McPhy to build a gigafactory for electrolysers in France
French firm McPhy Energy has pre-selected Belfort, which is a commune in north-eastern France, as the potential site for its electrolyser gigafactory. The gigafactory aims to gradually produce 1 GW of alkaline electrolyser capacity annually and begin operations in 2024. Setting up the gigafactory would require an investment in the range EUR 30 to 40 million.
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