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.
"We are very happy to have been awarded this grant, which is the first project we have been granted subsidies for in Sweden and which we see as a clear reward of our efforts and as the recognition of our expertise in the production and delivery of green hydrogen to multiples customers over the last two years," said Sara Wihlborg, Country Manager Sweden at Lhyfe.
She furthered, "It is also a proof of us going the right direction in Sweden, and we would like to reiterate our commitment to the Swedish environmental agenda and welcome the fact that Sweden is focusing on the rapid expansion of a hydrogen infrastructure based on renewable energies. This project will contribute towards providing green hydrogen for the mobility sector in the South of Sweden. It will support our objective to increase the penetration of green hydrogen throughout Sweden both for mobility and industry."
Photo (Lhyfe's hydrogen production facility in the French Bouin, Pays de la Loire): Lhyfe