French company Lhyfe to build hydrogen plant in Tarragona and create 300 jobs

French company Lhyfe, a global pioneer in the production of renewable green hydrogen for transportation and industrial applications, has announced the development of a green hydrogen plant in Tarragona, Catalonia (Spain), for which it has been awarded a grant of up to €14M from H2 Pioneros, a funding call created in Spain to support initiatives in renewable energy, green hydrogen, and energy storage.

This plant will be Lhyfe's first green hydrogen production site in Spain, while seven sites are currently under construction in Europe. Lhyfe has about 200 employees dedicated entirely to renewable hydrogen production, with projects in 11 countries and a pipeline of over 10 GW1 in Europe.

The plant will be in an industrial area in Vallmoll (Tarragona, Catalonia), and it will address the demand for green hydrogen from different industrial companies.

“This project will significantly contribute to providing competitive green hydrogen for many industrial and transport companies in the province of Tarragona”

Taia Kronborg, Chief Business Officer at Lhyfe

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Potential clients include companies active in the chemical and other industrial sectors that aim at replacing fossil fuels (grey hydrogen and natural gas) currently used in their production process with green hydrogen, as well as transport or logistics companies looking to replace their fleet (trucks, forklifts) with less polluting vehicles like hydrogen-powered electric vehicles.

Lhyfe's project is one of only 14 across Spain in 2023 awarded grant financing through H2 Pioneros (out of 81 projects submitted). The grant, which will fund the design phases, equipment supply, and construction work, represents about half of the total estimated investment in the project, with the first kilos of green hydrogen to be produced in 2026.

"We are very happy to have been awarded this grant, which we see as a clear reward for our efforts and as the recognition of our expertise in producing and delivering green hydrogen to multiple customers over the last two years. It is also proof of us going in the right direction in Spain. We would like to reiterate our commitment to the Spanish hydrogen strategy and welcome the fact that Spain is focusing on the rapid expansion of a hydrogen infrastructure based on renewable energies. This project will significantly contribute to providing competitive green hydrogen for many industrial and transport companies in the province of Tarragona. It will support our objective to increase the penetration of green hydrogen throughout Spain in other similar industrial processes", says Taia Kronborg, Chief Business Officer at Lhyfe.

The project's implementation is subject to granting operating authorizations, construction permits, and financial investment decisions.

About Lhyfe

Lhyfe is a European group devoted to energy transition and a producer and supplier of green and renewable hydrogen. Its production sites and portfolio of projects are intended to provide access to green and renewable hydrogen in industrial quantities and create a virtuous energy model capable of decarbonizing entire industry and transport sectors. In 2021, Lhyfe inaugurated the world's first industrial-scale green hydrogen production plant to be interconnected with a wind farm. In 2022, Lhyfe inaugurated the world's first offshore green hydrogen production pilot platform.

Lhyfe currently has seven sites under construction or expansion throughout Europe, and it is represented in 12 European countries and had 192 staff at the end of June 2023.

Source: Lhyfe