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Validation of the McPhy electrolyzer Gigafactory project by the European Commission under the framework of the Hydrogen IPCEI program

MCPHY ENERGY SAGrenoble, France, July 18, 2022, 7:30 am CEST – McPhy (Euronext Paris Compartment B: MCPHY, FR0011742329), specialized in zero-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), announces that its electrolyzer Gigafactory project has been approved by the European Commission as one of the projects submitted by France under the Hydrogen IPCEI1.https://ec.europa.eu/commission/presscorner/detail/en/ip_22_4544
McPhy’s Gigafactory project aims to develop new generation electrolyzers and to deploy their industrial production in series.The Belfort site has been pre-selected by McPhy for the implementation of this Gigafactory.With this project, McPhy is targeting 3 objectives:Innovation, through the development of new generation alkaline electrolyzers, in terms of size, components and integration within platforms;Industrialization of…

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