Air Liquide Invests €400 Million to Build Electroylzer in Normandy

by webmaster

Air Liquide, a French industrial gas company, has announced its plans to invest more than 400 million euros ($429.3 million) in the construction of an electrolyzer in Normandy. This investment is part of a larger agreement to supply TotalEnergies with hydrogen.

The electrolyzer will have a capacity of 200 megawatts and will provide the equivalent of 100 megawatts of power to TotalEnergies’ plant in Gonfreville, Normandy, starting in the second half of 2026. The remaining 100 megawatts will be allocated for customers in the Normandy industrial basin and for the advancement of low-carbon mobility, according to Air Liquide.

Under the terms of the agreement, TotalEnergies will generate up to 100 megawatts of renewable electricity to power the electrolyzer. Air Liquide will also secure long-term renewable power purchase agreements and utilize low-carbon energy from the French power grid to meet the rest of the plant’s energy requirements.

This strategic investment by Air Liquide demonstrates their commitment to advancing sustainable energy solutions and supporting the development of low-carbon technologies.

Willing to try automated trading?
See the best forex robots rating to make the right choice.
Explore the list here >
Willing to try automated trading?
See the best forex robots rating to make the right choice.
Explore the list here >

Related Articles

Leave a Comment

− 2 = 2