McPhy Energy : French government boosts support for the hydrogen industry: €114 million in public funding for the McPhy Gigafactory project.
McPhy Energy, specialized in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), announces that the French government is accelerating its plan to make France the leader in carbon-free hydrogen by 2030. The industrial-scale production of new generation alkaline electrolyzers is essential to achieve this goal.
In this context, the McPhy Gigafactory project will benefit from a public aid from the French State, for a maximum amount of €114 million, which is part of the PIIEC “Hy2Tech” approved by the European Commission on July 15, 20221 .
The Belfort site has been pre-selected by McPhy for the implementation of this Gigafactory project.
With this project,…