McPhy Energy: McPhy awarded a major contract in the field of green hydrogen pipeline supply with HMS Oil & Gas in Germany
December 18 2023 - 1:30AM
McPhy Energy: McPhy awarded a major contract in the field of green
hydrogen pipeline supply with HMS Oil & Gas in Germany
- A strategic project for HMS with a total of 64 MW implemented
in 2 steps
- Supply of four McLyzer 3200-30 to HMS Oil & Gas division in
Germany, which will be operated as part of a major tie-in point for
the hydrogen grid at the Radeland Compression station in
Brandenburg
- A key milestone contract to start manufacturing within the
Gigafactory in Belfort, supported by the San Miniato plant in
Italy
- Final investment decision on the Djewels project expected in
the first half of 2024
Grenoble, France, December 18, 2023 -
7:30 am CET - McPhy Energy, specialized in low-carbon
hydrogen production and distribution equipment (electrolyzers and
refueling stations), today announces the signing of a major
contract with HMS Oil and Gas division GmbH, based in Berlin, for
the supply and commissioning of four McLyzer 3200-30 with a
capacity totaling 64 MW.
The electrolyzers will operate on the Radeland
Compression station, Brandenburg, which is connected to a pipe
network connection, going from the Baltic Sea to the Southwest of
Germany. Its strategic position will make this site a key
contributor to the hydrogen conversion of this important natural
gas pipeline into one of the major hydrogen pipelines, as part of
the project “Flow – making hydrogen happen”. This large-scale
project is the first mover project to start-up a key milestone in
gas grid conversion to hydrogen in Europe, and aims at using
existing infrastructure, to rapidly open up important areas across
Europe for hydrogen ramp up.
The contract is structured on two phases,
starting with the supply of one McLyzer 3200-30, with a capacity of
16 MW, which will be commissioned and in operation end of 2025. The
second phase comprises three additional McLyzer 3200-30 to be
commissioned in 2027. Those electrolyzers, of a total capacity of
64 MW, will be supplied with electricity sourced from a wind park
and photovoltaic plants nearby the station and will produce up to
10,000 tons of low-carbon hydrogen per year. The final investment
decision for phase I will be in 2024 and for phase II end of
2025.
McPhy has planned to start manufacturing the
McLyzer 3200-30 on its newly constructed Gigafactory in Belfort
with the design and engineering of very high-capacity electrolysis
systems in the framework of this contract. It will be supported by
the San Miniato plant in Italy for the production of stacks. McPhy
will also provide long-term maintenance services.
Jean-Baptiste Lucas, Chief Executive
Officer of McPhy, declares: “We are thrilled to announce
the signing of a major contract with HMS Oil and Gas division in
Germany for the supply and commissioning of four McLyzer 3200-30
with a capacity totaling 64 MW. McPhy once again reveals its
ability to support its partners in their quest for energy
transition by taking part with HMS to a large-scale project, which
will highly contribute to hydrogen ramp up across Europe. With the
upcoming launch of our Gigafactory, we look forward to ultimately
support other key milestone projects across the region and thus
further harnessing the power of hydrogen.”
Dennis Schwind, Chief Executive Officer
of HMS Bergbau AG, says: “As a Berlin-based and globally
active company, HMS Bergbau AG is always endeavoring to provide
suitable energy solutions for all regions of the world. In
addition, of course we also have a very special interest in helping
to shape the changing energy environment here on our doorstep with
a project of this kind."
Update on the Djewels
project
The Djewels project, signed in July 2023
involves the supply of a 20-megawatt McPhy Electrolyzer in Delfzijl
(Netherlands), to be operated by HyCC. As a reminder,
this project is subject to a final investment decision by HyCC.
HyCC aims to take this decision in the course of the 1st half of
2024, instead of end 2023 as initially considered, pending EU
approval of a subsidy from the Dutch state; this approval being in
the final stage of public consultation process.
Next financial event:
- Publication of 2023 Annual Revenue, February 5,
2024, after market close
About HMS Bergbau AG
HMS Bergbau AG is an internationally active,
independent commodities marketing company specialized in reliable
just-in-time deliveries of raw materials, energy products, ores,
cement and other commodities for industrial customers worldwide.
HMS is characterized by long-standing customer relationships with
leading raw material consumers in Europe, Africa, the Middle East
and Asia and is open-minded in its search for new business
opportunities.
About McPhy
Specialized in hydrogen production and
distribution equipment, McPhy is contributing to the global
deployment of low-carbon hydrogen as a solution for energy
transition. With its complete range of products dedicated to the
industrial, mobility and energy sectors, McPhy offers its customers
turnkey solutions adapted to their applications in industrial raw
material supply, recharging of fuel cell electric vehicles or
storage and recovery of electricity surplus based on renewable
sources. As designer, manufacturer and integrator of hydrogen
equipment since 2008, McPhy has three development, engineering and
production centers in Europe (France, Italy, Germany). Its
international subsidiaries provide broad commercial coverage for
its innovative hydrogen solutions. McPhy is listed on Euronext
Paris (compartment B, ISIN code: FR0011742329, MCPHY).
CONTACTS
HMS |
GFEI Aktiengesellschaft T.
+49 511 47402310kontakt@gfei.ag |
NewCap |
|
Investor
RelationsEmmanuel Huynh T. +33 (0)1 44 71 94 99
mcphy@newcap.eu |
Press
RelationsNicolas Merigeau T. +33 (0)1 44 71 94 98Gaëlle
FromaigeatT.+33 (0)1 44 71 98 52mcphy@newcap.eu |
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