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McPhy Energy : ENGIE Cofely has commissioned clean hydrogen production and storage equipment, supplied by McPhy, at its Utilities Service Unit in Grenoble

News Provided by GlobeNewswire2018-06-27

Â Press release

ENGIE Cofely has commissioned clean hydrogen production and storage equipment, supplied by McPhy, at its Utilities Service Unit in Grenoble

An ENGIE Cofely installation illustrating the potential of the carbon-free hydrogen, produced using electrolysis, as a raw material in industry
Three McPhy electrolyzers and two storage modules perfectly suited to meeting the significant increase in the hydrogen requirements of the Utilities Service Unit (PUS)
The PUS's production performance and energy independence guaranteed while reducing its environmental footprint

La Motte-Fanjas, JuneÂ 27, 2018 at 5:45pm - McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329)a specialist in hydrogen production, storage and distribution equipment, congratulates ENGIE Cofely on commissioning its industrial production unit of renewable hydrogen at its Utilities Service Unit in Grenoble. For this project, which illustrates the potential of carbon-free hydrogen produced using electrolysis as a raw material in industry, the three production units and two storage modules were supplied by McPhy.

Pascal Mauberger, Chairman and Chief Executive Officer of McPhy said: "We congratulate ENGIE Cofely on completing this installation. It provides a compelling demonstration of the potential of carbon-free hydrogen produced using electrolysis as a raw material in industry. The commissioning of the installation fits perfectly with the plan announced on 1 June by France's minister for ecological and inclusive transition Nicolas Hulot to support the roll-out of carbon-free hydrogen and make France the world leader in the field. One of the plan's aims is to generate 10% of industrial carbon-free hydrogen by 2023 and 20% to 40% by 2028. We wish to thank ENGIE Cofely and Linde Electronics for the confidence they have placed in us by selecting our technologies."

An installation demonstrating the potential of the carbon-free hydrogen produced using electrolysis for industryÂ

The hydrogen platform, which is located on the CEA Minatec site at the heart of Grenoble's science cluster, is operated by ENGIE Cofely.

The three electrolyzers will be used specifically for CEA/LETI's industrial processes and for GEG's (Gaz Ã‰lectricitÃ© Grenoble / in the framework of the HyWay project) zero-emission mobility solutions.

As part of this project with its industrial aims, McPhy's electrolysis solution will provide a nominal flow rate of 30 Nm³/h and a peak flow rate of 50 Nm³/h.

Full details of the project are available in the press kit of ENGIE Cofely (French): https://www.engie-cofely.fr/publications/hydrogene-renouvelable-cea-grenoble/

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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). Â		Â
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Media relations NewCap Nicolas Merigeau T. +33 (0)1 44 71 94 98 mcphy@newcap.eu Â Investors Relations NewCap Julie Coulot \| Emmanuel Huynh T. +33 (0)1 44 71 20 40 mcphy@newcap.eu	Follow us at Â @McPhyEnergyÂ Â