Zero carbon hydrogen production and distribution equipment specialist McPhy has secured a second order as part of its strategic partnership with Hype. As a key player in light and heavy hydrogen mobility, Hype has once again selected McPhy to accelerate the deployment of its green hydrogen distribution network. This second order signed with Hype, earlier than initially expected, includes a second alkaline electrolyzer of 2 to 4 MW and a second large capacity Dual Pressure 800 kg per day. They will be installed in the Paris region. This new order is part of the strategic partnership between McPhy and Hype announced at the end of 2021. It will be completed in the coming months, subject to confirmation of specific subsidies requested by Hype in 2021, by 4 additional stations with a capacity of 800 kg per day. Further commercial opportunities are expected to arise from this partnership with the establishment by the end of 2022 of a co-exclusive framework agreement between Hype and McPhy. This agreement covers the deployment by Hype by the end of 2025 of a minimum of 100 stations in France and Europe, of which 50% would be allocated to McPhy, and 15 to 25 MW of alkaline electrolysis. When Mr Mathieu Gardies created STEP in 2009, the aim was to provide a zero-emission solution for Parisian taxis and address the urgent need to drastically reduce air and noise pollution in urban areas. In 2014, after unfruitful trials with battery electric vehicles, he switched to hydrogen, a solution far more suited to intensive or random mobility. In 2015, following the sale of the world’s first mass-produced hydrogen-powered vehicles, he launched Hype in Paris on the occasion of COP21. This fleet of hydrogen-powered taxis comprised five cars fuelled by the first hydrogen station located at Place de l’Alma in Paris. Hype created HysetCo in 2017 for the first phase of its Parisian development; Air Liquide, Toyota and Total joined HysetCo in 2018, 2019 and 2021, respectively. By early 2022, Hype's fleet should exceed 700 hydrogen vehicles in the Île-de-France region, Hype will begin to open up to self-employed drivers with zero-emission mobility packages adapted to facilitate their transition to zero-emission and will announce the next two cities in which it will set up. Hype will base this growth on the development of Hype Assets, its wholly-owned subsidiary created in 2021, to continue the deployment of the Hype network of green hydrogen stations in Paris and other cities, open to all. Through industrial partnerships with HRS and McPhy, two leaders in the French and European hydrogen industry, Hype will order a minimum of 12 stations with a capacity of 1 tonne per day of locally produced green hydrogen by 30 June 2023.
Zero carbon hydrogen production and distribution equipment specialist McPhy has secured a second order as part of its strategic partnership with Hype. As a key player in light and heavy hydrogen mobility, Hype has once again selected McPhy to accelerate the deployment of its green hydrogen distribution network. This second order signed with Hype, earlier than initially expected, includes a second alkaline electrolyzer of 2 to 4 MW and a second large capacity Dual Pressure 800 kg per day. They will be installed in the Paris region. This new order is part of the strategic partnership between McPhy and Hype announced at the end of 2021. It will be completed in the coming months, subject to confirmation of specific subsidies requested by Hype in 2021, by 4 additional stations with a capacity of 800 kg per day. Further commercial opportunities are expected to arise from this partnership with the establishment by the end of 2022 of a co-exclusive framework agreement between Hype and McPhy. This agreement covers the deployment by Hype by the end of 2025 of a minimum of 100 stations in France and Europe, of which 50% would be allocated to McPhy, and 15 to 25 MW of alkaline electrolysis. When Mr Mathieu Gardies created STEP in 2009, the aim was to provide a zero-emission solution for Parisian taxis and address the urgent need to drastically reduce air and noise pollution in urban areas. In 2014, after unfruitful trials with battery electric vehicles, he switched to hydrogen, a solution far more suited to intensive or random mobility. In 2015, following the sale of the world’s first mass-produced hydrogen-powered vehicles, he launched Hype in Paris on the occasion of COP21. This fleet of hydrogen-powered taxis comprised five cars fuelled by the first hydrogen station located at Place de l’Alma in Paris. Hype created HysetCo in 2017 for the first phase of its Parisian development; Air Liquide, Toyota and Total joined HysetCo in 2018, 2019 and 2021, respectively. By early 2022, Hype's fleet should exceed 700 hydrogen vehicles in the Île-de-France region, Hype will begin to open up to self-employed drivers with zero-emission mobility packages adapted to facilitate their transition to zero-emission and will announce the next two cities in which it will set up. Hype will base this growth on the development of Hype Assets, its wholly-owned subsidiary created in 2021, to continue the deployment of the Hype network of green hydrogen stations in Paris and other cities, open to all. Through industrial partnerships with HRS and McPhy, two leaders in the French and European hydrogen industry, Hype will order a minimum of 12 stations with a capacity of 1 tonne per day of locally produced green hydrogen by 30 June 2023.
