- France's McPhy is a tiny company today, but hopes to ride its capabilities in pressurized alkaline electrolyzers to participate in green hydrogen growth.
- Powered by renewable energy, green hydrogen is an increasingly viable alternative to hydrogen produced from natural gas and a means of lowering emissions from industries like steel and cement.
- Low double-digit share of the electrolyzer market could drive McPhy to over EUR 600M in revenue in 2030 on 39GW of industry-wide installed green hydrogen capacity.
- 39GW of installed capacity would cover only a fraction of today's grey hydrogen, let alone on-site steel or cement demand.
- McPhy is competing with far larger rivals and the shares may be difficult to buy for some American investors.
For further details see:
McPhy Offers A Still Largely Unknown Play On Green Hydrogen