TotalEnergies, Air Liquide to develop hydrogen stations in Europe
SUMMARY
The partners aim to deploy more than 100 hydrogen stations on major European roads - in France, Belgium and Germany.
By Shardul SharmaPOSTED IN:
TotalEnergies and Air Liquide have decided to create an equally owned joint venture to develop a network of hydrogen stations for heavy duty vehicles on major European road corridors, TotalEnergies said on February 2.
The partners aim to deploy more than 100 hydrogen stations on major European roads - in France, Belgium and Germany - in the coming years. These stations, under the TotalEnergies brand, will be located on major strategic corridors.
TotalEnergies said it will bring its expertise in the operation and management of station networks and distribution while Air Liquide will contribute with its expertise in the entire hydrogen value chain.
The joint venture will invest, build and operate these stations, as well as procure hydrogen from the market and dispense it to its transport customers.
TotalEnergies and Air Liquide plan to establish their joint venture in 2023, subject to the finalisation of the appropriate contractual documentation and to the receipt of the necessary regulatory approvals.
