GravitHy consortium in €2.2bn French green iron project
Plant at Fos sur Mer in southern France to produce steel feedstock using green or low-carbon hydrogen
A consortium of six companies including French utility Engie and US electrolyser-maker Plug Power has unveiled plans to develop a €2.2bn ($2.3bn) hydrogen-based green iron production plant at Fos sur Mer, a major port and industrial complex near Marseille in southern France. The consortium, called GravitHy, also includes sustainable energy investor EIT Innoenergy, automotive technology company Forvia, real-estate developer Groupe Idec and steel technology company Primetals Technologies. EIT has backing from the EU via the European Institute of Innovation. Construction of the plant is scheduled to start in 2024, with commissioning in 2027, subject to regulatory approval. The facility would pr
Also in this section
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter
16 April 2024
European Commission to provide list of approved certifiers in a move that is expected to help unlock investment in the sector
9 April 2024
Higher country-level risk and green hydrogen project execution risks are driving up financing costs, according to the Hydrogen Council and McKinsey