Kallista Energy and Lhyfe signwind power sales agreement. The latter is one of the world leaders in the production of green, renewable hydrogen. Their long-term contract supports Lhyfe’s growth and the decarbonization of industry and mobility.
Green Energy and Repowering
The Brachy wind farm has been equipped with 5 wind turbines for almost 17 years. It is located in the commune of Brachy in Seine-Maritime. Kallista Energy, owner and operator of the wind farm, will replace these turbines with state-of-the-art machines. With the same number of turbines, the new wind farm will be able to produce 70% more electricity than the old one. The financing of this renewal was made possible by the long-term power sales contract (cPPA). Kallista Energy and Lhyfe have signed a 15-year agreement. The refurbished Brachy wind farm will be home to 5 Vestas V126 wind turbines, with a total output of 15 MW. Scheduled for commissioning in summer 2024, it will generate 46 GWh of renewable electricity annually. All this production will be dedicated to Lhyfe’s green and renewable hydrogen production sites.
Renewable Energy Supply Strategy
Lhyfe has established a renewable electricity supply strategy to support its future green hydrogen production sites. With units already in service in the Pays de la Loire region and two new units in Brittany and Occitania, Lhyfe is aiming for a maximum total production capacity of 4 tonnes of green, renewable hydrogen per day. This cPPA contract enables Lhyfe to guarantee a long-term supply of green electricity. It also ensures competitive sales conditions for renewable hydrogen.
The Complementarity of Renewable Energies and Green Hydrogen
Frédéric Roche, President of Kallista Energy, explains: “The complementarity of renewable energies and green hydrogen is doubly virtuous: wind energy, transformed into hydrogen, enables the rapid decarbonization of industries that cannot use electricity directly, and hydrogen erases the variability of wind energy thanks to the flexibility of electrolyzers. We are proud to conclude this cPPA with Lhyfe as part of the renewal of one of our wind farms, while significantly increasing electricity production on the same site without increasing the number of wind turbines.”
Matthieu Guesné, Chairman, CEO and Founder of Lhyfe, adds: “This agreement with Kallista Energy strengthens our network of green energy supply partners, and gives us an additional 46 GWh per year to power our next production sites. It’s thanks to the trust of players like Kallista Energy that the green and renewable hydrogen sector is gaining momentum, to rapidly and massively decarbonize industry and mobility.”
Kallista Energy partners
Kallista Energy’s partners in this project are Clifford Chance (lawyers), SaarLB and BNP. Paribas (bank financing) and Vestas (wind turbine manufacturing and maintenance) also feature.
About Lhyfe and Kallista Energy
Lhyfe is a European group specializing in the production of green, renewable hydrogen. In 2021, Lhyfe inaugurated the world’s first industrial green hydrogen production site directly connected to a wind farm. Lhyfe is listed on the Euronext market in Paris.
Kallista Energy, founded in 2005, is an independent renewable energy producer operating wind and solar farms in France, the Netherlands and Germany. The company is backed by funds advised by Ardian on behalf of APG and Axa.
