McPhy has entered into a partnership agreement to develop carbon-free hydrogen (H2) in France and around the world with French electric utility company EDF Group.
The industrial and commercial partnership agreement is a new milestone for EDF in terms of its contribution to the energy transition with its expansion into carbon-free H2 solutions to develop in the medium term a carbon-free and competitive H2 fuel offering.
Cédric Lewandowski, EDF Group’s Senior Executive Vice-President in charge of Innovation, Strategy and Planning, commented, “We are delighted to announce this link-up with McPhy, a leading player in H2 and a group with which we have been working for several years. This partnership represents a first step that will enable EDF to speed up its expansion into this burgeoning new market that will create new jobs in France and around the world.”
Pascal Mauberger, Chairman and CEO of McPhy, added, “We are very pleased to have sealed this partnership with EDF Group, a world leader in low-carbon energy. The deal represents a key new milestone in McPhy’s development. With the additional financial resources EDF Group is bringing and its support, we will be able to accelerate the pace of our expansion, ramp up our business development and move into new markets.”
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