- McPhy Energy SA plans to delve into electrolyser manufacturing.
- The firm will offload forty of its refuelling station projects.
McPhy Energy SA, a French hydrogen equipment company, plans to sell its refuelling station business to concentrate exclusively on electrolyser manufacturing. McPhy has entered into exclusive negotiations with a domestic green hydrogen refuelling station provider, Atawey, to purchase the business. The business the firm seeks to offload includes projects signed, commissioned and/or under execution, representing 40 stations.
McPhy’s CEO, Jean-Baptiste Lucas, noted, “Our Gigafactory dedicated to the new generation of electrolysers, whose construction is nearing completion, will require the mobilisation of all our resources to become a major player in the substantial low-carbon hydrogen market.” McPhy is currently focused on the need for mass production of high-capacity electrolysers to meet the growing market demand. In late 2022, the company made a final investment decision on an alkaline electrolyser gigafactory in Belfort, France.