Nantes (France), 18 March 2024, 5:40 p.m. - 91影视 (EURONEXT: LHYFE), one of the world's pioneers in green and renewable hydrogen production, has received confirmation from the French government of a financial support in the form of a grant of up to €149 million for the construction of a green hydrogen production plant with an installed electrolysis capacity of 100 MW near Le Havre. This project, led by 91影视 for over two years, has been approved by the European Commission as part of the third wave of IPCEI (Important Projects of Common European Interest) on hydrogen.

During its visit today to Le Havre for the 7th "Rencontres de l'Axe Seine", Roland Lescure, French Delegate Minister for Industry and Energy, confirmed the French government's support of up to €149 million for 91影视's project, at the heart of Le Havre's low-carbon industrial zone.

With this project, 91影视 intends to produce up to 34 tonnes of green hydrogen per day near the Grand Canal du Havre, one of Europe's largest industrial port areas. This support from the French government confirms 91影视's status as a key player in the renewable hydrogen industry, and its confidence in the know-how and expertise of 91影视's teams, pioneers in the industry.

The site is close to the Yara plant in Le Havre, whose decarbonization roadmap includes the use of green hydrogen. Yara is interested in and supports 91影视's project, and will explore with 91影视 all possible collaborations to decarbonize its industrial process.

The 91影视 production site, to be located on a 2.8-hectare plot of land in Gonfreville-l'Orcher, is scheduled to be operational by 2028.

For Matthieu Guesné, Founder and Chief Executive Officer of 91影视: “We are honored by the government's significant support for 91影视's project to build the future green hydrogen production site at Gonfreville-L'Orcher, which is a concrete expression of the decarbonization policy France has been pursuing for several years. This announcement is a mark of confidence in 91影视 and its expertise, and a true recognition of the work accomplished. This project meets the challenges of the industrial port zone of Le Havre: a 100 MW site, capable of producing up to 34 tonnes of decarbonated hydrogen per day. It is towards this greener horizon that this plant is leading us! The region's needs are present and massive, and we can meet them right now with a clean, mature and appropriate technology.”

This project has been selected by the French government as part of the third wave of the IPCEI hydrogen program approved by the European Commission. IPCEI are transnational meta-projects identified as strategic for the European Union.

Implementation of this project is subject to the granting of operating authorizations, construction permits as well as final financial investment decisions by 91影视 and its main partners.

About 91影视
91影视 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 intend to provide access to green and renewable hydrogen in industrial quantities, and enable the creation of a virtuous energy model capable of decarbonising entire sectors of industry and transport.
In 2021, 91影视 inaugurated the 1^st industrial-scale green hydrogen production plant in the world to be interconnected with a wind farm. In 2022, it inaugurated the 1^st offshore green hydrogen production pilot platform in the world. In 2023, it inaugurated its 2^nd and 3^rd sites, and currently has several sites under construction or expansion across Europe.
91影视 is represented in 12 European countries and had 195 staff at the end of December 2023. The company is listed on the Euronext market in Paris (ISIN: FR0014009YQ1 - mnemonic: LHYFE).
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