Lhyfe and Masdar to develop green hydrogen projects in Europe

Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore the co-development of large-scale green hydrogen production projects in Europe. 

This partnership will identify collaboration and investment opportunities across the green hydrogen value chain, combining the strengths of both companies to drive innovation and growth in the sector.

In October 2024, Lhyfe also signed an MoU with KEYOU to advance hydrogen mobility in Germany and Europe. Lhyfe is constructing a production plant in Schwäbisch Gmünd, Germany, which is expected to be operational by the end of 2024.