HysetCo and Lhyfe announce the signing of an offtake contract for renewable hydrogen
Nantes and Saint-Denis (France), 24 October 2024, 7:30 am – Lhyfe (EURONEXT: LHYFE), one of the world’s pioneers in the production of green and renewable hydrogen for mobility and industry, and HysetCo, a pioneer in hydrogen mobility and a European leader, announce the signing of their first renewable hydrogen supply contract. The contract, signed in July[1], marks an important step in the decarbonisation of transport in the Paris region and in the transition to low-carbon mobility thanks to renewable hydrogen, a clean energy source.
Caption: Hydrogen station of the HysetCo network, in Collégien (77), powered by green and renewable hydrogen from Lhyfe (container in the background). HD visual on this link. Credit: HysetCo and Lhyfe.
Under this first agreement, since July 15th, Lhyfe has been supplying renewable hydrogen to one of HysetCo’s refuelling stations located on the site of the Carrefour hypermarket in Collégien (Ile-de-France region), for an initial period of 18 months.
Lhyfe produces green and renewable hydrogen through the electrolysis of water, at production units powered by renewable energy. Launched in 2017, the company inaugurated its first site in 2021, and today has four installed sites and several sites under construction across Europe.
The contract represents more than 45 tonnes of renewable hydrogen over the period, or the equivalent per week of around 60,000 emission-free kilometres travelled on the road by HysetCo’s customers. Green and renewable hydrogen is particularly well-suited to the intensive uses of these vehicles.
Loïc Voisin, Chairman of HysetCo, said:
- The signing of this first renewable hydrogen supply contract with Lhyfe is a key step in supporting our strong growth and guaranteeing our customers practical, rapid and easy access to clean mobility. This step forward is crucial to supporting carbon-free hydrogen mobility and effectively improving air quality
Matthieu Guesné, Founder and Chief Executive Officer of Lhyfe:
National coverage is a major component in the widespread deployment of green and renewable hydrogen in France and Europe.
“he launch of a captive fleet is an excellent way of creating momentum at regional level. We warmly welcome HysetCo’s decision to switch its fleet to this new, clean energy vector, and in so doing to set a new milestone in the development of green and renewable hydrogen in the Paris Region!”
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HysetCo and Lhyfe announce the signing of an offtake contract for renewable hydrogen, source
