European green and renewable hydrogen producer Lhyfe quadrupled its revenues to €5.1m in 2024, compared to 2023 (€1.3m), after having more than doubled its revenues between 2022 (€0.6m) and 2023.
Lhyfe says that, despite concerns about the pace of development of the green hydrogen sector in Europe, thr group has managed to hold its own thanks to a strategy that is clearly paying off, and continues to grow nicely.
Five countries - China, South Korea, Japan, France and Germany - each have more than 100 hydrogen stations (HRS) stations in operation, accounting for a combined share of 79% of the global total.
European green hydrogen production group Lhyfe has secured funding of up to c.€11m (SEK130m) to build a renewable hydrogen production facility in Vaggeryd, Jönköping County, in southern Sweden.
Aegis Energy has secured investment of £100m to start construction of what it says is the UK’s first clean, multi-energy recharging and refuelling facilities for commercial vehicles.
