McPhy Energy : McPhy will deliver a second hydrogen station to CNR and ENGIE for clean mobility in Lyon

 Press release

McPhy will deliver a second hydrogen station to CNR and ENGIE for clean mobility in Lyon

• A daily potential of 8,000 km of zero-emission hydrogen mobility for the Lyon area
• The station will be powered by an electrolyzer for a true clean mobility chain. CNR will provide renewable electricity and operate the electrolyzer. ENGIE, via its subsidiary GNVERT, in charge of the distribution of alternative fuels, will operate the recharging station and distribute green hydrogen to vehicles
• 10th hydrogen station reference in France, bringing the daily potential of clean mobility up to 29,000 km for McPhy stations

La Motte-Fanjas, April 11, 2018 - 5:45pm - McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) a specialist in hydrogen production, storage and distribution equipment, announced today the signature of a tripartite contract with CNR (Compagnie Nationale du Rhône) and ENGIE GNVERT for the installation of a second McPhy Hydrogen station at the Edouard Herriot port in Lyon.  With a capacity of 80 kg per day, the future station will be connected to an electrolyzer that produces green hydrogen on site and on demand.  CNR will provide the renewable electricity and operate the electrolyzer. GNVERT will operate the recharging station and distribute green hydrogen to vehicles.

Pascal Mauberger, Chief Executive Officer of McPhy stated:

«I thank our clients and partners at CNR and GNVERT for their continued confidence by entrusting us with this second installation in Lyon. This new success demonstrates the pertinence of our technologies in meeting both the increasing needs of our clients and the challenges for the transition to low-carbon energy."

McPhy, a key partner in the deployment of clean mobility solutions

As part of the European project H2ME, funded by the European Joint Undertaking on Fuel Cell and Hydrogen (FCH JU), this new station project demonstrates the relevance of McPhy's technologies, able to meet the growing needs of customers for large-scale mobility solutions. This station will have 4 times more capacity than the station already deployed at the Port de Lyon in 2016 and will allow CNR and ENGIE GNVERT to deliver 80 kg of clean hydrogen per day, representing a daily potential of 8 000 km of zero-emission mobility.

Furthermore, this project represents the second McPhy station in France connected to an electrolyzer that can produce hydrogen on site and on demand from renewable energy. This station will be equipped with two distribution hubs that can power light-duty and heavy-duty vehicles. It is scheduled to start operations in 2019.

The technologies and the infrastructure of McPhy are ready for the "ramp up" that was announced in the Hydrogen Council study "Scaling up"^[1].  In this context, McPhy continues to develop its technologies in order to accompany its clients in the deployment of larger-scale alternative energy solutions and to actively contribute to building the network of hydrogen infrastructures in the French territory. The 10 McFilling stations installed or in the process of being installed in France represent a daily potential of 29,000 km of zero-emission mobility.

Upcoming financial communication 

             Results for first-half 2018, 26th July 2018

About FCH JU / H2ME 2

These activities received funding from the European Union within the framework of the program HORIZON 2020 through the Fuels Cells and Hydrogen Joint Undertaking under the grant agreement n°700350. The content of this document is the sole responsibility of its authors and the European Union is not responsible for the purpose for which the information contained in this document could be used.

http://www.h2me.eu/

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production, storage and distribution equipment, McPhy contributes to the deployment of clean hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the hydrogen energy, zero emission mobility and industrial hydrogen markets, McPhy provides turnkey solutions to its clients. These solutions are tailored to our client applications: renewable energy surplus storage and valorization, fuel cell car refueling, raw material for industrial sites.

As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company's international subsidiaries ensure a global sales coverage of McPhy's innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).