Fives launches HyGen: €7.5M to develop carbon-free mobility using liquid hydrogen
TECHNOLOGICAL LEADERSHIP IN HYDROGEN AT THE SERVICE OF LOW-CARBON MOBILITY
A technological leader in cryogenics for 65 years, Fives, with more than 50 references in hydrogen liquefaction, is the partner of the world’s largest players in industrial gases.
Thanks to the alliance of the members of the consortium expertise, HyGen aims to:
Remove technological barriers to scale-up liquefaction equipment and multiply existing capacities by ~10
Strengthen the reliability of the equipment and secure their use
Contribute to improving France’s competitiveness in hydrogen and to the creation of a strong sector around liquid hydrogen
Meet the growing demand for hydrogen on the global market in favor of green mobility
A HISTORIC PLAYER IN THE ECONOMIC DYNAMISM OF THE GRAND-EST REGION
The hydrogen equipment are designed in Fives’ workshops in Golbey, in the Vosges, where the Group employs more than 370 people.
To support the growth of its hydrogen activity, Fives plans to recruit 85 new people by 2030 in its key professions (preliminary design, engineering, quality, welding, production, etc.). The HyGen project will also involve third-party stakeholders (subcontractors, suppliers) and thus boost the regional economic ecosystem.
“As a leader in hydrogen liquefaction equipment, we are proud, with the HyGen project, to participate in the growth of this sector in France. A pioneer in the decarbonization of industry, Fives aims, with its partners, to support the energy transition and the green mobility” declares Vincent Pourailly, President of the Business Line Energy | Cryogenics of Fives.
