• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Technologies.org

Technology Trends: Follow the Money

  • Sponsored Post
    • Make a Contribution
  • Technology Events 2022-2023
  • Technology Domains
  • Technology Markets
  • Venture Capital
  • Contact
    • About

McPhy opens a new industrial site in Grenoble and will increase its hydrogen station production capacity sevenfold

June 22, 2021 By Technologies.org Leave a Comment

McPhy is continuing its transition to an industrial scale with a new hydrogen stations production site located in the heart of the Grenoble area and operational from March 2022

By increasing its manufacturing capacity to 150 stations per year, McPhy is providing a strategic answer to the future of the hydrogen mobility market

Significant operational and industrial synergies are expected, by bringing together research and innovation, engineering, production and support functions on a single site, allowing the optimization of project execution times and a better service to customers

This project will lead to the creation of over 100 new jobs in the Isère region once it achieves full output

La Motte-Fanjas – McPhy (Euronext Paris: MCPHY – ISIN: FR0011742329), specialized in zero-carbon hydrogen production and distribution equipment (electrolyzers and hydrogen stations), today announces that it is having a new industrial site dedicated to the development and mass production of hydrogen stations. Operational from March 2022, this new factory will bring together the research and innovation, engineering and production activities currently based in La Motte-Fanjas and Grenoble, as well as support functions. From 2022, the factory will multiply McPhy’s hydrogen station manufacturing capacities sevenfold, from 20 to 150 units per year, and create over 100 direct jobs, at full load, in the Grenoble area. The Group is thus equipped with a particularly efficient platform to fluidify its industrial and logistical tool, which will optimize project execution times and the service provided to its customers.

Laurent Carme, CEO of McPhy, states: “This new industrial site marks an important milestone in McPhy’s history and in our transition to industrial scale. McPhy has all the technological and industrial assets to serve a fast-growing hydrogen mobility market. This project will lead, in term, to the creation of over 100 jobs in the Grenoble region. I would like to thank the teams of McPhy for all the commitment they put, on a daily basis, into making this project a great success. I also warmly thank all the services of the French State and local authorities, the Auvergne-Rhône-Alpes Region and Grenoble-Alpes Métropole, for their support in this venture for the energy transition and the reindustrialization of the territories”.

Antoine Ressicaud, Chief Manufacturing & Procurement Officer: “From March 2022, we will have a state-of-the-art production tool, to better serve our customers. This industrial set-up will allow us to multiply by 7 our production capacities of hydrogen stations and strengthen our technological leadership in green hydrogen production and distribution equipment. From an economic standpoint, our ramp-up and the volume effect will result in significant gains in competitiveness”.

Synergies and pooling of skills

In March 2022, McPhy will move into the heart of Grenoble, renting a 4,000 m2 existing industrial building. The teams currently spread between the La Motte-Fanjas and Grenoble sites will be brought together there, which will increase efficiency in the realization of projects, promote knowledge-sharing by creating synergies of teams and skills, and further improve the level of customer service with reduced turnaround times. The surface area of the new offices and their location in an urban area, accessible by public transport, will facilitate the onboarding of new employees with the objective of recruiting over 100 employees by the time the site is running at full load.

Annual manufacturing capacity increased from 20 to 150 stations per year from 2022

The factory is expected to gradually ramp up production to reach an annual manufacturing capacity of 150 stations from 2022. This increase in volume, when McPhy already has 35 stations delivered or in the process of being delivered, will significantly lower manufacturing costs while guaranteeing optimum delivery times. At the same time, the Group will implement a new integrated test platform and demanding lean manufacturing processes based on digital manufacturing tools, with the aim of mass-producing its new range of stations for refueling all types of vehicles: light vehicles, buses, trucks or trains.

This increase in productivity and capacity is a response to the massification of the hydrogen mobility market, a consequence of the pivotal role played by hydrogen in the transport decarbonization process.

A location at the heart of the European ecosystem

The takeover of this industrial site marks, for McPhy, a strengthening of its foothold in Auvergne-Rhône-Alpes, a pioneering region in the development of hydrogen. Thanks to its strategic location in the heart of the Grenoble ecosystem, which is one of the most dynamic in Europe, McPhy’s new factory will contribute to the international Group’s standing. Its location, which is optimal in terms of logistics flow management, will give the Group the capacity to supply the entire European market.

Next financial events

2021 Half-Year Results, on July 27, 2021 (after market)

About McPhy
Specialized in hydrogen production and distribution equipment, McPhy is contributing to the global deployment of zero-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy is listed on Euronext Paris (compartment C, ISIN code: FR0011742329, MCPHY).

Source: MCPHY ENERGY SA
To learn more: www.mcphy.com

Related

Filed Under: Tech Tagged With: hydrogen

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Recent Posts

  • Infinitum Electric Raises $80M in Series D Funding Led by Riverstone Holdings to Scale Production of Sustainable Motors
  • Introducing IonQ Forte, Improving Quantum Performance with a Software-Configurable Dynamic Laser System
  • Cloudflare Unveils New SQL Database Offering
  • Cloudflare announces Workers for Platforms
  • Intel is rolling out new processors designed for data centers
  • EU moves to wean itself off Russian fossil fuels
  • A New Hydrogen-Powered Behemoth
  • BAE Systems to Bring Next-Generation Electric Drive System to Heavy-Duty Industrial Vehicle Market
  • MEMS Speakers Are Replacing Balanced Armature Speakers
  • Trends in data and analytics

Media Partners

  • VPNW
  • S3H
  • OPINT
  • Press Media Release
  • OSINT
  • Digital Market
  • Briefly

Media Partners

  • Technology Conferences
  • Event Sharing Network
  • Defense Conferences
  • Cybersecurity Events
  • Event Calendar
  • Calendarial
  • Opinion
  • Venture Capital

Copyright © 2015 Technologies.org

Technologies, Market Analysis & Market Research Reports

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT