Plug Power has secured a supply order for its PEM (proton exchange membrane) electrolyzer systems from Lyfe for the production of green hydrogen across multiple plants in Europe.
Lyfe procures ten 5-MW European manufactured PEM electrolyzers with a total capacity of 50 MW with the aim to generate renewable green hydrogen using primarily wind and solar power for various mobility applications in Europe. Lhyfe and Plug will jointly develop 300 MW of renewable green hydrogen plants across Europe by 2025 after it has entered into a strategic partnership in October 2021.
Lhyfe will be developing each hydrogen plant. It will also operate each site and manage renewable energy as well as renewable green hydrogen commercialization and delivery.
Country updates
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August 29, 2022
BayWa to develop 40 MWp solar-storage-hydrogen project in Haute-Saintonge
The Community of Communes of Haute-Saintonge has selected BayWa r.e. and Lhyfe to develop a 40 MWp solar photovoltaic (PV) project linked with an energy storage system located at the Pôle M&eacu...
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August 18, 2022
Ardian to acquire majority stakes in GreenYellow
Ardian has signed an agreement with Groupe Casino, Bpifrance and Tikehau Capital to acquire a majority stake in GreenYellow. GreenYellow is a French pioneer founded within the Ca...
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August 17, 2022
DEME Offshore installs offshore substation of 500 MW Fecamp offshore wind project
DEME Offshore has completed the installation of the offshore substation of the 500 MW Fécamp offshore wind farm project located about 13 km off the coast of Fecamp in Normandy, France...
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August 10, 2022
KKR reopens friendly tender to buy rest of Albioma shares
KKR has revealed the reopening of its friendly tender offer for the independent French renewable energy company Albioma, following the conclusion of the first period of the offer on Jul...
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August 04, 2022
KKR buys majority stake of Albioma
Albioma and KKR have signed an agreement for the acquisition of 83.44% of Albioma’s capital after KKR's Board of Directors unanimously approved the transaction in May 2022. Albio...
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