Industrial gases company Air Liquide (AIRP.PA) and TotalEnergies (TTEF.PA) plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France looks to increase its sources of renewable energy.
France and other European countries are aiming to build up their renewable energy resources with Russian energy supplies hit as a result of sanctions against Moscow following its invasion of Ukraine.
French President Emmanuel Macron said in September he would cut down on bureaucractic processes to get more French renewable energy projects off the ground.
Air Liquide will invest more than 130 million euros ($133 million) in the construction and operation of a new facility producing hydrogen, while TotalEnergies’ biorefinery will use the unit’s hydrogen to produce sustainable aviation fuel, the companies said in a joint statement.
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SOURCE: REUTERS