HDF Energy receives financial support of 172 million euros for its hydrogen fuel cell project

Bordeaux, June 26, 2024 – HDF Energy, specialized in high-power fuel cells, announces the approval of the French subsidy by the European Commission. This support, of up to 172 million euros, will be devoted to the development and industrialization of high-power hydrogen fuel cells in the factory located near Bordeaux.

This financing is part of the IPCEI “Hy2Move”, approved on May 28, 2024. It supports HDF Energy's investments in multi-megawatt fuel cells intended for heavy maritime and rail mobility, as well as production electricity for public networks.

The project will be implemented in the new premises in Blanquefort. HDF Energy teams will develop multi-megawatt batteries there, meeting sustainability and cost requirements. A unique fuel cell testing platform will also be available to industrial partners and European research centers.

HDF Energy aims to decarbonize heavy mobility and improve the competitiveness of the hydrogen industry. According to Hanane El Hamraoui, industrial director, this support is a crucial step in this mission.