Aurélie Verronneau–Air Liquide takes a stake in H2V Normandy for a large-scale green hydrogen project .
A few days after Total and Engie, who signed an agreement to produce green hydrogen at the La Mède biorefinery, in the Bouches-du-Rhône, it is Air Liquide’s turn to advance its pawns in the carbon-free hydrogen. The manufacturer took a 40% stake in the capital of the French company H2V Normandy, a subsidiary of H2V Product, without however revealing the financial details of the operation. H2V Product was created in 2016 to supply hydrogen to petrochemicals and fertilizers manufacturers in the Le Havre region.
With H2V Normandy, which will produce hydrogen by electrolysis of water from renewable electricity, Air Liquide will participate in the development of an electrolyser complex in Port-Jérôme-sur-Seine, in Normandy.
A project worth around 230 M € of investment, with the hoped-for support of the government’s Hydrogen call for expressions of interest. With a power of 200 MW for a capacity of up to 28,000 tonnes of hydrogen per year, the two players will target industrial applications and heavy mobility projects.
According to Air Liquide, already established in Port-Jérôme with a low-carbon hydrogen production unit by CO2 capture, the project will prevent the emission of 250,000 tonnes of CO2 per year.