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Category: News & Hydrogen

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ICPE 1416: Deciphering and future developments

An Installation Classified for Environmental Protection (ICPE) refers to a strict French regulatory framework that governs industrial or agricultural facilities likely to pose risks to the environment, safety, or human health. Recognized for its comprehensive and rigorous standards, the ICPE framework serves as a benchmark in other European countries. It ensures that facilities minimize their environmental impact and adhere to the highest safety protocols, setting a model for sustainable industrial practices.

Understanding ICPE and Its Classifications

What are the criteria for being classified as an ICPE?
Facilities are classified as ICPE based on:

  • Nature and activity: Type of production or storage (e.g., hydrogen storage, chemical production).
  • Quantitative thresholds: Hydrogen storage volume, facility power, etc.
  • Associated risks: Potential environmental impacts, substance hazards.

What are the different ICPE categories?
ICPEs are divided into three main categories:

  1. Authorization (A): Facilities with significant risks requiring prior authorization and comprehensive impact studies. Example: A hydrogen station with a storage capacity exceeding 10 tonnes.
  2. Registration (E): Facilities with moderate risks requiring registration with simplified studies. Example: Smaller facilities with limited storage capacity.
  3. Declaration (D): Low-risk facilities requiring only a declaration to authorities. Example: very small or temporary installations.

What are some relevant ICPE rubrics for hydrogen?

  • 1416: Hydrogen distribution in stations.
  • 3420: Hydrogen production through electrolysis.
  • 4715: Hydrogen storage.
  • 2910: Hydrogen combustion (e.g., in engines or turbines).

What are the obligations for ICPE facilities?
Obligations vary by category but generally include:

  • Developing risk prevention plans.
  • Conducting regular compliance audits.
  • Installing appropriate safety measures (fire extinguishers, containment systems).
  • Monitoring environmental impacts (emissions, discharges).

Understanding ICPE 1416 and Its Upcoming Changes

The ICPE 1416 regulation governs hydrogen distribution stations in France, focusing on safety, environmental compliance, and operational reliability. It provides detailed guidelines for the safe operation, storage, and distribution of hydrogen, tailored to mitigate risks associated with hydrogen’s flammability and high energy content. For example, the regulation mandates that hydrogen storage tanks must maintain a minimum safety distance minimum 10 to 20 meters from sensitive or residential areas, depending on specific site assessments and operational features like containment and venting systems, for storage volumes exceeding 1 ton and below 5 tons.

To meet safety standards, stations must be equipped with reliable leak detection systems. These systems promptly alert operators in the event of a hydrogen release, triggering emergency protocols such as automatic valve shutdowns or the activation of fire suppression systems. Firefighting resources, such as water-based or inert gas suppression systems, are mandatory to control potential hydrogen fires.

In addition, the regulation requires adequate ventilation to prevent the buildup of gas in enclosed spaces, which could lead to explosions. Storage tanks and associated equipment must be located in open areas or equipped with high-performance ventilation systems. These infrastructures are subject to regular maintenance and thorough inspections to ensure their proper functioning. Operators must document these inspections and confirm that all components meet current technical standards.

Finally, the environmental impact of hydrogen stations is carefully considered. Operators are required to implement measures to prevent accidental releases and minimize emissions’ impact on air, soil, or water. Emergency response plans, including evacuation procedures, are mandatory to protect surrounding communities.

Set to change in 2025, the regulation will introduce new safety standards and technological updates to accommodate the growing scale of hydrogen infrastructure. For example, stations will need advanced leak detection systems capable of real-time monitoring and triggering emergency shutdown protocols. These updates aim to simplify the implementation of hydrogen mobility projects while addressing key safety and operational challenges. For stakeholders in the hydrogen mobility sector, understanding these changes is critical to ensuring the success and compliance of their projects.

Atawey’s Key Role in Shaping Hydrogen Standards

As a leader in hydrogen mobility, Atawey plays a crucial role in shaping the regulatory framework. Our experts actively participate in France Hydrogène working groups, contributing to the refinement of ICPE 1416 and related standards. These collaborations bring together manufacturers, installers, and policymakers to address challenges, remove regulatory barriers, and ensure hydrogen projects meet high safety and efficiency standards.

Our involvement goes beyond advisory roles. By working closely with public bodies and industry stakeholders, Atawey ensures that evolving regulations reflect real-world needs, fostering sustainable growth in the sector. Through ongoing dialogue and expertise, we help shape standards that make hydrogen solutions more accessible and scalable.

Atawey’s Commitment to Compliance and Excellence

Atawey’s hydrogen refueling stations are already compliant with the upcoming 2025 regulatory changes. Our systems are designed with advanced safety features, rigorous quality controls, and modular configurations to anticipate future expansions or updates. This proactive approach demonstrates our commitment to delivering reliable, future-ready solutions that meet the highest safety standards.

Our customers benefit from solutions that are not only compliant but also optimized for ease of use and long-term sustainability. With Atawey, you have a partner who combines technical expertise with a forward-looking approach, ensuring your hydrogen mobility projects thrive in an ever-evolving regulatory environment.

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Natural Hydrogen: A Promising Revolution for the Energy Transition

In a world seeking clean and sustainable energy alternatives, natural hydrogen, also known as white hydrogen, is emerging as a revolutionary solution. Unlike green, blue, or gray hydrogen, its production requires neither renewable electricity nor intensive chemical processing. This energy carrier, naturally generated through geological processes, holds significant potential to decarbonize strategic sectors while reducing costs and environmental impacts. This article delves into the promises and challenges of white hydrogen, highlighting initiatives in France, Europe, and globally, as well as its role in the energy transition.

An untapped natural potential

Natural hydrogen, or white hydrogen, is emerging as an innovative and strategic resource in the global energy transition. Formed through geological processes such as the oxidation of ferrous minerals or water radiolysis, it is continuously produced by the Earth over periods ranging from a few thousand to several million years, depending on specific geological conditions. Unlike other types of hydrogen, its production neither depends on intermittent electricity sources nor requires complex CO2 capture technologies, significantly reducing associated costs. Additionally, white hydrogen extraction boasts several environmental advantages:

  • No fossil fuel dependency: Unlike gray or blue hydrogen, it does not rely on natural gas reforming, eliminating a major source of emissions.
  • Continuous natural production: The Earth’s natural hydrogen generation processes provide a low-energy alternative to high-input methods like electrolysis.
  • Minimal land and water use: Unlike green hydrogen, which requires significant water and land for renewable energy installations, white hydrogen extraction involves a smaller operational footprint.

Recent projections estimate that white hydrogen production costs could range between €1 and €1.5/kg in the coming years, well below the €2 to €9/kg expected for hydrogen produced by electrolysis by 2030. By comparison, gray hydrogen from fossil fuels currently costs between €1.5 and €3/kg but has a significantly higher environmental impact. These figures highlight the competitive advantage white hydrogen could represent for the energy and industrial sectors​​.

Natural Hydrogen: Promising initiatives in France and globally

In France, five exploration permits have been granted, targeting regions such as the Pyrenees, the Albigeois Plain, and French Guiana. These areas have been identified for their favorable geological potential, particularly due to the presence of rock formations rich in iron and magnesium, which facilitate natural hydrogen generation. Preliminary estimates suggest that these areas could supply up to 20% of France’s national hydrogen demand by 2050, depending on technological developments and exploration progress.

In the Pyrenees, projects are exploring magmatic rocks and active serpentinization zones, while in French Guiana, studies focus on Precambrian formations rich in iron. In the Albigeois Plain, promising geochemical indicators reveal significant amounts of dissolved hydrogen in deep aquifers. These deposits could be exploited to power local industries, reduce fossil fuel imports, and support the decarbonization of heavy transport. Initial results from exploratory drilling, expected by 2025, should confirm the commercial potential of these projects.

Across Europe, several emblematic projects are advancing the understanding of natural hydrogen:

  • Kosovo: The “Banja Vuca” project in the Dinarides region covers 57 km², with feasibility results expected in 2024.
  • Finland: Exploration in the Outokumpu Belt, supported by Bluejay Mining, is targeting formations known for their hydrogen generation potential.
  • Poland: Preliminary studies in Lower Silesia focus on serpentinization in magnesium-rich formations.
  • Ukraine: In the Donetsk Basin, researchers are investigating hydrogen generation under specific geothermal conditions.
  • United Kingdom: The Scottish Highlands host studies of ultramafic zones where rock-water interactions produce hydrogen.

Globally, key initiatives further underscore the growing interest in white hydrogen. In Mali, the pilot project at Bourakébougou has already proven the existence of exploitable deposits, generating hydrogen directly usable for local energy production. In the United States, exploratory drilling has begun in Nebraska and Kansas, targeting areas such as the Nemaha Ridge, where preliminary geological studies indicate promising potential. In Australia, the Yorke Peninsula hosts pilot projects investigating serpentine-rich formations conducive to natural hydrogen generation​ .

According to a 2020 study by Zgonnik, over 465 geological occurrences of hydrogen have been identified worldwide, demonstrating a largely untapped global potential. These deposits include areas in Latin America (such as Colombia), Eastern Europe (notably Poland and Ukraine), and Africa (for example, Namibia). While many of these projects are still in exploratory stages, they could pave the way for commercial exploitation by 2030, supported by technological advances and investments estimated at several billion euros​​.

A ckey lever for the energy future

Despite its promise, white hydrogen faces several challenges, including the development of dedicated infrastructure for extraction, transportation, and storage, as well as the establishment of harmonized regulatory frameworks at the international level. Geological hydrogen storage offers a natural complement to its exploration and production, leveraging underground formations such as salt caverns and aquifers to store surplus hydrogen efficiently. This approach aligns with the development of hydrogen as an energy vector, enabling flexible supply for industrial needs and buffering seasonal energy demands. Projects like the HyGéo Project in Germany are already repurposing salt caverns for hydrogen storage, showcasing the feasibility of large-scale geological systems. In France, the potential for coupling natural hydrogen exploration with geological storage could create a resilient hydrogen ecosystem, reducing reliance on fossil fuels and stabilizing energy markets.

Preliminary estimates suggest that ongoing projects in France and across Europe could significantly contribute to climate objectives by providing a competitive and sustainable alternative to fossil fuels. If public and private initiatives continue at this pace, natural hydrogen and its associated storage infrastructure could become a major pillar of the global energy transition, particularly in industrial sectors and heavy mobility.

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Atawey announces the opening of an office in BeNeLux

As the European Hydrogen Week, takes place at Brussels Expo from November 18 to 22, 2024, Atawey—a leading player in hydrogen refueling stations across Europe—is proud to announce the opening of its second European office in Eindhoven, Netherlands. This new international office will enable the French company to cover key Northern European markets.
Following the establishment of its first European office in Madrid, Spain, in 2023 to expand into Southern Europe, and the scheduled installation of a hydrogen refueling station in Italy in June 2025 in collaboration with Techfem1, this latest move further solidifies the company’s ambitious European expansion plans.
With a dominant position in the French domestic market and a production capacity of 80 hydrogen refueling stations per year, Atawey is accelerating its growth by targeting key European markets where hydrogen mobility is gaining momentum.
These two commercial offices will work closely with local partners who are experts in the hydrogen sector. For example, Atawey’s partnership with Technogas2, established in 2023, ensures a high level of service while adapting to local technical standards and regulations.
« The opening of our second office in the Benelux region represents much more than a new location: it’s a strategic milestone to enhance our proximity to clients and partners. By building local partnerships, we offer tailored solutions supported by expert, responsive local teams to ensure maximum customer service quality and equipment availability. This development accelerates our international growth and reinforces our commitment to supporting our clients with enhanced expertise and agility, right at the heart of their markets,» said Geoffroy Ville, Atawey’s International Business Development Manager.

Regulatory and technological constraints: Atawey ensures its refueling stations are adaptable to international markets

To guarantee that its refueling stations meet the specific regulatory and technological requirements of each market, Atawey actively participates in various working groups organized by French and international hydrogen organizations. The company conducts in-depth analyses of local regulations and, if necessary, adapts its stations to specific technical standards with the support of its R&D team, one of the most advanced in the hydrogen sector.
Additionally, every station can undergo real-world testing before deployment at one of the test sites located within the company’s Grenoble manufacturing facility.

« International expansion is at the core of our corporate strategy. All departments now integrate the international dimension into their processes and strategic plans. By embedding this perspective into our corporate culture, we are laying the groundwork for rapid and sustainable growth. We are committed to continuing the export of our expertise and playing a key role in advancing hydrogen mobility across Europe, » explained Geoffroy de Roffignac, Atawey’s Marketing and Sales Director.

[1] The project to install a hydrogen refueling station in Italy, in collaboration with Techfem—a major player in the Italian energy sector—is part of a broader Italian initiative to produce renewable hydrogen to power buses as well as supply the gas grid.

[2] Technogas and Atawey announced a partnership in July 2023 to offer a turnkey solution, particularly in the Benelux region: a product (Atawey’s hydrogen refueling station) paired with a service (maintenance and technical operation provided by Technogas).

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Atawey expands Internationally with its First Contract in Italy!

Atawey is pleased to announce the installation of its first hydrogen refueling station in Italy, set for mid-2025, in collaboration with Techfem, a major player in the Italian energy sector. This project is part of a broad Italian initiative to produce renewable hydrogen to power buses and to blend in the gas network. This is a significant milestone for the Savoyard company, which aims to be among the top three European hydrogen station manufacturers by 2025. In line with this ambition, the company plans to open its Italian subsidiary by the end of 2024.

An Evolutive Hydrogen Refueling Station at the Heart of a Major Project

It’s official: Atawey’s first station outside French borders will be in Italy! The Savoyard company received an order from Techfem to commission a hydrogen refueling station in Italy by mid-2025. As part of a comprehensive Italian hydrogen project, Techfem, an operator with over 40 years of experience in the Italian energy sector and acting as an EPC (engineering procurement & construction), has enlisted Atawey. The project aims to produce renewable hydrogen on-site using an electrolyzer powered by photovoltaic panels. This hydrogen will fuel buses through a scalable Atawey station and will also be injected into the local gas network.

 

Atawey is proud to contribute to this significant demonstration project in Italy, bringing its expertise in “compression, storage and distribution of hydrogen for mobility”.

 

“We are extremely proud to sign our first European contract with Techfem in Italy. This project marks a major milestone in our international deployment strategy and confirms our position as a key player in hydrogen mobility in Europe. We are committed to developing european partnerships, aiming both at creating local value and  combining skills to accelerate decarbonized mobility.” said Geoffroy de Roffignac, Atawey’s Commercial & Marketing Director.

A Project Aligned with Atawey’s Ambitious Goals

This order for an evolutive station materializes Atawey’s ambition to be a leading European player in hydrogen mobility. This strategic project adds to the company’s order book, which stands at nearly 25 million euros. Atawey, which views international expansion as a strategic priority, sought to develop rapidly in Italy. This collaboration is seen as a crucial opportunity to strengthen its presence in the high-potential hydrogen mobility market and plans to open its Italian subsidiary by the end of 2024.

Hydrogen is at the heart of Italy’s energy strategy, highlighted by the publication of its PNRR (National Recovery and Resilience Plan) at the end of 2020; a key instrument to support hydrogen investment, particularly in the deployment of “Hydrogen Valleys,” ecosystems combining hydrogen production and consumption.

Italy, which projects 70 AFIR stations (49 in urban nodes and 21 along the TEN-T), also reports several public and private investments. For example, in February 2024, NatPower announced a 100 million euro investment in the construction of at least 100 hydrogen refueling stations over the next six years, with the first installation planned for this summer.

Additionally, in May 2024, Italy, Germany, and Austria signed a cooperation agreement to develop a hydrogen transport network from the southern Mediterranean to northern Europe.

These examples illustrate Italy’s ambitious energy strategy, involving significant investments and international agreements to build extensive hydrogen infrastructure.

Atawey plans to go further. The company already has advanced discussions about other European projects.

“This first installation in Italy is a significant step in our company’s international expansion. This project represents not only a substantial growth opportunity for Atawey but also a tangible commitment to the energy transition in Europe. Our decision to open a subsidiary in Italy is based on our approach to creating local value and contributing to the country’s economy. Italy, with its ambitious hydrogen plan, is an ideal country to demonstrate the efficiency and reliability of our proven solutions. We are determined to continue exporting our expertise and playing a key role in the development of hydrogen mobility across the continent.” declared Jean-Michel Amaré, President and co-founder of Atawey.

 

“The collaboration with a highly specialized technology provider like Atawey on a groundbreaking project in Italy confirms the pivotal role of Techfem in the green hydrogen sector and its ability to take on the relevant challenges in the mobility sector, by leveraging on its engineering and execution capabilities globally.” declared Federico Ferrini, Managing Director of Techfem.

Atawey is deploying an ambitious CSR strategy!

Atawey, the reference player for hydrogen refueling stations in Europe, is delighted to announce that it has obtained an ESG rating of 52/100, positioning it as one of the most advanced companies in its field of activity and confirming the eligibility and alignment of its activity with European taxonomy.

This news comes at the same time as the completion of a report on the company’s carbon footprint – one year of activity at Atawey corresponds to an equivalent emission of 1.3 ktCO2/year, in other words the annual emission of 130 people in France – which also highlights the areas of development still to be achieved, particularly through implementing internal levers and mobilizing some of our suppliers.

An ESG rating that reinforces the eligibility and alignment of the whole company with European taxonomy

Atawey’s ESG rating, calculated by Gaïa Research (a subsidiary of the EthiFinance group and the benchmark rating agency for extra-financial company ratings), is based on a reference framework of some 140 criteria divided into 4 key areas: Governance, Social, Environmental and External Stakeholders and it demonstrates the company’s solid performance in terms of Corporate Social Responsibility.

 

This first rating reflects the company’s wish to have its extra-financial performance assessed by an independent third party, with no legal obligation to do so. By anticipating standards that will be mandatory by 2025, Atawey is demonstrating its commitment to sustainability.

 

With an ESG rating of 52/100, above the average for the sector benchmark (22/100), Atawey ranks well in all the key areas:

  • Environmental: 40/100 (compared to 12/100 average for the sector benchmark)
  • Social: 65/100 (compared to 27/100 average for the sector benchmark)
  • Governance: 41/100 (compared to 27/100 average for the sector benchmark)
  • External stakeholders: 81/100 (compared to 20/100 average for the sector benchmark)

 

This initial assessment also confirms the eligibility and alignment of 100% of its activity with European taxonomy, thereby rating it among the companies that are helping to achieve the objectives of the Paris Agreement.

 

Moreover, the company is in compliance with articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), the strictest and most demanding regulation governing sustainable investment funds in the European Union.

 

“CSR issues are at the heart of Atawey’s development strategy and we are continuing to strive to ensure lasting growth whilst meeting the challenges of creating local and sustainable value. This rating represents a real recognition of our efforts to work towards the decarbonization of society, whilst paying attention to the impact of the methods implemented and the consideration we give all of our stakeholders in order to achieve our goal” commented Jean-Michel Amaré, Atawey’s President.

A measurement of the global impact of the company’s activity and the involvement of all its employees and suppliers in rolling out an ambitious CSR strategy

Parallel to this, Atawey announced that it has been awarded a silver medal by Climate Tech Greenly, the leader in digital carbon footprinting and an expert in assessing companies’ climate performance. This recognition reflects Atawey’s commitment to sustainable practices and its considerable efforts to take up the challenge of reducing its carbon footprint.

Atawey is now in the top 25 % of companies assessed in terms of commitment to transparency as regards emissions and efforts to reduce them.

 

Atawey’s carbon footprint was calculated according to the Bilan Carbone® standards of ADEME (the French Agency for Ecological Transition). It should be noted that, while most companies who have their carbon footprint assessed do so based on scopes 1 and 2*, Atawey opted to include scope 3 also, assessing its indirect emissions occurring upstream or downstream of the company’s value chain.

 

“Our desire to act in favor of the ecological transition goes right back to Atawey’s creation and constitutes the very essence of our mission: to accelerate decarbonized mobility” said Pierre-Jean Bonnefond, co-founder and managing director of Atawey.

 

Atawey’s activity over a year corresponds to the equivalent** emission of 1.3 ktCO2/year, i.e. the annual emission of 130 people in France. The production of a single hydrogen refilling station*** results in a significant reduction of 2.26 ktCO2/year equivalent, compared with that of a conventional thermal refueling station.

The report also highlights the efforts that the company still needs to make to reduce its carbon footprint, particularly through implementing internal levers and mobilizing some of its suppliers. To date, 19.7 % of the company’s emissions come from the employees’ internal life (travel, supplies, meals, etc.) while 80.3% are due to the manufacture of the refueling stations (purchase of products, fixed assets, freight).

 

Joining a small group of companies dedicated to promoting global sustainability objectives, Atawey is determined to continue to innovate and to drive a positive change in its own sector and beyond. So while 95% of the company’s suppliers are currently French, a mobilization of the whole ecosystem is required to identify levers for reduction with each supplier. The company is already taking steps in this direction.


To complete this carbon report, Atawey actively involved all its partners, from gathering information to reporting the results and implementing solutions. In this way, the staff were made aware of the importance of reducing their greenhouse gas emissions and how that could be achieved. A Climate Fresco was also organized as part of an in-house team-building day and employees were able to work as a team on a plan to reduce the company’s emissions. This active involvement of staff strengthens the teams’ mobilization around the major issue of a more sustainable economy in which environmental responsibility plays a growing role.

 

*Scope 1: direct greenhouse gas emissions generated by the company and its activities.

Scope 2: indirect energy consumption-related emissions that are not produced directly on the company’s site

** Study carried out at the end of 2023, based on 2022’s activity

*** Study carried out on the 3rd generation of Atawey’s “evolutive” stations

2023 revenues : Atawey exceeded targets

In an intensively developing hydrogen mobility market, Atawey once again reported major business growth in 2023. This dynamic materialized in a 2.6-fold increase in revenue compared to 2022, reaching 8.5 million euros, and an expansion of its portfolio of partners and customers. Atawey pursued sustained growth by winning orders for high-capacity hydrogen refueling stations (in excess of 1T/day) and transforming its business model from an equipment manufacturer to a supplier of solutions for hydrogen mobility. All this while remaining true to its principles of commitment, collaboration with stakeholders, and sustainable performance.

The achievements of 2023 have laid the foundations for an upward trajectory for the Savoy-based company, which aims to become a leader in hydrogen mobility in Europe by 2024, with an installed base of over 75 hydrogen charging stations following the acquisition of McPhy.

This growth occurs against a backdrop of strong dynamism in the European hydrogen mobility market, driven by European and national decarbonization policies and the arrival of new vehicle models and hydrogen refueling stations offers.

2023: very strong sales and business growth

  • Revenue increased by 165% compared to 2022, reaching 8.5 million euros;
  • Order backlog exceeded 20 million euros, confirming growth targets;
  • Sales pipeline amounted to over 100 million euros in potential orders;
  • Strong growth in operating income;
  • Expansion of its hydrogen refueling station range, including the launch of new products: the station co-developed with HYVIA (branded as Hywell®) and the high-capacity Evolutives stations (up to 2T/day);
  • Structuring and expansion of the company’s workforce with the recruitment of 45 employees, bringing the total to 100;
  • Transformation of its business model to deploy a complete range of hydrogen mobility solutions:
    • Investment in the deployment of a network of hydrogen refueling infrastructures, with an initial investment in the “Arv’hy” hydrogen production and distribution project, for which Atawey will supply, operate, and maintain the station;
    • Partnership with Hyvia, which provides an as-a-service offer for LCVs and hydrogen refueling solutions;
    • Launch of a station operation business with recurring revenues to complement the existing maintenance offering.

Outlook for 2024: Atawey among the leaders in hydrogen mobility

Following strong growth in 2023, the company is maintaining its momentum in 2024, aiming for revenue of €22 million, a further 2.6-fold increase on the previous year. To date, 75% of this target has already been achieved thanks to a significant number of new orders, testifying to the current dynamism of the hydrogen mobility market. Confirmation of this momentum is reflected in the entry into production of these new orders, which will enable the company to continue improving its profitability, and is also reflected in the company’s sales pipeline, which should enable it to achieve the same rate of growth in 2025 and 2026. Finally, the prospect of Atawey – currently in exclusive negotiations to acquire McPhy’s stations business – having installed 75 stations by the end of 2024, will position it as the company with the largest network of installed hydrogen refueling stations in Europe.

These successes confirm the company’s strategy of answering as closely as possible to the needs of infrastructure project developers, where mobility needs – both heavy and intensive – converge, and where the use of hydrogen is most relevant.

“The market for intensive hydrogen mobility is booming, and we have maintained our commercial and technological lead by consolidating our expertise and launching our first high-capacity hydrogen refueling stations. Thanks to our strategic decisions and the commitment of our teams, we are now in a position to offer our customers high-performance, customizable equipment coupled with a range of services precisely tailored to their needs, thus contributing to low-carbon mobility.

For the years 2024 and 2025, we remain resolutely focused on our strategy of integrating the best modular and efficient technologies into our stations. Our partners and customers are delighted with this approach, some of whom have renewed their confidence by placing new orders. Our plan to acquire McPhy’s hydrogen refueling station business, with its industrial facilities and fully operational teams, confirms our ambition to become a leader in hydrogen mobility in Europe,” says Jean-Michel Amaré, co-founder, and Chairman of Atawey.

Sustainable extra-financial performance

In parallel with the growth of its business, Atawey has continued to implement a number of initiatives to promote a sustainable, inclusive, and environmentally-friendly corporate policy.

The company is now “eligible” and “aligned” with articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), the most demanding and stringent regulation governing sustainable investment funds in the European Union. This compliance of its entire activity, OPEX and CAPEX, represents a significant milestone.

By becoming eligible for sustainable funds, Atawey confirms its commitment to first-rate extra-financial performance, reinforcing its reputation with investors concerned about the environmental, social, and governance impact of the companies in which they invest.

“A commitment to ecological transition has been rooted in the very foundations of Atawey since its inception, shaping the essence of our mission: to accelerate decarbonized mobility. The challenges associated with Corporate Social Responsibility (CSR) are central to Atawey’s development strategy, and we are committed to fostering sustainable growth while meeting the imperatives of creating local and lasting value,” concludes Pierre-Jean Bonnefond, co-founder, and CEO of Atawey.

McPhy enters into exclusive negotiations with Atawey for the sale of its hydrogen refueling station business

  • McPhy has initiated a process for the sale of its hydrogen refueling station business;
  • Atawey, who is interested in acquiring the business, has become a key player in hydrogen mobility. This acquisition would enable Atawey to accelerate its development and become a European leader;
  • The contemplated transaction will enable McPhy to focus on its core business as an electrolyzer manufacturer, especially given the launch of its Gigafactory in Belfort.

McPhy Energy, specialized in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), announces that it has entered into exclusive negotiations with Atawey for the sale of its refueling station business. As a reminder, the supply of stations accounted for 32% of McPhy’s revenues in 2022, with a portfolio of projects signed, commissioned and/or under execution, representing 40 stations.

 

Successful negotiations shall enable McPhy to allocate its resources primarily to electrolyzer manufacturing, while ensuring further expansion of the stations business by leveraging the capabilities provided by an industry leader. Thanks to a portfolio of 30 installed hydrogen refueling stations and 10 years’ experience, Atawey is indeed one of the leading players in the French market. By bringing together the two station activities, this will accelerate Atawey’s growth and create a European leader.

 

McPhy and Atawey share common history and values, as key players and pioneers in the French hydrogen mobility sector. Their geographical proximity, successful collaborations on several projects and complementary station offerings should ensure the success of the transaction. The merger would indeed enhance the value of the investments made for the Grenoble site and enable Atawey to support the strong growth of its business by acquiring an additional industrial facility and high-quality technological expertise, as demonstrated by McPhy’s recent commissioning of several stations. Should the sale process come to an end, McPhy intends to remain involved alongside Atawey to ensure the continuity of its station business, in the interests of all stakeholders.

 

The repositioning of McPhy’s focus on electrolyzer manufacturing has been driven by the need for greater specialization in each of the hydrogen industry’s core business activities, given the strong growth in the market. The size of hydrogen projects, particularly for industry, is expanding rapidly, requiring more resources for the mass production of high capacity electrolyzers. McPhy will now exclusively devote to this task, drawing on its pan-European industrial setup, including its upcoming Gigafactory in Belfort and support functions in Grenoble, France, its engineering site in Wildau, Germany, and its manufacturing facility in San Miniato, Italy.

 

McPhy will continue the ongoing negotiations with the required confidentiality and will inform the market of its possible outcome, especially should a binding offer be received. During this period, particular attention will be given to the execution of ongoing projects and customer satisfaction. In addition, an information-consultation process with McPhy’s employee representatives will be initiated depending on the progress of the divestiture project. Those representatives have already been informed at this stage of the ongoing process.

 

Jean-Baptiste Lucas, Chief Executive Officer of McPhy, comments: “We have decided to initiate the process of selling off our station business in order to concentrate on developing our electrolyzer business. By combining equipment manufacturing activities for both the production and distribution of hydrogen, McPhy has benefited from a significant learning curve, making its transition towards industrial scale easier. The possibility of associating our teams with the emergence of a new European leader by selling our station activities to a recognized player, with whom we share fundamental values, is undoubtedly a path to pursue. Concurrently, our Gigafactory dedicated to the new generation of electrolyzers, whose construction is nearing completion, will require the mobilization of all our resources to become a major player in the substantial low-carbon hydrogen market.”

 

Jean-Michel Amaré, CEO and co-founder of Atawey, adds: “This is a fantastic opportunity to confirm Atawey as a European leader in hydrogen stations. The complementarity nature of our activities and the proximity of our corporate cultures will help us to achieve a transaction that satisfies all our stakeholders, including first and foremost our employees. This would undoubtedly be a major step forward not only for Atawey, but also for the structuring of the French hydrogen mobility ecosystem.”

 

Next financial event:

  • Publication of 2023 Annual Revenue, February 5, 2024, after market close

 

 

About McPhy

Specialized in hydrogen production and distribution equipment, McPhy is contributing to the global deployment of low-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy is listed on Euronext Paris (compartment B, ISIN code: FR0011742329, MCPHY).

 

 

About ATAWEY

Atawey is France’s leading provider of hydrogen mobility refueling solutions, with 40% market share and thirty stations installed since its creation.

Founded in 2012 by Jean-Michel Amaré and Pierre-Jean Bonnefond, Atawey designs, manufactures and distributes hydrogen refueling stations contributing to the deployment of hydrogen mobility in France and Europe. Atawey has developed a complete range of high-performance, modular charging stations (compact station, evolutive station, mobile station). These different solutions are designed to support the ramp-up of hydrogen use in local areas, and offer solutions tailored to all hydrogen project developers, from pilot projects to complete network coverage.

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H2 ecosystems: a new step for Atawey

With more than ten years’ experience and expertise in the design, manufacture and distribution of hydrogen refueling stations, Atawey, a key player in the hydrogen mobility sector, has in just a few years become the French leader in hydrogen refueling stations (with more than 40% of stations installed by the end of 2022). Thanks to its expertise, its wide range of modular and scalable stations, and its in-depth knowledge of H2 ecosystems, Atawey is also as a partner for hydrogen mobility players.

From initiating H2 ecosystems

HYVIA, the joint-venture equally owned by Renault Group and Plug dedicated to hydrogen mobility, announced on 29 September that it had chosen Atawey to co-develop a new hydrogen refueling station : “HYWELLTM by HYVIA”. This station is part of a much bigger project, as HYVIA been able to deploy a complete and unique offer of H2 ecosystems on the European market.

 

« I’m delighted and proud of the work accomplished with the ATAWEY team since we decided on this partnership last year. We share the same vision. Our teams are working on a key solution to initiate H2 ecosystems, ready to support the rapid deployment of intensive H2 mobility. » – says Franck Potel, Director of Partnerships at HYVIA.

 

The latest addition to the range of compact stations designed and manufactured by Atawey, this hydrogen refueling station has been sized and designed to support the successive phases of decarbonisation of professional LCV fleets.

 

« This compact station joins our portfolio of hydrogen refueling stations, a portfolio that is adapted to the different needs of the market. It is the fruit of our expertise and industrial know-how, and reflects our ability to support hydrogen players from the earliest stages of their projects, offering them a solution tailored to their specific needs. », says Pierre-Jean Bonnefond, co-founder and Managing Director of Atawey.

 

Thanks to its Compact and Plug & Play architecture, this station can be deployed quickly and easily on the most constrained installation sites, requiring little civil engineering and simplifying administrative procedures.

Thanks to the integration of the MC Formula system to optimise filling time for users, and a bigger compression and storage capacity than previous versions of compact stations, this new hydrogen refueling station has been designed to optimise the user experience. The station has a distribution capacity of 100 kg/day of H2 and can refuel 20 to 25 vehicles.

Another advantage is that the investment and operating costs of this new station make it possible to initiate carbon-free mobility H2 ecosystems very easily.

 

« This station once again demonstrates Atawey’s ability to support hydrogen players. We had already proved this with our mobile station, which was deployed as part of the ‘Hynova’ project. Because for regulatory reasons relating to port areas, no other type of hydrogen refueling station could be installed. This mobile station was also adapted to Hyliko’s needs in terms of initiating heavy mobility ecosystems, thanks to a solution that includes trucks and stations ». – says Jean-Michel Amaré, co-founder and chairman of Atawey.

Towards mass deployment of intensive mobility

These projects demonstrate Atawey’s determination to become one of the key players in the French and European H2 ecosystems. From vehicle tests to the initiation of the decarbonization of professional fleets, Atawey is accelerating the deployment of hydrogen mobility.

 

This acceleration is also reflected in its range of high-capacity hydrogen refueling stations (the evolutive stations), deployed in particular along major European routes by project owners such as HYmpulsion, to support the rise of hydrogen applications.

 

« Because if there’s one thing to remember about our compact stations, it’s that they’re just the beginning of tomorrow’s mobility. Mobility that will require large-capacity stations, and who today can predict how large they will be ? In any case, Atawey will be there to answer », concluded Pierre-Jean Bonnefond when he spoke at the opening of the HYVIA H2 Ecosystem Event on Monday 2 October.

 

More than just a manufacturer of hydrogen refueling stations, Atawey is the partner of choice for accelerating hydrogen mobility all over the world.

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Atawey, the French leader in hydrogen refueling stations, is racking up awards and is rolling out its high-capacity stations

The Savoie-based company, which manufactures, designs and distributes hydrogen refueling stations, is experiencing a wonderful alignment of the planets!

 

France’s leading manufacturer of hydrogen refueling stations (with more than 40% of the total installed base1) is delighted to announce that it has been selected as the winner of the first batch of the French Tech 2030 programme, a new national programme run by the General Secretariat for Investment, with the support of Mission French Tech and the expertise of Bpifrance.

This is a sign of recognition for Atawey, which now offers one of the widest ranges of stations on the European market, including high-capacity upgradable stations (up to 1.3 t/d) designed to meet the needs of the growth in intensive mobility.

Selected from among 840 applications, Atawey joins 125 other emerging players in French innovation in a programme combining financial and extra-financial support. Atawey’s major objective is to help emerging French technology leaders to emerge in all the France 2030 vertical areas, so that they can develop and shine on the international stage.

At the same time, Atawey has won two awards: from the industry and at local level

Atawey is also one of the winners of the first France Hydrogène 2023 Awards, which recognise players in the hydrogen industry for their dynamism and value creation.

Atawey received the Innovation Award for its mobile hydrogen refueling station.

Launched in 2022 and designed by the company’s R&D teams, this station represents a major industrial innovation. The station moves to the customer, whatever the need.

To speed up commissioning (less than 4 hours) and avoid the station being unavailable, it incorporates two innovative programmes, also designed in-house : ata’Start and ata’Check.

 

Atawey has also been selected to take part in the 2023 edition of the “Climate Solutions Accelerator” programme run by the Cannes Lérins conurbation. The aim of this local event is to bring together developers of practical solutions with elected representatives from the area, to help prevent the effects of climate change.

 

These various awards and programs are recognition of the efforts made by the company, which for over ten years has been working to accelerate hydrogen mobility in France and internationally. The company’s DNA, based on innovation and industrial expertise, means it can meet the expectations of different markets and adapt to the changing needs of hydrogen mobility.

HYmpulsion renews its confidence in Atawey

As good news never comes alone, Atawey is pleased to announce a new order for three high-capacity stations from HYmpulsion, the company responsible for the operational and commercial implementation of the Zero Emission Valley project. These three hydrogen refueling stations, each with a compression capacity of up to 1.3 tonnes of hydrogen per day, will enable the Zero Emission Valley project to continue its development.

 

This major project, backed by the Auvergne-Rhône-Alpes region, plans to deploy more than 400 hydrogen-powered light vehicles (commercial and passenger vehicles) and more than 115 buses, lorries and coaches by 2024, making it necessary to set up appropriate hydrogen refuelling stations. With an initial distribution capacity of 400 kilograms of hydrogen per day, the stations ordered will eventually be upgradable to 1.3 tonnes per day, enabling Atawey to meet the requirements and needs of the Zero Emission Valley project.

 

This new order for three stations is the logical continuation of a long-standing partnership, since the first two stations in the Zero Emission Valley project were manufactured and installed by Atawey and are already being operated by HYmpulsion: the first in Chambéry and the second in Moûtiers.

 

With station availability rates of over 95% and daily monitoring, Atawey is positioning itself as a key player in hydrogen distribution. Like the stations in Chambéry and Moûtiers, these three new stations will incorporate the international MC Formula filling protocol. This extremely complex refuelling protocol saves energy and increases station availability. It also enhances the user experience.

 

 

Atawey is the first French manufacturer to incorporate this technological innovation.

 

The three future stations will be installed by 2024 in Annecy, Valence and Salaise-sur-Sanne, south of Lyon. These strategic locations will make it possible to create hydrogen corridors – in line with European programs to deploy massive hydrogen infrastructures along major traffic routes – between Lyon and Valence and Valence and Annecy. The aim of creating this network is to support the development of a low-carbon mobility sector in the Auvergne-Rhône-Alpes region, while ensuring that heavy goods vehicles can be refuelled on European cross-border routes.

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Technogas and Atawey join their expertise to accelerate hydrogen mobility in BeNeLux

At a time when the hydrogen sector is developing throughout Europe thanks to an incentive policy of public investment and the accelerated evolution of the regulatory framework, Technogas, a company that designs, assembles and maintains pressure-reducing and metering stations for the gas network, is pleased to announce the conclusion of a partnership with Atawey, a designer, manufacturer and installer of hydrogen refueling stations.   Together, Technogas and Atawey will offer a turnkey solution to facilitate the deployment of hydrogen mobility in BeNeLux. It’s a coherent alliance for the two European companies, who place the reliability of the solutions they offer at the forefront and wish to support businesses in the decarbonisation of their uses.

Modular, complementary stations coupled with a 360° service offering

With this partnership, Technogas and Atawey will offer a turnkey solution: product (the hydrogen refueling station by Atawey) and service (maintenance and technical operation by Technogas), so that companies can benefit from a complete, reliable and sustainable solution.   On the one hand, Technogas, a benchmark player recognised for its expertise and the quality of its offerings, which has been working in the industrial and renewable gases sector for more than 50 years, is looking to expand its business portfolio in a field in which it already has a great deal of experience: hydrogen. The company is thus entering a new dimension and becoming a player in low-carbon mobility.   Atawey, on the other hand, has been an expert in the design, manufacture and installation of hydrogen refueling stations for over 10 years, and is keen to deploy its technological expertise, network and in-depth knowledge of the sector on an international scale. The Savoie-based company’s range of hydrogen refueling stations includes mobile stations that can be deployed in half a day, and upgradable high-capacity stations (up to 1.3 t/d) for intensive use (logistics, heavy mobility, public transport, etc.).   In addition to equipment sales, this partnership offers comprehensive support for associated services. It covers the entire value chain of a hydrogen infrastructure project, from design to maintenance and operation.

A coherent partnership

By signing this partnership agreement, the companies are combining their complementary advantages to meet the challenges of climate change and low-carbon mobility. This is an obvious choice when you realise that we need to move forward collectively if we are to achieve the carbon neutrality targets set by the public authorities.   “We are proud to have Atawey as a partner, a company that has been committed from the outset to offering a unique local value proposition and to designing its stations in a more sustainable way,” says Laurent FEMONT, Director of Technogas. “Atawey’s products and values are a natural match for the services offered by Technogas, and it is through this type of virtuous agreement that we will be able to offer complete and coherent solutions to the hydrogen mobility market.”   “Today, Technogas ensures the highest quality of service in all the areas in which the company has been able to develop. Our two companies want to support the carbon-free mobility market with proven technology and a customer service that is as close as possible to businesses and local authorities,” says Geoffroy VILLE, International Sales Developer. “We are enthusiastic about this partnership, which is proof that concrete solutions do exist.”