France: Borne announces 10 projects for €2.1 billion as part of the “hydrogen strategy”


PARIS, Sept 28 (Reuters) – Prime Minister Elisabeth Borne announced on Wednesday the launch of ten industrial projects supported by the State to the tune of 2.1 billion euros as part of the development strategy of the “green” hydrogen in France.

“Ten French projects have been selected for a public investment of 2.1 billion euros,” she said during a visit to the Plastic Omnium research and development center in Compiègne (Oise).

With the help of Europe, this is an opportunity for a “giant step” for hydrogen in France, welcomed the head of government.

For these ten projects, 2.1 billion euros in public funds will be released, to which will be added 3.2 billion in private investment, ie 5.3 billion in total.

The 2.1 billion in public money is included in the nine billion envelope already announced as part of the plan to make France one of the European leaders in the production of “low carbon” hydrogen by 2030.

Established in seven regions, the “giga factories” will create around 5,200 direct jobs for the manufacture of electrolyzers, hydrogen tanks, fuel cells, vehicles, hydrogen trains and materials, explained Elisabeth Borne.

Alstom, Arkema, Forvia, Plastic Omnium are concerned by these projects, as well as smaller companies such as McPhy and Genvia, said Matignon. (Report Elizabeth Pineau, edited by Jean-Stéphane Brosse)




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