Lhyfe and SAF+ International Group sign MoU

The partners are aiming for a facility in the port region of Le Havre, where Lhyfe would build a green hydrogen production site with a capacity of more than 100 tpd (300 MW of installed electrolysis capacity) to supply an e-SAF production site that SAF+ is planning to build. This industrial complex would be connected to the hydrocarbon transport network in order to transport the e-SAF obtained from Le Havre to airports in the Paris region, as well as in northern and eastern France via the existing infrastructure.

The two partners are aiming for a market launch by 2030, to align with market expectations and the zero-emission targets set for 2050.

"This agreement between Lhyfe and SAF+ shows our shareholders and stakeholders that our European strategy is well on track. Demand for SAF in the coming years will be exponential, so we now need to be able to demonstrate that viable solutions will be put in place in the short term. The partnership signed today between two leaders like Lhyfe and SAF+ is proof that we can achieve these objectives," explained SAF+ CEO, Jean Paquin.

Matthieu Guesné, Founder and CEO of Lhyfe, said: "Through this ambitious agreement with SAF+, we are demonstrating our determination to help decarbonise not only industry and road transport, but also air transport, which in 2020 accounted for 2.9% of global CO₂ emissions. Green and renewable hydrogen is now a mature solution that has established itself as one of the pillars of decarbonisation. It can and must now be deployed as quickly as possible, including in the aviation industry."

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/01022024/lhyfe-and-saf-international-group-sign-mou/