Lhyfe - Experts & Thought Leaders

Plug Power Inc. (PLUG), a globally renowned provider of turnkey hydrogen solutions for the global green hydrogen economy, and Lhyfe, one of the world’s pioneers in the production of green and renewable hydrogen, have announced the world’s first production of hydrogen at sea on a floating platform with a Plug state-of the-art 1-megawatt electrolyzer on an offshore green hydrogen production site in Saint-Nazaire, France. Plug Power Inc.’s electrolyzer will be directly powered by off-shore wind turbines. EX-425D 1-megawatt electrolyzer Plug’s marinized EX-425D 1-megawatt electrolyzer product will be the first electrolyzer operating on a floating platform under extreme conditions. The electrolyzer system has been marinized to meet acceleration, tilt and other marine specifications. The project, named ‘Sealhyfe’, paves the way for leveraging offshore wind assets being built globally, and specifically, around the North Sea in Europe. The project will be operated for 6 months at the pier, then for 12 months off the coast of Le Croisic at the offshore testing site - SEM-REV by French engineering school, Centrale Nantes. Lhyfe and Plug form strategic relationship Today’s inauguration of Sealhyfe marks a pivotal moment for Plug and Lhyfe" Lhyfe and Plug, having initiated a strategic relationship in October 2021, have also executed a MoU (Memorandum of Understanding) to jointly develop 300 megawatts of green hydrogen plants across Europe by 2025. In September, Plug Power Inc. announced a deal with Lhyfe to provide 50 megawatts of PEM electrolyzers for green hydrogen production, the company’s largest multi-site order in Europe. “Today’s inauguration of Sealhyfe marks a pivotal moment for Plug and Lhyfe, demonstrating that green hydrogen is possible, not just in onshore projects, but offshore too,” said Andy Marsh, the Chief Executive Officer CEO of Plug Power Inc., adding “We’re proud to be instrumental in creating the world’s first offshore green hydrogen project, another first for Plug, Lhyfe, and the world.” Sealhyfe Sealhyfe is supported by the French energy and environment agency - ADEME and the Pays de la Loire Region. The project was developed by a consortium, led by Lhyfe, who has managed all the engineering studies and will operate the production site, and includes Chantiers de L’Atlantique, GEPS Techno, Eiffage Énergie Systèmes, the Port of Saint-Nazaire and Kraken Subsea Solutions. The Plug-Lhyfe partnership expects to work together on future commercial offshore electrolyzer plants.

Lhyfe, a pure player in renewable green hydrogen, has placed an order for ten 5 megawatts (MW) European manufactured PEM (proton exchange membrane) electrolyzer systems with Plug Power Inc., a provider of turnkey hydrogen solutions for the global green hydrogen economy, for production of green hydrogen across multiple plants in Europe. This is the largest electrolyzer order placed by a French company. Renewable green hydrogen With these electrolyzers of a total capacity of 50 MW (equivalent to up to 20 tons per day), Lhyfe aims to produce renewable green hydrogen using primarily wind and solar power for various mobility applications in Europe, including forklifts and light commercial vehicles, such as Master Van from Hyvia, Plug’s joint venture with Renault with hydrogen deliveries as early as 2023. Lhyfe and Plug, having initiated a strategic relationship in October 2021, will also jointly develop 300MW of renewable green hydrogen plants across Europe by 2025. mobility opportunities Renewable green hydrogen demand will increase as private and public sectors seek to decarbonize operations" “We’re moving quickly to deliver on a shared ambition with Lhyfe to reduce carbon emissions in Europe’s mobility sector at scale. Renewable green hydrogen demand will only increase as both the private and public sectors seek to decarbonize operations to reach sustainability goals as well as improve energy security,” said Andy Marsh, CEO of Plug. “In addition to high-performing electrolyzers, we are bringing to Lhyfe deep mobility opportunities through our joint venture with Renault and our experience deploying hydrogen-powered forklift solutions for customers like Amazon and Walmart.” turnkey electrolyzer The electrolyzers will be assembled in Europe. Plug’s 5MW turnkey electrolyzer is the largest available outdoor solution with the smallest footprint in the market. Lhyfe will be developing each hydrogen plant, achieving high performance. Lhyfe will also operate each site, and manage renewable energy as well as renewable green hydrogen commercialization and delivery. environmentally friendly and accessible hydrogen We have now demonstrated our ability to produce renewable green hydrogen from renewable energies" Matthieu Guesné, founder and CEO of Lhyfe said, "This milestone demonstrates the acceleration of the development of Lhyfe's production unit projects. We have now demonstrated our ability to produce renewable green hydrogen from renewable energies and the relevance of our strategy to deploy numerous production sites for environmentally friendly and accessible hydrogen throughout Europe." "It is now time to implement our projects. Expectations are high: this successful partnership with Plug Power allows us to meet them with confidence." PEM electrolysis Plug has been a pioneer in PEM electrolysis for nearly 50 years and was recently named the number one hydrogen electrolyzer company by Guidehouse Insights. The company has been present in Europe for over a decade and has made significant progress in deploying hydrogen applications with key European industrial, logistics, and vehicle manufacturing customers, including a joint venture with Renault, called HYVIA. From its European Service and Logistics Center in North Rhine-Westphalia, Germany, Plug has installed or won contracts for several PEM technology solutions in Germany, France, The Netherlands, Italy, and Portugal.

Lhyfe, a world pioneer and pure player in renewable green hydrogen and Chantiers de l’Atlantique, one of the world’s leaders on the shipbuilding market for highly complex ships and in offshore engineering, have announce at the Seanergy 2022 forum, dedicated to renewable offshore energy, that they have signed a Memorandum of Understanding (MoU) for the development of offshore hydrogen production platforms. Lhyfe - Chantiers de l’Atlantique partnership Lhyfe is one of the most renowned and advanced players worldwide in the field of renewable green hydrogen. The company, whose green hydrogen production plants are directly interconnected with renewable energy sources to supply local industry and transportation, already has 93 projects in development for production plants in Europe, equating to more than 4.8 GW of total installed capacity. Lhyfe inaugurated its first industrial production plant in September 2021 Lhyfe inaugurated its first industrial production plant in September 2021 and twenty of its projects are at an advanced stage of development (i.e. Tender ready, Awarded or in Construction), representing a total 380.5 MW, due to be operational between 2023 and 2026. Lhyfe - green hydrogen production developer Since Lhyfe was founded, it has been part of a major research program to develop green hydrogen production at sea, as near as possible to offshore energy sources, which are the most abundant, the most powerful, the least intermittent and therefore, the most competitive renewable energy solution for the mass production of green hydrogen for industrial uses. Lhyfe has already signed partnerships to this end and developed several offshore concepts. Chantiers de l’Atlantique, via its Marine Energy & Engineering business unit (Atlantique Offshore Energy), has developed recognized expertise in renewable marine energies. Notably, it has successfully delivered major energy companies on the European market with four offshore electrical substations for offshore wind farms. Offshore green hydrogen production The desire to be a leader in energy transition has led Chantiers de l’Atlantique to work on the production of offshore green hydrogen, over the last three years, in order to reduce the environmental footprint of the power substations, designed and built in Saint-Nazaire, in France. This agreement comes as Lhyfe and Chantiers de l’Atlantique, who have already been working together for 18 months, as part of the SEM-REV project, on the co-development of a pilot system for offshore hydrogen production, prepare to launch the world’s first offshore renewable hydrogen production demonstrator in September 2022, off the coast of Saint-Nazaire, France. Offshore renewable hydrogen production demonstrator Lhyfe and Chantiers de l’Atlantique will collaborate on offshore renewable hydrogen production projects On the strength of this first offshore renewable hydrogen production demonstrator, the two companies wanted to reinforce their partnership to deploy the system on a large scale. Lhyfe and Chantiers de l’Atlantique will collaborate on offshore renewable hydrogen production projects, with on-grid or off-grid wind farms. Chantiers de l’Atlantique will design, build and install the platforms, while Lhyfe will be in charge of the design and operation of the renewable hydrogen production facilities. Lhyfe and Chantiers de l’Atlantique sign MoU This agreement aims not only to develop the renewable hydrogen fuel chain at sea, but in port areas as well. For offshore projects, the two partners plan to develop production solutions with a minimum capacity of 100 MW, which will be installed on existing fixed structures, or mounted on seabed foundations or floating platforms Thomas Créach, Lhyfe’s Technical Director, said “We are delighted to take this new step forward with Chantiers de l’Atlantique. Thanks to the complementarity and solidity of our expertise, and based on our previous achievements, we are now in a position to respond to the various calls for tenders related to offshore. The production of renewable green hydrogen on a very large scale is now within reach!”  Playing a full role in energy transition Frédéric Grizaud, Director of the Marine Energy & Engineering Business Unit (AOE), Chantiers de l’Atlantique, said “The signing of this agreement is the concrete materialization of a successful collaboration between two companies with a desire to play a full role in energy transition. We are now in a position in France to offer green hydrogen production solutions for the international market.”