Climate Leap, an investment programme of the Swedish Environmental Protection Agency, has awarded up to SEK125.6 million (€11m) for the French company's 10-megawatt production plant in Southern Sweden.
Once potentially up & running in 2027, the Trelleborg site will produce up to four tonnes of green hydrogen per day.
The grant - which will fund the development & design phases, the supply of equipment, and the construction work - represents about 40% of the total estimated investment in the project.
The project's implementation is subject to the granting of operating authorizations and construction permits, as well as to financial investment decisions.
Photo (Lhyfe's hydrogen production facility in the French Bouin, Pays de la Loire): Lhyfe