Air Liquide is to take a 40% stake in H2V Normandy, a company planning to develop a green hydrogen production unit, featuring electrolysis technology, the French industrial gases firm confirmed today (20th Jan).
The move demonstrates Air Liquide’s long-term commitment to hydrogen energy and its ambition to be a major player in the supply of renewable and low-carbon hydrogen in a bid to decarbonise the industry and mobility markets, the company added.
H2V Normandy, a subsidiary of H2V Product, plans to build a large-scale electrolyser complex in the industrial zone of Port-Jérôme in Normandy, France that will supply renewable and low-carbon hydrogen for industrial applications, as well as future heavy mobility applications.
The project is part of an ambitious programme to develop new energies to decarbonate industrial activities (refining and chemical) on the Seine Valley axis in Normandy, one of Air Liquide’s historical industrial basins in France.
François Jackow, Executive Vice-President and a member of the Air Liquide Group’s Executive Committee, said, “As France has resolutely committed to energy transition with an ambitious hydrogen plan, Air Liquide, a major player in the industry, is investing locally to develop the activity.”
“With this strategic project aimed at producing hydrogen by electrolysis, the group is strengthening its presence in the Normandy industrial basin.”
“This investment is in line with Air Liquide’s commitment to supply hydrogen from renewable or low-carbon sources for mobility and to support the decarbonisation of the industry and thus to promote the emergence of hydrogen as a key element in the energy transition.”