Lhyfe has secured a €149m ($169m) subsidy from the French government to support its future green hydrogen production plant located near the Grand Canal of Le Havre.
President Emmanuel Macron today (April 17) confirmed a grant for Lhyfe’s 34-tonne-per-day Green Horizon project, which has been recognised by the European Commission as an Important Project of Common European Interest (IPCEI).
The plant is expected to be completed by 2029, and it will support the decarbonisation of local industry and transport, including Yara’s nearby ammonia facility, which is planning to introduce green hydrogen.
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