Welcome to Our New Member H2V!
Based in France, H2V invests, develops and builds green hydrogen production gigafactories to ‘defossilise’ sectors with particularly high CO2 impact, such as industry and heavy mobility.
Within the industry sector, our new member works to replace grey hydrogen currently used in refineries and the chemical sector, and to substitute natural gas and coal used in steelworks. For heavy mobility, H2V strives to produce green hydrogen to replace diesel in trucks, heavy fuel oil in maritime transport, and kerosene in aviation.
Green hydrogen is the result of water electrolysis which splits water into hydrogen and oxygen. The energy needed for this process can come from two sources: electricity of renewable origin secured via Power Purchase Agreements (PPA) or low-carbon electricity from the French electricity grid.
Our new member is currently developing gigafactories to produce green hydrogen in France and has plans to establish expand into Belgium and the United Kingdom.
Find out more about H2V here.
