “Operating on the hydrogen mobility market since 2015, with products positioned to boost the uptake of hydrogen-powered vehicles, McPhy has strengthened its offering with a range of dedicated refueling stations for 700 bar vehicles. Thanks to our testing platform, and the trials conducted together with Toyota, we are finalizing the design of the first of the series, which will be unveiled in October. We are delighted to have been cooperating with teams from Toyota, the leader in zero-carbon mobility, to accelerate the completion of the development of our McFilling 200-700 solution, of which the first deliveries could begin in 2019.”

The Group has worked with Toyota to complete successfully a testing cycle on its prototyping and testing platform at its Motte Fanjas site, the group’s historical base. There, teams from McPhy have worked to design and develop a 700 bar platform. Refueling tests were carried out on two vehicles, to test, under real-life conditions, the design concept, the components and the processes for a 700 bar refueling station, and optimize user experience prior to market launch. These tests produced positive results and in particular helped identify areas for future optimisation.

Toyota, with its expertise in 700 bar vehicles, will support McPhy in the process of finalizing the development of McFilling 200-700. This will give McPhy a full range of refueling stations, from 350 bar to 700 bar, and a strong position to meet growing demand in France and abroad and to support its clients in deploying clean mobility solutions on a large scale.

Hydrogen makes a valuable contribution to improving urban air quality. As a clean alternative fuel, hydrogen definitely has a key role to play in successful energy transition and the emergence of a lower-carbon society. Mobility was identified as a key market in the study from the Hydrogen Council (1) , which estimated that the requirement for fueling stations could be between 5,000 and 15,000 by 2030, and in the strategic plan announced by Nicolas Hulot, Minister of State and Minister for Ecological and Inclusive Transition. This devoted €100 million in 2019 to supporting the deployment of hydrogen and making France a world leader in the field: development of zero-emission solutions for road, rail and water transport, etc., with deployment by 2023 of 5,000 light vans, 200 heavy vehicles (buses, trucks, regional trains, boats) and 100 fueling stations providing locally produced hydrogen.

(1) http://hydrogencouncil.com/hydrogen-scaling-up/

Next financial communication
2018 first half results, 26 July 2018

The commissioning of the installation fits perfectly with the French ministry’s strategic plan to support the roll-out of carbon-free hydrogen and make France the world leader in the field.

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy said: “We congratulate ENGIE Cofely on completing this installation. It provides a compelling demonstration of the potential of carbon-free hydrogen produced using electrolysis as a raw material in industry. The commissioning of the installation fits perfectly with the plan announced on 1 June by France’s minister for ecological and inclusive transition Nicolas Hulot to support the roll-out of carbon-free hydrogen and make France the world leader in the field. One of the plan’s aims is to generate 10% of industrial carbon-free hydrogen by 2023 and 20% to 40% by 2028. We wish to thank ENGIE Cofely and Linde Electronics for the confidence they have placed in us by selecting our technologies.”

The hydrogen platform, which is located on the CEA Minatec site at the heart of Grenoble’s science cluster, is operated by ENGIE Cofely.

The three electrolyzers will be used specifically for CEA/LETI’s industrial processes and for GEG’s (Gaz Électricité Grenoble / in the framework of the HyWay project) zero-emission mobility solutions.

As part of this project with its industrial aims, McPhy’s electrolysis solution will provide a nominal flow rate of 30 Nm3/h and a peak flow rate of 50 Nm3/h.

Full details of the project are available in the press kit of ENGIE Cofely (French): https://www.engie-cofely.fr/publications/hydrogene-renouvelable-cea-grenoble/

Next financial communication
2018 Half year results, July 26, 2018

The supported development is expected to cost around €12.6 million of which €9.3million has been awarded by the European Union’s Horizon 2020 research and innovation fund.

The vessel’s fuel will be produced from renewable electricity marking a paradigm shift towards entirely emissions-free marine transport.
HySeas III, jointly led by shipyard, Ferguson Marine and the University of St Andrews, includes Orkney Islands Council; Kongsberg Maritime (Norway); Ballard Power Systems Europe (Denmark); McPhy (France); DLR – German Aerospace Center; and Interferry (Belgium/US) the global trade association for ferry operators and suppliers.

Employing Ballard technology, already proven across millions of miles of road transport, the initial objective is to construct and prove the vessel’s modular drive train onshore, testing for stress and durability under conditions employing real-world data from existing vessels.

Orkney

The successful test will allow a vessel to be constructed, in the already assured knowledge that such a vessel can operate safely and efficiently around Scotland’s challenging coast. The vessel is planned to operate in and around Orkney – which is already producing hydrogen in volume from constrained – and hence otherwise wasted – renewable energy.

Chief Naval Architect Chris Dunn of Ferguson Marine said, “Over recent years Ferguson Marine has been at the global forefront of green marine propulsion technology development. This exciting project is yet another positive step on that journey and puts us firmly on track to deliver the world’s first zero emission, hydrogen fuel cell powered commercial ROPAX ferry in 2020.”

Ferguson Marine Chief Executive, Gerry Marshall, added “We now have one of the most innovative and competitive shipyards in Europe which is capable of delivering ground-breaking projects for Inverclyde, Scotland and beyond. HySeas III is a living example of how it can be possible to lead the world in marine technology.”

Project Coordinator, Dr. Martin Smith from the University of St. Andrews said, “This is a very exciting stage to be at now. This opens the real possibility of Scotland and her key European partners delivering another world-first not simply in ship-building but also in building sustainable local sources of fuelling in parallel.”

Jim McColl OBE, whose Clyde Blowers Capital now owns the once-threatened shipyard, commented, “Ferguson’s was the last full-service commercial shipyard on in the River Clyde. Since taking over in 2014, we have invested £25 million to bring the yard up to the world-class standards with a new, skilled workforce, that has provided the confidence in leading this hugely important, ground-breaking project.”

Innovative partnership

Previously in 2012, Ferguson’s launched the MV Hallaig, the world’s first ever battery hybrid ferry. The redeveloped yard achieved another first in November 2017 when it launched the MV Glen Sannox, the first UK ferry build with dual-fuel capability (marine diesel & LNG). The Glen Sannox’ sister vessel is currently under construction at the shipyard.

The University of St Andrews, the 3rd Oldest University in the English-speaking world, is home to world-class research and development in hydrogen, battery and other energy technologies. A key part of the development aspect is the transferal of knowledge and expertise into real-world applications – not least in stretching the boundaries of what has previously been thought of and achieved.

Dr. Smith from The University, along with Jim Anderson at CMAL (Caledonian Maritime Assets Limited) initiated the HySeas programme in 2012. Support from Scottish Enterprise allowed the idea to be taken from an early feasibility study to the point where the focus can now shift into test and delivery.
Dr. Smith previously played a leading role in the introduction of hydrogen buses into Scotland, a development which is now set to move beyond Aberdeen with Dundee currently following and other Scottish cities considering fleets of their own.

European Backing

Support will be provided by Horizon 2020, the EU’s largest ever Research and Innovation programme to date with a budget of c.€80 billion over 7 years (2014 to 2020).
The HySeas III project formally begins on the 1st of July.

“Hydrogen is simply unavoidable if we are to succeed in the energy transition for a better, cleaner and safer future. We are delighted to be part of this unique project which opens up the future of decarbonized sea freight.” | Pascal MAUBERGER, McPhy’s CEO

“Hydrogen is simply unavoidable if we are to succeed in the energy transition for a better, cleaner and safer future. By land, rail, air or by sea, hydrogen shows itself an efficient, reliable and competitive energy.
This is what we aim to demonstrate during this specification phase, and we’re proud to bring our expertise and our “Augmented” electrolyzers and hydrogen stations – for boats, but also in the future for hydrogen trains or buses – to contribute, alongside the HySeas consortium, to design the project’s landside infrastructure.
We are delighted to be part of this unique project which opens up the future of decarbonized sea freight.”

Pascal Mauberger, Chairman and CEO, McPhy

Find out more about the whole partners and their testimonials by downloading the full PR (PDF).

Consortium Members HySeas III 

Ferguson Marine Engineering Limited, www.fergusonmarine.com
Université de St Andrews, https://www.st-andrews.ac.uk
Ballard Power Systems Europe A/S, www.ballard.com
Kongsberg Maritime AS, www.km.kongsberg.com
Orkney Isles Council/Orkney Ferries, http://www.orkney.gov.uk
DLR Institute of Networked Energy Systems d’Oldenburg, https://www.dlr.de
McPhy, www.mcphy.com
Interferry,http://www.interferry.com

Support

Scottish Enterprise/Scotland Europa,https://www.scottish-entreprise.com

Like McPhy, the technologies and industrial fabric are ready for France to position itself at the forefront of the hydrogen revolution and to actively participate in ‘scaling up’.

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy declared: “Like McPhy, the technologies and industrial fabric are ready for France to position itself at the forefront of the hydrogen revolution and to actively participate in ‘scaling up’. We salute and give our full support to the national hydrogen plan, allowing us to take a further step and to create the conditions for strong and sustainable growth in this promising sector, capable of responding to energy, environmental, economic and societal challenges.”

Starting in 2019, 100 million euros will be earmarked for the implementation of the hydrogen deployment plan, organized around three main axes:

• Creation of a decarbonized industrial sector, with an objective of 10% decarbonized hydrogen by 2023.
• Development for zero emission solutions for road, rail, river, etc., transport with the deployment on the horizon for 2023 of 5,000 light utility vehicles, 200 heavy vehicles (bus, trucks, trains (TER), boats) and 100 hydrogen stations to refuel vehicles with locally produced hydrogen.
• Increase in integration and storage capacities for renewable energies.

“Decarbonized hydrogen is the energy transition accelerator.” It was in using these words that Pascal Mauberger, by invitation from Nicolas Hulot, began his talk. He then continued, “the hydrogen revolution has begun,” citing the numerous projects already at work in the Hexagon.

The time has come for a “scale up”. Relying on its capacity for innovation, its leading edge industrial infrastructure and on its mastery of the entire hydrogen chain, McPhy intends to accompany its clients throughout their transformation and to permit clean hydrogen to achieve its full potential.

Thanks to its leading clients and partners, McPhy is well positioned to seize this scale up:

• Industry: “augmented” electrolyzers for a new low carbon era in the sectors of chemical, refinery, steel…
• Mobility: stations having the capacity to fuel a variety of hydrogen vehicles, from utility to buses and trucks, including cars and hydrogen trains .
• Energy: long term storage solutions for very large volumes.

The water electrolysis technology clearly appears to be the cornerstone for the large-scale deployment of decarbonized hydrogen, and McPhy has taken
a clear technological leadership for the sector.

The water electrolysis technology, producing on-site and on demand from renewable resources, clearly appears to be the cornerstone for the large-scale deployment of decarbonized hydrogen for industry, mobility and energy.

With its cutting-edge technology “Augmented McLyzer,” McPhy has taken a clear technological leadership for the sector, with a range that is continuously more efficient and competitive.

“Our capacity for innovation, the rapid growth of renewable energies and the support of the French government in favor of decarbonized hydrogen will all contribute, in the near future, to reinforcing the appeal and competitiveness of clean hydrogen.”, concluded Pascal Mauberger.

It should be noted that the launch of this plan was praised by AFHYPAC (the French Hydrogen and Fuel Cell Association). President Philippe Boucly declared “all the conditions are in place to make France a leader in global competition,” and continued by reaffirming his total mobilization in order to accelerate the development of the French hydrogen sector.

Complete information below (in French):

• French National hydrogen plan on the Minister’s website: https://www.ecologique-solidaire.gouv.fr/plan-hydrogene-outil-davenir-transition-energetique
• Afhypac’s statement: http://www.afhypac.org/presse/plan-hydrogene-de-nicolas-hulot-un-jalon-majeur-pour-accelerer-le-deploiement-de-la-filiere-francaise-1211/