Green hydrogen: McPhy Energy signs contract with Plansee Group in innovative project

McPhy Energy signs a contract with Plansee Group to supply an electrolyzer to produce green hydrogen for the production of low-carbon metals at its site in Reutte, Austria. This project will enable Plansee Group to halve its CO2 emissions by 2025.

Partagez:

McPhy Energy, a company specializing in the production and distribution of low-carbon hydrogen equipment, announced the signing of a new contract with Plansee Group for the supply, assembly and commissioning of a 4 MW McLyzer 800-30. The electrolyzer will be operated at Plansee Group’s manufacturing site in Reutte, Austria, where green hydrogen will be used to produce carbon-neutral high-performance metals for various high-tech applications such as semiconductors, electronics or medicine.

A highly innovative low-carbon metal production project

This project is a highly innovative low-carbon metal production project and a milestone in metallurgy. The equipment provided will allow the site to progressively replace production with green hydrogen produced with renewable energy. The first delivery of green hydrogen is expected by the end of 2024.

The electrolyser will help Plansee Group to halve its CO2 emissions at the Reutte site by 2025. Currently, the production of hydrogen from natural gas represents 50% of its CO2 emissions at the Reutte production site. Plansee Group’s goal is to supply the site with hydrogen produced without CO2 emissions by 2030.

In addition to the supply of the electrolyzer, McPhy has signed a long-term maintenance contract to ensure reliability and operational availability. With this contract, McPhy registers a new reference in the industrial field.

Plansee Group and McPhy Energy commit to sustainable solutions in metallurgy

Jean-Baptiste Lucas, CEO of McPhy, said, “As energy efficiency has become a key trigger for green hydrogen investments, especially in hard to address markets, we are delighted to announce our support to Plansee Group in making this project a reality.” He added: “In addition, as the operations will take place in Austria, this collaboration will allow us to expand our footprint in the DACH region, where we are already well established with our site in Wildau.”

Plansee Group specializes in products made from molybdenum and tungsten materials, covering the entire value chain from ore concentration to custom tools and components. The product portfolio includes over 100,000 different products and tools. This enables Plansee Group to create high-tech devices for everyday use such as smartphones, as well as sustainable and efficient solutions for mobility, energy supply and industrial manufacturing. In the fiscal year 2021/22, Plansee Group achieved consolidated sales of EUR 2.02 billion with 11,174 employees.

Indeed, this project is an important step towards the production of low-carbon metals and the use of green hydrogen. With the support of McPhy Energy, Plansee Group is firmly committed to reducing its carbon footprint and promoting sustainable solutions in metallurgy.

Stanwell announces the end of its participation in the Central Queensland Hydrogen Project, a major international hydrogen production initiative, raising questions about the sector's outlook in the region.
Lhyfe becomes the first French producer to obtain European RFNBO certification, delivering the first batches of certified hydrogen and opening access to new support mechanisms for the industrial sector.
Tree Energy Solutions and CPC Finland will produce 125,000 tonnes annually of e-NG at the Finnish port of Rauma, targeting European and international markets with a significant investment.
The European Commission grants €3.5mn to support preparatory work for a Franco-German cross-border network aimed at transporting hydrogen between the Grand Est region and Baden-Württemberg starting in 2029.
French company McPhy Energy awaits a court decision regarding offers submitted during its judicial reorganization, paving the way for probable liquidation and potential delisting of its shares.
The majority-Indigenous-owned Canadian manufacturer HyVera Distributed Energy is introducing an eCat pellet that instantly produces ultra-pure green hydrogen without external electricity and is counting on two pilot plants to simplify industrial supply.
Underground hydrogen storage, essential to support its growth, continues to face significantly higher costs than natural gas storage, along with major technical challenges hindering its competitiveness against conventional energies.
Singapore-based hydrogen specialist Hydrexia seals a protocol with Indonesian gas giant Samator to deploy purification, transport and storage of hydrogen, betting on rapidly growing local demand and export outlets to the Asia-Pacific region.
Cadiz Inc. signs a memorandum of understanding with British company Hoku Energy for a large-scale energy project including green hydrogen, solar power, and digital infrastructure in the Californian desert, projecting annual revenues of up to $10mn.
BP indefinitely halts its blue hydrogen project at the Whiting refinery in Indiana, raising questions about the future of federal funding and the impact on regional plans for a decarbonized hydrogen sector in the United States.
The Polish energy group ORLEN receives a non-repayable grant of €382 million from the National Recovery Plan to finance its renewable and low-emission hydrogen production initiatives.
Georgia Power and Mitsubishi Power announce successful completion of an unprecedented test incorporating 50% hydrogen into an advanced gas turbine, reducing CO2 emissions by 22% compared to natural gas alone.
Neoenergia has begun construction of one of Brazil's first green hydrogen plants, aimed at supplying heavy and light vehicles, with an investment exceeding 30 million Brazilian reais ($5.99mn).
The SA-H2 fund, supported by international partnerships and local institutional backing, mobilises 37 million USD to develop export-oriented green hydrogen from South Africa, with an initial concrete project announced.
Turbotech reports successful combustion testing of a hydrogen turboprop, developed through digital simulation with Ansys, marking an industrial milestone in light aircraft using alternative fuel.
France Hydrogène responds to the Cour des Comptes report published on June 5, criticising an incomplete reading of updated targets and the economic impacts of decarbonised hydrogen development.
The Belfort Commercial Court has opened a judicial reorganisation procedure for McPhy, while a renewed call for tenders for its asset sale is now set to close on 13 June.
Plug Power CFO Paul Middleton acquired 650,000 shares on the market, affirming his support for the long-term strategy of the hydrogen-focused company.
The Canadian government is funding an initiative to support 40 SMEs in British Columbia’s hydrogen sector, aiming to increase foreign investment and expand international market share.
Developer CWP Global has paused its $40 billion AMAN project in Mauritania due to a lack of buyers for green ammonia despite favourable local conditions.